Settings8H · net · $10k
Funding arb · Price arb /

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.018%
Price spread now: Kraken Futures against Bitget+0.491%48s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.521%−$52 · spread now +0.491%, 7d avg +0.055%
Together, before fees−0.562%−$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.436% dearer against Bitget than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DOTUSDT1.16800.0100pay 0.0100% / 8h2h 40m$22.3M$14.7M75x
ShortKraken Futures PF_DOTUSD1.17370.0092get 0.0011% / 1h40m 25s$4.4M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.76
Price spread: +0.491% → +0.055%
$43.58
Slippage, 4 orders
−$25.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$5.46
Costs to cover
0.473%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Kraken Futures: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.26 bp10.3 bp −$1020.7 bp −$20745.0 bp −$4,503doesn't fit
Sell Kraken Futures live order book, 3 min ago2.98 bp10.7 bp −$1120.3 bp −$203110.2 bp −$11.0Kdoesn't fit

DOT on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit DOT_USDC-PERPETUAL−0.3146%1h1.1737+0.488%$233K$133K50xas long as short
Coinbase International DOT-PERP-INTX−0.0864%1h1.1740+0.514%$170K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1678−0.017%$253as long as short
dYdX DOT-USD0.0000%1h1.1698+0.156%$141K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1689+0.081%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+2.911%$328$121K12xas long as short
Kraken Futures PF_DOTUSDshort+0.0092%1h1.1737+0.491%$4.4M$1.4M50x
Lighter DOT+0.0096%1h1.1708+0.241%$250K$662K10xas long as short
Hyperliquid DOT+0.0100%1h1.1684+0.034%$5.2M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.1691+0.095%$833K$597K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1686+0.051%$42.8M$85.9M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1686+0.051%$23.7M$19.5M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1690+0.086%$9.1M$24.5M50xas long as short
Gate DOT_USDT+0.0100%8h1.16800.000%$6.5M$12.0M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1685+0.043%$27.4M$57.1M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1684+0.034%$6.2M$9.2M75xas long as short
Bitget DOTUSDTlong+0.0100%8h1.1680long leg$22.3M$14.7M75x
BingX DOT-USDT+0.0100%8h1.1688+0.068%$29.8Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1718+0.325%$90K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1725+0.383%$534K$52Kas long as short
edgeX DOTUSDC+0.0100%4h1.1749+0.587%$34K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1759+0.675%$233K$432K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.16800.000%$8K$19K10xas long as short
SunX DOT-USDT+0.0100%8h1.1749+0.591%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1740+0.514%$261K$266K75xas long as short
Phemex DOTUSDT+0.0100%8h1.1740+0.514%$2.4M$2.2M50xas long as short
Extended DOT-USD+0.0104%1h1.1658−0.189%$15K$247K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1729+0.420%$2.2M$884K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0300% / S −0.1012%1h1.1684+0.035%$22K100xas long as short