Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.5% APRpaid last 24h −0.035%
Price spread now: Kraken Futures against BingX+0.174%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 3 days (all we have)−0.214%−$21 · spread now +0.174%, 7d avg +0.060%
=The price spread pays, funding is against you. Kraken Futures is 0.113% dearer against BingX than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.060%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOT-USDT | 1.2110 | 0.0100 | pay 0.0100% / 8h | 42m 37s | — | $28.6M | — |
| Short | Kraken Futures PF_DOTUSD | 1.2131 | 0.0032 | get 0.0004% / 1h | 42m 37s | $4.5M | $1.4M | 50x |
BingX DOT-USDT
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$14.37
- Price spread: +0.174% → +0.060%
- $11.31
- Slippage, 4 orders
- −$26.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.38
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Kraken Futures: live order book, 1 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 BingX live order book, 11 min ago | 0.41 bp | 5.4 bp −$5 | 15.8 bp −$158 | 42.3 bp −$4,228 | 201.9 bp −$100.9K |
| Sell Kraken Futures live order book, 1 min ago | 3.30 bp | 14.8 bp −$15 | 26.8 bp −$268 | 385.9 bp −$38.6K | 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 | −0.1150% | 1h | 1.2130 | +0.165% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2119 | +0.074% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2130 | +0.165% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2124 | +0.119% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2126 | +0.132% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0007% | 8h | 1.2107 | −0.025% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0032% | 1h | 1.2131 | +0.174% | $4.5M | $1.4M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.743% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0045% | 8h | 1.2128 | +0.149% | $6.7M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2114 | +0.033% | $247K | $603K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2132 | +0.182% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2138 | +0.228% | $884K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2120 | +0.079% | $44.9M | $82.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2106 | −0.033% | $24.9M | $18.5M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2110 | 0.000% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2110 | 0.000% | $31.1M | $39.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2110 | 0.000% | $23.2M | $14.8M | 75x | as long as short |
| BingX DOT-USDTlong | +0.0100% | 8h | 1.2110 | long leg | — | $28.6M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2126 | +0.132% | $97K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2141 | +0.256% | $553K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2148 | +0.315% | $36K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2149 | +0.323% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2130 | +0.165% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2137 | +0.223% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2131 | +0.173% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2104 | −0.048% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2120 | +0.083% | $2.3M | $789K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2123 | +0.110% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0314% | 8h | 1.2140 | +0.248% | $2.3M | $2.1M | 50x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT