Funding you earn now, next payment 09:00 UTC−0.0144%/8h= −15.7% APRpaid last 24h +0.016%
Price spread now: Orderly against Kraken Futures−0.107%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.107% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.1692 | 0.0244 | pay 0.0030% / 1h | 24m 12s | $4.4M | $1.6M | 50x |
| Short | Orderly PERP_DOT_USDC | 1.1680 | 0.0100 | get 0.0100% / 8h | 7h 24m | $8K | $19K | 10x |
Kraken Futures PF_DOTUSD
Orderly PERP_DOT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Kraken Futures. 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
- −$30.2
- Price spread: −0.107% → 0.000%
- −$10.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$56.87
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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 Kraken Futures live order book, 5 min ago | 2.58 bp | 16.6 bp −$17 | 28.6 bp −$286 | 164.2 bp −$16.4K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2224% | 1h | 1.1691 | −0.013% | $255K | $171K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1681 | −0.098% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1655 | −0.323% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1650 | −0.365% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.801% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1670 | −0.192% | $169K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1684 | −0.072% | $245K | $673K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1673 | −0.167% | $5.5M | $4.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1672 | −0.172% | $841K | $615K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1677 | −0.130% | $42.6M | $88.8M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1679 | −0.115% | $23.7M | $20.4M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1684 | −0.072% | $9.0M | $25.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1680 | −0.107% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1676 | −0.141% | $32.2M | $65.5M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1672 | −0.175% | $6.2M | $9.6M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1677 | −0.132% | $22.6M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1680 | −0.107% | — | $9.6M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1654 | −0.329% | $86K | $133K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1628 | −0.549% | $529K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1649 | −0.368% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.365% | $221K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDCshort | +0.0100% | 8h | 1.1680 | −0.107% | $8K | $19K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.1667 | −0.218% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1647 | −0.389% | $263K | $284K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | −0.021% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1679 | −0.118% | $16K | $271K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1652 | −0.346% | $1.9M | $910K | 75x | as long as short |
| Kraken Futures PF_DOTUSDlong | +0.0244% | 1h | 1.1692 | long leg | $4.4M | $1.6M | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1683 | −0.079% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]