Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.5% APRpaid last 24h +0.035%
Price spread now: BingX against Kraken Futures−0.179%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2102.102% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)+0.195%+$19 · spread now −0.179%, 7d avg −0.056%
=Funding pays, the price is against you. BingX is 0.122% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.056%). If the spread goes back, that is −$12 on $10k: about 6.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.2132 | 0.0032 | pay 0.0004% / 1h | 26m 42s | $4.5M | $1.4M | 50x |
| Short | BingX DOT-USDC | 1.2110 | 0.0100 | get 0.0100% / 8h | 26m 42s | — | $1.3M | — |
Kraken Futures PF_DOTUSD
BingX DOT-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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: −0.179% → −0.056%
- −$12.23
- Slippage, 4 orders
- −$190.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$208.03
- Costs to cover
- 2.102%
- Break-even
- 108.3 days
Slippage from Kraken Futures: live order book, 2 min ago; BingX: live order book, 4 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 Kraken Futures live order book, 2 min ago | 2.06 bp | 16.1 bp −$16 | 24.8 bp −$248 | 205.1 bp −$20.5K | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.89 bp | 81.6 bp −$82 | 197.7 bp −$1,977 | 494.4 bp −$49.4K | 1085.0 bp −$542.5K |
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 | −0.0985% | 1h | 1.2128 | −0.030% | $222K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2113 | −0.150% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2140 | +0.069% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2139 | +0.064% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2123 | −0.073% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0014% | 8h | 1.2105 | −0.220% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSDlong | +0.0032% | 1h | 1.2132 | long leg | $4.5M | $1.4M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.920% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0054% | 8h | 1.2119 | −0.104% | $6.7M | $8.8M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2124 | −0.063% | $247K | $605K | 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 | 1.2138 | +0.052% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2137 | +0.046% | $884K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2120 | −0.095% | $44.9M | $82.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2104 | −0.228% | $24.9M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2120 | −0.096% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2109 | −0.187% | $32.4M | $40.1M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2116 | −0.129% | $23.2M | $14.8M | 75x | as long as short |
| BingX DOT-USDCshort | +0.0100% | 8h | 1.2110 | −0.179% | — | $1.3M | — | |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2138 | +0.052% | $97K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2089 | −0.355% | $551K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2129 | −0.019% | $36K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2100 | −0.262% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2120 | −0.096% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2135 | +0.027% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2116 | −0.129% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2100 | −0.258% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2133 | +0.011% | $2.3M | $790K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2123 | −0.075% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0304% | 8h | 1.2150 | +0.151% | $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