Funding you earn now, next payment 09:00 UTC+0.0145%/8h= +15.8% APRpaid last 24h −0.016%
Price spread now: Kraken Futures against Orderly+0.042%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.042% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOT_USDC | 1.1650 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $8K | $19K | 10x |
| Short | Kraken Futures PF_DOTUSD | 1.1655 | 0.0245 | get 0.0031% / 1h | 25m 09s | $4.3M | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $30.37
- Price spread: +0.042% → 0.000%
- $4.2
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.57
- Costs to cover
- 0.160%
- Break-even
- 2.7 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 2.58 bp | 14.9 bp −$15 | 28.1 bp −$281 | 119.8 bp −$12.0K | doesn't fit |
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 | −0.2573% | 1h | 1.1656 | +0.052% | $254K | $171K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1646 | −0.034% | $252 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1655 | +0.040% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1650 | −0.002% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.176% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1660 | +0.086% | $169K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1651 | +0.006% | $245K | $673K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1652 | +0.015% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1652 | +0.018% | $839K | $615K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1652 | +0.014% | $42.5M | $88.8M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1647 | −0.026% | $23.7M | $20.4M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1648 | −0.017% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1650 | 0.000% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1653 | +0.026% | $32.0M | $65.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1650 | 0.000% | $6.2M | $9.6M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1650 | 0.000% | $22.5M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1652 | +0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1654 | +0.034% | $86K | $133K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1628 | −0.187% | $529K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1649 | −0.005% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.001% | $221K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDClong | +0.0100% | 8h | 1.1650 | long leg | $8K | $19K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.1664 | +0.120% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1647 | −0.026% | $263K | $284K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1660 | +0.086% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1642 | −0.070% | $16K | $271K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1652 | +0.017% | $1.9M | $910K | 75x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0245% | 1h | 1.1655 | +0.042% | $4.3M | $1.6M | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1649 | −0.008% | $20K | — | 100x | as long as short |
Kraken Futures PF_DOTUSD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
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]