Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against KuCoin−0.083%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.083%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1984 | 0.0072 | pay 0.0072% / 8h | 7h 01m | $6.5M | $9.1M | 75x |
| Short | OKX DOT-USDT-SWAP | 1.1974 | 0.0023 | get 0.0023% / 8h | 7h 01m | $9.4M | $24.1M | 50x |
KuCoin DOTUSDTM
OKX DOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.37
- Price spread: −0.083% → −0.017%
- −$6.66
- Slippage, 4 orders
- −$44.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.84
- Costs to cover
- 0.668%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 1.66 bp | 23.5 bp −$23 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.42 bp | 11.6 bp −$12 | 24.5 bp −$245 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1498% | 1h | 1.1996 | +0.100% | $219K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1984 | 0.000% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2010 | +0.217% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2005 | +0.174% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1991 | +0.058% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAPshort | +0.0023% | 8h | 1.1974 | −0.083% | $9.4M | $24.1M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.300% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTMlong | +0.0072% | 8h | 1.1984 | long leg | $6.5M | $9.1M | 75x | |
| Lighter DOT | +0.0096% | 1h | 1.1986 | +0.013% | $243K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1984 | 0.000% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1998 | +0.117% | $873K | $699K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1982 | −0.013% | $44.1M | $83.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1977 | −0.058% | $24.8M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1990 | +0.050% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1983 | −0.008% | $29.0M | $44.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1981 | −0.025% | $23.0M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1986 | +0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1981 | −0.025% | $96K | $127K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1982 | −0.013% | $545K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2029 | +0.379% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2070 | +0.719% | $230K | $458K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1990 | +0.050% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2005 | +0.175% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2006 | +0.184% | $250K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1982 | −0.020% | $14K | $300K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1991 | +0.062% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1991 | +0.058% | $2.2M | $790K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1992 | +0.063% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0663% | 8h | 1.2010 | +0.217% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT