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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.150%
Price spread now: SunX against Deribit+0.133%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.917%+$92 on $10k
Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.133%, 7d avg +0.063%
Together, before fees+0.874%+$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.071% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit DOT_USDC-PERPETUAL1.19900get 0.0000% / 1h41m 16s$219K$116K50x
ShortSunX DOT-USDT1.20060.0100get 0.0100% / 8h7h 41m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$21
Price spread: +0.133% → +0.063%
$7.05
Slippage, 4 orders
−$131.63
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$118.58
Costs to cover
1.466%
Break-even
46.5 days
Slippage from Deribit: live order book, 32 min ago; SunX: 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 Deribit live order book, 32 min ago5.39 bp9.7 bp −$1018.2 bp −$182doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago30.04 bp74.2 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
Reya DOTRUSDPERP−0.0166%1h1.1972−0.147%$259as long as short
Coinbase International DOT-PERP-INTX−0.0048%1h1.19900.000%$205K$1.8M50xas long as short
dYdX DOT-USD0.0000%1h1.1981−0.076%$144K$6K10xas long as short
Deribit DOT_USDC-PERPETUALlong0.0000%1h1.1990long leg$219K$116K50x
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1979−0.092%$5K150xas long as short
OKX DOT-USDT-SWAP+0.0016%8h1.1982−0.067%$9.4M$24.0M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.250%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0053%8h1.1986−0.033%$6.6M$9.0M75xas long as short
Variational Omni DOT+0.0095%8h1.1970−0.170%$546K$61Kas long as short
Lighter DOT+0.0096%1h1.1988−0.018%$243K$601K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.1978−0.100%$5.4M$3.5M10xas long as short
Aster DOTUSDT+0.0100%8h1.1986−0.034%$873K$691K50xas long as short
Binance DOTUSDT+0.0100%8h1.1987−0.025%$44.1M$83.4M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1981−0.075%$24.7M$18.7M75xas long as short
Gate DOT_USDT+0.0100%8h1.1980−0.083%$6.7M$11.5M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1988−0.017%$36.0M$42.0M300xas long as short
Bitget DOTUSDT+0.0100%8h1.1972−0.150%$22.9M$14.7M75xas long as short
BingX DOT-USDC+0.0100%8h1.1978−0.100%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1997+0.058%$96K$129K10xas long as short
edgeX DOTUSDC+0.0100%4h1.1969−0.177%$35K$332K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1975−0.122%$232K$450K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1970−0.167%$8K$23K10xas long as short
SunX DOT-USDTshort+0.0100%8h1.2006+0.133%$2K$1.3M20x
HTX DOT-USDT+0.0100%8h1.1975−0.125%$247K$217K75xas long as short
Extended DOT-USD+0.0104%1h1.1972−0.152%$14K$282K25xas long as short
Kraken Futures PF_DOTUSD+0.0117%1h1.1997+0.056%$4.5M$1.4M50xas long as short
BloFin DOT-USDT+0.0220%8h1.1980−0.083%$2.2M$791K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1980−0.086%$22K100xas long as short
Phemex DOTUSDT+0.0549%8h1.2000+0.083%$2.3M$2.1M50xas long as short