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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.091%
Price spread now: SunX against Coinbase International+0.190%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.375%+$37 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.190%, 7d avg +0.106%
Together, before fees+0.297%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and SunX is 0.084% dearer against Coinbase International than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOT-PERP-INTX1.1550−0.0104get 0.0013% / 1h24m 07s$168K$2.0M50x
ShortSunX DOT-USDT1.15720.0100get 0.0100% / 8h24m 07s$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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
$42.84
Price spread: +0.190% → +0.106%
$8.4
Slippage, 4 orders
−$137.95
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$104.71
Costs to cover
1.559%
Break-even
24.1 days
Slippage from Coinbase International: live order book, 5 min ago; SunX: live order book, 10 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 Coinbase International live order book, 5 min ago8.64 bp20.7 bp −$2122.3 bp −$223doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago29.73 bp73.6 bp −$74doesn't fitdoesn't fitdoesn'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−0.4404%1h1.1549−0.009%$245K$154K50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1537−0.114%$250as long as short
Coinbase International DOT-PERP-INTXlong−0.0104%1h1.1550long leg$168K$2.0M50x
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1549−0.009%$3K150xas long as short
dYdX DOT-USD+0.0001%1h1.1554+0.033%$139K$6K10xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+4.069%$328$121K12xas long as short
Lighter DOT+0.0096%1h1.1545−0.043%$242K$674K10xas long as short
Hyperliquid DOT+0.0100%1h1.1544−0.052%$5.5M$4.7M10xas long as short
Aster DOTUSDT+0.0100%8h1.1552+0.021%$832K$608K50xas long as short
Binance DOTUSDT+0.0100%8h1.1545−0.043%$42.1M$89.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOTUSDT+0.0100%8h1.1537−0.113%$23.4M$20.3M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1542−0.069%$8.9M$25.3M50xas long as short
Gate DOT_USDT+0.0100%8h1.15500.000%$6.5M$13.0M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1545−0.043%$26.9M$63.3M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1551+0.009%$6.1M$9.4M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1547−0.026%$22.1M$14.4M75xas long as short
BingX DOT-USDT+0.0100%8h1.1547−0.026%$9.5Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1544−0.052%$87K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1561+0.098%$526K$50Kas long as short
edgeX DOTUSDC+0.0100%4h1.1587+0.319%$34K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1583+0.284%$222K$425K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.15500.000%$8K$19K10xas long as short
SunX DOT-USDTshort+0.0100%8h1.1572+0.190%$2K$1.4M20x
HTX DOT-USDT+0.0100%8h1.1561+0.095%$260K$282K75xas long as short
Extended DOT-USD+0.0104%1h1.1533−0.146%$14K$273K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1554+0.035%$1.9M$900K75xas long as short
Phemex DOTUSDT+0.0227%8h1.1560+0.087%$2.3M$2.2M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0290% / S −0.0937%1h1.1551+0.005%$20K100xas long as short
Kraken Futures PF_DOTUSD+0.0341%1h1.1549−0.010%$4.3M$1.5M50xas long as short