Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.019%
Price spread now: dYdX against KuCoin+0.142%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2342.343% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.142%, 7d avg +0.024%
=The price spread pays, funding is against you. dYdX is 0.118% dearer against KuCoin than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.024%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1833 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $6.4M | $9.2M | 75x |
| Short | dYdX DOT-USD | 1.1850 | 0 | get 0.0000% / 1h | 40m 12s | $143K | $6K | 10x |
KuCoin DOTUSDTM
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: +0.142% → +0.024%
- $11.78
- Slippage, 4 orders
- −$212.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$243.51
- Costs to cover
- 2.343%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; dYdX: live order book, 19 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 KuCoin live order book, 3 min ago | 0.85 bp | 21.5 bp −$22 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 19 min ago | 92.67 bp | 97.7 bp −$98 | 97.7 bp −$977 | 147.3 bp −$14.7K | 173.1 bp −$86.5K |
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 | −0.2277% | 1h | 1.1843 | +0.085% | $226K | $114K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1850 | +0.144% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1833 | 0.000% | $256 | — | — | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1850 | +0.142% | $143K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1833 | 0.000% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.580% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1834 | +0.010% | $267K | $632K | 10x | as long as short |
| OKX DOT-USDT-SWAP | +0.0097% | 8h | 1.1824 | −0.076% | $9.4M | $24.2M | 50x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1827 | −0.046% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1835 | +0.020% | $854K | $581K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
OKX DOT-USDT-SWAP
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1823 | −0.082% | $43.5M | $85.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1825 | −0.068% | $24.3M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.025% | $6.6M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1830 | −0.025% | $36.9M | $51.6M | 300x | as long as short |
| KuCoin DOTUSDTMlong | +0.0100% | 8h | 1.1833 | long leg | $6.4M | $9.2M | 75x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1816 | −0.144% | $22.6M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1827 | −0.051% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1827 | −0.051% | $92K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1817 | −0.133% | $538K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1814 | −0.157% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1810 | −0.194% | $235K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1830 | −0.025% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1853 | +0.169% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1849 | +0.135% | $258K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1829 | −0.034% | $17K | $308K | 25x | as long as short |
| Phemex DOTUSDT | +0.0172% | 8h | 1.1840 | +0.059% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1837 | +0.031% | $4.4M | $1.5M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1827 | −0.051% | $2.2M | $879K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1833 | +0.002% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]