Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against MEXC+0.156%51s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as 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)−0.239%−$24 · spread now +0.156%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.104% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.051%. 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 | MEXC DOT_USDT | 1.1871 | 0.0100 | pay 0.0100% / 8h | 4h 15m | $29.1M | $53.1M | 300x |
| Short | Kraken Futures PF_DOTUSD | 1.1889 | 0.0213 | get 0.0027% / 1h | 15m 18s | $4.4M | $1.4M | 50x |
MEXC DOT_USDT
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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: +0.156% → +0.051%
- $10.45
- Slippage, 4 orders
- −$26.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.3
- Costs to cover
- 0.365%
- Break-even
- 7.7 days
Slippage from MEXC: live order book, 4 min ago; Kraken Futures: 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 MEXC live order book, 4 min ago | 0.42 bp | 1.5 bp −$1 | 5.9 bp −$59 | 39.4 bp −$3,945 | 70.7 bp −$35.3K |
| Sell Kraken Futures live order book, 4 min ago | 2.11 bp | 16.5 bp −$17 | 31.9 bp −$319 | 127.8 bp −$12.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1597% | 1h | 1.1888 | +0.143% | $228K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1880 | +0.076% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1861 | −0.084% | $257 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1870 | −0.012% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1869 | −0.017% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.255% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1874 | +0.028% | $268K | $634K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1876 | +0.038% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1869 | −0.015% | $857K | $580K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1873 | +0.017% | $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 | −0.034% | $24.3M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1867 | −0.034% | $9.4M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1870 | −0.008% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDTlong | +0.0100% | 8h | 1.1871 | long leg | $29.1M | $53.1M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1873 | +0.017% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1862 | −0.076% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1871 | 0.000% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1876 | +0.042% | $93K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1874 | +0.029% | $540K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1866 | −0.046% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1870 | −0.009% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1860 | −0.093% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1890 | +0.160% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1867 | −0.034% | $258K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1863 | −0.067% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0142% | 8h | 1.1900 | +0.244% | $2.4M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0213% | 1h | 1.1889 | +0.156% | $4.4M | $1.4M | 50x | |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1862 | −0.076% | $2.2M | $901K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1871 | −0.001% | $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]