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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.031%
Price spread now: dYdX against BloFin−0.040%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2132.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.299%−$30 on $10k
Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.040%, 7d avg +0.026%
Together, before fees−0.156%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOT-USDT1.21170.0220pay 0.0220% / 8h55m 24s$2.3M$789K75x
ShortdYdX DOT-USD1.21120get 0.0000% / 1h55m 24s$146K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BloFin. 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
−$46.2
Price spread: −0.040% → +0.026%
−$6.62
Slippage, 4 orders
−$190.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$265.67
Costs to cover
2.128%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; dYdX: live order book, 24 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 BloFin live order book, 3 min ago1.24 bp10.2 bp −$1014.3 bp −$14329.2 bp −$2,917doesn't fit
Sell dYdX live order book, 24 min ago82.44 bp87.4 bp −$87129.3 bp −$1,293175.1 bp −$17.5K198.8 bp −$99.4K

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
Reya DOTRUSDPERP−0.0166%1h1.2113−0.036%$262as long as short
Coinbase International DOT-PERP-INTX−0.0056%1h1.2090−0.223%$209K$1.9M50xas long as short
OKX DOT-USDT-SWAP−0.0008%8h1.2114−0.025%$9.6M$24.0M50xas long as short
dYdX DOT-USDshort0.0000%1h1.2112−0.040%$146K$6K10x
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2118+0.012%$5K150xas long as short
Kraken Futures PF_DOTUSD+0.0032%1h1.2127+0.084%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020−0.801%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0047%8h1.2114−0.025%$6.8M$8.8M75xas long as short
Lighter DOT+0.0096%1h1.2119+0.017%$247K$601K10xas long as short
Hyperliquid DOT+0.0100%1h1.2121+0.033%$5.4M$3.4M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOTUSDT+0.0100%8h1.2117+0.003%$882K$689K50xas long as short
Binance DOTUSDT+0.0100%8h1.2116−0.010%$44.8M$81.7M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2109−0.066%$24.9M$18.4M75xas long as short
Gate DOT_USDT+0.0100%8h1.2110−0.058%$6.9M$11.6M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2115−0.017%$30.3M$38.5M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2113−0.033%$23.3M$14.8M75xas long as short
BingX DOT-USDT+0.0100%8h1.2114−0.025%$28.6Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2106−0.091%$97K$128K10xas long as short
Variational Omni DOT+0.0100%8h1.2105−0.100%$550K$61Kas long as short
edgeX DOTUSDC+0.0100%4h1.2096−0.176%$35K$331K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2098−0.153%$234K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2110−0.058%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.2133+0.132%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2103−0.116%$250K$219K75xas long as short
Extended DOT-USD+0.0104%1h1.2112−0.041%$15K$235K25xas long as short
Deribit DOT_USDC-PERPETUAL+0.0162%1h1.2127+0.083%$222K$117K50xas long as short
BloFin DOT-USDTlong+0.0220%8h1.2117long leg$2.3M$789K75x
Phemex DOTUSDT+0.0293%8h1.2130+0.107%$2.3M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0305% / S −0.1025%1h1.2119+0.012%$23K100xas long as short