Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin−0.009%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1591.590% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.009%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.1638 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $6.0M | $9.5M | 75x |
| Short | dYdX DOT-USD | 1.1637 | 0 | get 0.0000% / 1h | 6m 34s | $141K | $6K | 10x |
KuCoin DOTUSDTM
dYdX DOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.009% → +0.021%
- −$3.01
- Slippage, 4 orders
- −$136.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$183
- Costs to cover
- 1.590%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; dYdX: live order book, 40 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 KuCoin live order book, 5 min ago | 1.72 bp | 16.7 bp −$17 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 40 min ago | 42.59 bp | 81.6 bp −$82 | 183.4 bp −$1,834 | 213.2 bp −$21.3K | 234.5 bp −$117.2K |
DOT on 29 exchanges
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 | −0.1722% | 1h | 1.1639 | +0.009% | $254K | $163K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0168% | 1h | 1.1640 | +0.017% | $169K | $1.5M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1637 | −0.005% | $252 | — | — | as long as short |
| dYdX DOT-USDshort | 0.0000% | 1h | 1.1637 | −0.009% | $141K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1649 | +0.097% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.282% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1636 | −0.020% | $241K | $626K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1634 | −0.034% | $5.5M | $3.7M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1640 | +0.017% | $839K | $440K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1642 | +0.034% | $42.6M | $77.2M | 75x | 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 DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1635 | −0.026% | $23.9M | $18.1M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1640 | +0.017% | $9.0M | $22.5M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1630 | −0.069% | $6.6M | $10.1M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1633 | −0.043% | $33.6M | $69.5M | 300x | as long as short |
| KuCoin DOTUSDTMlong | +0.0100% | 8h | 1.1638 | long leg | $6.0M | $9.5M | 75x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1630 | −0.069% | $22.6M | $13.3M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1634 | −0.034% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1630 | −0.069% | $88K | $132K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1633 | −0.047% | $530K | $31K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1640 | +0.015% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | +0.103% | $227K | $393K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1630 | −0.069% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1647 | +0.077% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1648 | +0.086% | $263K | $262K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1640 | +0.017% | $2.4M | $2.1M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1625 | −0.114% | $13K | $270K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1636 | −0.017% | $1.9M | $800K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0258% | 1h | 1.1637 | −0.007% | $4.5M | $1.6M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0296% / S −0.0987% | 1h | 1.1632 | −0.054% | $21K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
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
Kraken Futures PF_DOTUSD
GMX DOT/USD [WBTC.b-USDC]