Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.016%
Price spread now: Kraken Futures against dYdX0.000%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1861.863% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now 0.000%, 7d avg +0.025%
=Funding pays, the price is against you. Kraken Futures is 0.025% cheaper against dYdX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1600 | 0 | get 0.0000% / 1h | 27m 19s | $140K | $6K | 10x |
| Short | Kraken Futures PF_DOTUSD | 1.1600 | 0.0093 | get 0.0012% / 1h | 27m 19s | $4.3M | $1.4M | 50x |
dYdX DOT-USD
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $19.47
- Price spread: 0.000% → +0.025%
- −$2.54
- Slippage, 4 orders
- −$166.3
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$169.37
- Costs to cover
- 1.863%
- Break-even
- 67.9 days
Slippage from dYdX: live order book, 22 min ago; Kraken Futures: 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 dYdX live order book, 22 min ago | 67.63 bp | 72.6 bp −$73 | 72.6 bp −$726 | 100.2 bp −$10.0K | 118.7 bp −$59.4K |
| Sell Kraken Futures live order book, 2 min ago | 4.29 bp | 20.4 bp −$20 | 37.4 bp −$374 | 123.3 bp −$12.3K | 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 | −0.3444% | 1h | 1.1598 | −0.017% | $231K | $134K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1580 | −0.173% | $174K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1585 | −0.130% | $251 | — | — | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1600 | long leg | $140K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1592 | −0.071% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.620% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0093% | 1h | 1.1600 | 0.000% | $4.3M | $1.4M | 50x | |
| Lighter DOT | +0.0096% | 1h | 1.1595 | −0.044% | $248K | $664K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1588 | −0.107% | $5.1M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1590 | −0.086% | $828K | $602K | 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
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 | 1.1596 | −0.035% | $42.3M | $87.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1591 | −0.078% | $23.5M | $19.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1596 | −0.035% | $9.1M | $24.8M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1590 | −0.086% | $6.6M | $12.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1598 | −0.017% | $29.2M | $58.0M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1588 | −0.104% | $6.1M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1582 | −0.155% | $22.1M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1842 | +2.086% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1575 | −0.216% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1654 | +0.463% | $530K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1672 | +0.619% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1671 | +0.609% | $224K | $419K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1590 | −0.086% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1614 | +0.120% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1602 | +0.017% | $260K | $274K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1600 | 0.000% | $2.3M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1584 | −0.142% | $15K | $245K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1578 | −0.190% | $2.1M | $899K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0290% / S −0.0937% | 1h | 1.1591 | −0.074% | $20K | — | 100x | as long as short |
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
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]