DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.069%

Price spread now: Kraken Futures against GMX+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Kraken Futures is 0.031% dearer against GMX than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX DOT/USD [WBTC.b-USDC]	1.1661	L +0.0300% / S −0.1012%	pay 0.0038% / 1h	30m 04s	$22K	—	100x
Short	Kraken Futures PF_DOTUSD	1.1665	0.0092	get 0.0012% / 1h	30m 04s	$4.3M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$43.7
Price spread: +0.031% → 0.000%: $3.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$62.56
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: 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 GMX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	2.99 bp	16.7 bp −$17	31.5 bp −$315	100.9 bp −$10.1K	doesn't fit

GMX: 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	−0.3337%	1h	1.1666	+0.039%	$232K	$133K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0864%	1h	1.1660	−0.013%	$173K	$1.9M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1666	+0.038%	$252	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1660	−0.012%	$140K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1663	+0.013%	$3K	—	150x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+3.074%	$328	$121K	12x	as long as short
Kraken Futures PF_DOTUSDshort	+0.0092%	1h	1.1665	+0.031%	$4.3M	$1.4M	50x
Lighter DOT	+0.0096%	1h	1.1664	+0.018%	$248K	$663K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1667	+0.047%	$5.2M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1667	+0.047%	$834K	$598K	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOTUSDT	+0.0100%	8h	1.1665	+0.029%	$42.6M	$86.5M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1659	−0.021%	$23.6M	$19.6M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1664	+0.022%	$9.1M	$24.6M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1660	−0.013%	$6.6M	$12.4M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1668	+0.056%	$28.9M	$57.7M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1661	−0.004%	$6.2M	$9.2M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1661	−0.004%	$22.2M	$14.7M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1882	+1.891%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1663	+0.013%	$90K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1654	−0.067%	$530K	$52K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1685	+0.199%	$34K	$336K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1687	+0.219%	$224K	$419K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1660	−0.013%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1682	+0.176%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1660	−0.013%	$261K	$269K	75x	as long as short
Phemex DOTUSDT	+0.0100%	8h	1.1680	+0.159%	$2.3M	$2.2M	50x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1653	−0.072%	$15K	$245K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1653	−0.073%	$2.1M	$888K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]long	L +0.0300% / S −0.1012%	1h	1.1661	long leg	$22K	—	100x