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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1025%/8h= +112.3% APRnext payment +$1.28 per $10,000 · paid last 24h +0.473%
Price spread now: GMX against Deribit−0.045%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.045% cheaper against Deribit than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$31 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOT_USDC-PERPETUAL1.20890get 0.0000% / 1h23m 26s$221K$117K50x
ShortGMX DOT/USD [WBTC.b-USDC]1.2084L +0.0304% / S −0.1025%get 0.0128% / 1h23m 26s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$215.3
Price spread: −0.045% → 0.000%
−$4.47
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$191.83
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: Deribit: live order book, 60 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 60 min ago9.54 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.2075−0.118%$261as long as short
Coinbase International DOT-PERP-INTX−0.0128%1h1.2080−0.074%$186K$1.8M50xas long as short
Kraken Futures PF_DOTUSD−0.0053%1h1.2089−0.001%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP−0.0040%1h1.2020−0.571%$328$121K12xas long as short
OKX DOT-USDT-SWAP−0.0019%8h1.2083−0.050%$9.6M$23.8M50xas long as short
dYdX DOT-USD0.0000%1h1.2090+0.005%$146K$6K10xas long as short
Deribit DOT_USDC-PERPETUALlong0.0000%1h1.2089long leg$221K$117K50x
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2082−0.060%$5K150xas long as short
KuCoin DOTUSDTM+0.0029%8h1.2088−0.008%$6.9M$8.6M75xas long as short
Lighter DOT+0.0096%1h1.2092+0.022%$247K$602K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DOT-USD+0.0096%1h1.2086−0.024%$15K$235K25xas long as short
MEXC DOT_USDT+0.0098%8h1.2087−0.017%$28.2M$37.4M300xas long as short
Hyperliquid DOT+0.0100%1h1.2080−0.074%$5.3M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.2091+0.019%$899K$659K50xas long as short
Binance DOTUSDT+0.0100%8h1.2090+0.006%$44.5M$81.4M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2084−0.041%$24.7M$18.1M75xas long as short
Gate DOT_USDT+0.0100%8h1.2090+0.008%$6.9M$11.5M75xas long as short
Bitget DOTUSDT+0.0100%8h1.2084−0.041%$23.2M$14.3M75xas long as short
BingX DOT-USDT+0.0100%8h1.2090+0.008%$28.5Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2078−0.091%$96K$129K10xas long as short
Variational Omni DOT+0.0100%8h1.2036−0.438%$548K$63Kas long as short
edgeX DOTUSDC+0.0100%4h1.2051−0.314%$35K$332K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2050−0.323%$233K$456K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2070−0.157%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.2091+0.017%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.2090+0.008%$249K$219K75xas long as short
BloFin DOT-USDT+0.0216%8h1.2057−0.265%$2.3M$770K75xas long as short
Phemex DOTUSDT+0.0299%8h1.2100+0.091%$2.2M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]shortL +0.0304% / S −0.1025%1h1.2084−0.045%$23K100x