Funding you earn now, next payment 00:00 UTC+0.0258%/8h= +28.2% APRnext payment +$2.58 per $10,000 · paid last 24h +0.137%
Price spread now: Phemex against KuCoin+0.165%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.717%+$72 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.165%, 7d avg +0.179%
=The price spread sits at its 7-day average of +0.179%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.2100 | 0.0044 | pay 0.0044% / 8h | 1h 04m | $6.8M | $8.7M | 75x |
| Short | Phemex DOTUSDT | 1.2120 | 0.0302 | get 0.0302% / 8h | 1h 04m | $2.2M | $2.1M | 50x |
KuCoin DOTUSDTM
Phemex DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $54.17
- Price spread: +0.165% → +0.179%
- −$1.4
- Slippage, 4 orders
- −$53.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$24.32
- Costs to cover
- 0.771%
- Break-even
- 10.1 days
Slippage from KuCoin: live order book, 4 min ago; Phemex: 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 KuCoin live order book, 4 min ago | 2.49 bp | 18.2 bp −$18 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.14 bp | 23.5 bp −$24 | 48.3 bp −$483 | 119.3 bp −$11.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2094 | −0.053% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2100 | 0.000% | $209K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2110 | +0.083% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.661% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0010% | 8h | 1.2093 | −0.058% | $9.6M | $23.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2099 | −0.008% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2106 | +0.048% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTMlong | +0.0044% | 8h | 1.2100 | long leg | $6.8M | $8.7M | 75x | |
| Deribit DOT_USDC-PERPETUAL | +0.0080% | 1h | 1.2109 | +0.074% | $221K | $117K | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2100 | +0.002% | $247K | $602K | 10x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Deribit DOT_USDC-PERPETUAL
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2105 | +0.041% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2100 | +0.001% | $878K | $687K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2098 | −0.015% | $44.7M | $81.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2092 | −0.066% | $24.8M | $18.3M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2100 | 0.000% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2098 | −0.017% | $29.5M | $38.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2094 | −0.050% | $23.3M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2099 | −0.008% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2099 | −0.008% | $97K | $129K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.2065 | −0.290% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2055 | −0.370% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2070 | −0.248% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2100 | 0.000% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2116 | +0.132% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2073 | −0.223% | $249K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2093 | −0.056% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2082 | −0.149% | $2.3M | $780K | 75x | as long as short |
| Phemex DOTUSDTshort | +0.0302% | 8h | 1.2120 | +0.165% | $2.2M | $2.1M | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2103 | +0.022% | $23K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
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
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]