Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h +0.007%
Price spread now: MEXC against Kraken Futures−0.155%51s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.155%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_DOTUSD | 1.1889 | 0.0213 | pay 0.0027% / 1h | 15m 20s | $4.4M | $1.4M | 50x |
| Short | MEXC DOT_USDT | 1.1871 | 0.0100 | get 0.0100% / 8h | 4h 15m | $29.1M | $53.1M | 300x |
Kraken Futures PF_DOTUSD
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$23.75
- Price spread: −0.155% → −0.051%
- −$10.42
- Slippage, 4 orders
- −$26.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$70.67
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; MEXC: 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, 4 min ago | 2.11 bp | 17.4 bp −$17 | 27.1 bp −$271 | 142.8 bp −$14.3K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.42 bp | 1.1 bp −$1 | 8.7 bp −$87 | 50.0 bp −$5,004 | 79.4 bp −$39.7K |
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 | −0.1597% | 1h | 1.1888 | −0.012% | $228K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1880 | −0.080% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1861 | −0.239% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1870 | −0.167% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1869 | −0.172% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.098% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1874 | −0.128% | $268K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1876 | −0.118% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1869 | −0.170% | $857K | $580K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1873 | −0.139% | $43.7M | $85.2M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1867 | −0.189% | $24.3M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1867 | −0.189% | $9.4M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.164% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.1871 | −0.155% | $29.1M | $53.1M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1873 | −0.139% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1862 | −0.231% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1871 | −0.155% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1876 | −0.113% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1874 | −0.127% | $540K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1866 | −0.202% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1870 | −0.164% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | −0.248% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1890 | +0.004% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1867 | −0.189% | $258K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1863 | −0.222% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0142% | 8h | 1.1900 | +0.088% | $2.4M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSDlong | +0.0213% | 1h | 1.1889 | long leg | $4.4M | $1.4M | 50x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1862 | −0.231% | $2.2M | $901K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1871 | −0.157% | $22K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate 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
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]