Funding you earn now, next payment 23:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.005%
Price spread now: Kraken Futures against MEXC+0.177%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)−0.206%−$21 · spread now +0.177%, 7d avg +0.049%
=The price spread pays, funding is against you. Kraken Futures is 0.129% dearer against MEXC than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.049%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC DOT_USDT | 1.2067 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $29.2M | $38.1M | 300x |
| Short | Kraken Futures PF_DOTUSD | 1.2088 | −0.0053 | pay 0.0007% / 1h | 9m 31s | $4.5M | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.14
- Price spread: +0.177% → +0.049%
- $12.88
- Slippage, 4 orders
- −$18.21
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.47
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 0.41 bp | 1.1 bp −$1 | 7.1 bp −$71 | 36.1 bp −$3,613 | 77.6 bp −$38.8K |
| Sell Kraken Futures live order book, 4 min ago | 2.07 bp | 11.0 bp −$11 | 21.2 bp −$212 | 167.8 bp −$16.8K | doesn't fit |
DOT on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2064 | −0.028% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2090 | +0.191% | $209K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | −0.0053% | 1h | 1.2088 | +0.177% | $4.5M | $1.4M | 50x | |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.389% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0011% | 8h | 1.2066 | −0.008% | $9.5M | $23.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2076 | +0.073% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2089 | +0.182% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2086 | +0.155% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0040% | 8h | 1.2067 | 0.000% | $6.8M | $8.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2072 | +0.038% | $246K | $602K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2087 | +0.168% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2072 | +0.038% | $876K | $687K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2070 | +0.024% | $44.6M | $81.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2063 | −0.033% | $24.8M | $18.3M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2070 | +0.025% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDTlong | +0.0100% | 8h | 1.2067 | long leg | $29.2M | $38.1M | 300x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2070 | +0.025% | $23.1M | $14.6M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2065 | −0.017% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2069 | +0.017% | $96K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2079 | +0.098% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2084 | +0.143% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2056 | −0.087% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2080 | +0.108% | $8K | $25K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2091 | +0.199% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2092 | +0.207% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2062 | −0.043% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2082 | +0.124% | $2.3M | $780K | 75x | as long as short |
| Phemex DOTUSDT | +0.0301% | 8h | 1.2100 | +0.273% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2083 | +0.136% | $23K | — | 100x | as long as short |
MEXC DOT_USDT
Kraken Futures PF_DOTUSD
Coinbase International DOT-PERP-INTX
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]