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+0.0021%/8h= +2.3% APRpaid last 24h +0.014%
Price spread now: KuCoin against dYdX−0.004%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2702.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.004%, 7d avg −0.025%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.022% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOT-USD1.19960get 0.0000% / 1h35m 42s$144K$6K10x
ShortKuCoin DOTUSDTM1.19960.0021get 0.0021% / 8h1h 35m$6.8M$8.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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
$4.41
Price spread: −0.004% → −0.025%
$2.15
Slippage, 4 orders
−$247.67
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$263.11
Costs to cover
2.697%
Break-even
424.6 days
Slippage from dYdX: live order book, 48 min ago; KuCoin: live order book, 2 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 dYdX live order book, 48 min ago100.25 bp129.2 bp −$129152.8 bp −$1,528168.1 bp −$16.8K221.0 bp −$110.5K
Sell KuCoin live order book, 2 min ago2.08 bp16.8 bp −$1742.4 bp −$424doesn'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%1h1.1988−0.066%$259as long as short
Coinbase International DOT-PERP-INTX−0.0128%1h1.1990−0.054%$185K$1.8M50xas long as short
Kraken Futures PF_DOTUSD−0.0053%1h1.2001+0.040%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP−0.0040%1h1.2020+0.196%$328$121K12xas long as short
OKX DOT-USDT-SWAP−0.0027%8h1.1997+0.005%$9.5M$23.6M50xas long as short
dYdX DOT-USDlong0.0000%1h1.1996long leg$144K$6K10x
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2004+0.063%$219K$117K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2000+0.030%$5K150xas long as short
KuCoin DOTUSDTMshort+0.0021%8h1.1996−0.004%$6.8M$8.6M75x
Extended DOT-USD+0.0080%1h1.1986−0.083%$15K$235K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC DOT_USDT+0.0083%8h1.1996−0.004%$26.9M$36.7M300xas long as short
Binance DOTUSDT+0.0083%8h1.1998+0.013%$44.1M$80.7M75xas long as short
Lighter DOT+0.0096%1h1.2001+0.034%$252K$593K10xas long as short
Hyperliquid DOT+0.0100%1h1.2005+0.071%$5.3M$3.2M10xas long as short
Aster DOTUSDT+0.0100%8h1.2004+0.059%$891K$649K50xas long as short
Bybit DOTUSDT+0.0100%8h1.1993−0.029%$24.5M$17.9M75xas long as short
Gate DOT_USDT+0.0100%8h1.1990−0.054%$6.8M$11.4M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1990−0.054%$23.0M$14.2M75xas long as short
BingX DOT-USDT+0.0100%8h1.1991−0.045%$28.5Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1988−0.070%$99K$125K10xas long as short
Variational Omni DOT+0.0100%8h1.2008+0.097%$547K$63Kas long as short
edgeX DOTUSDC+0.0100%4h1.2031+0.289%$35K$332K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2030+0.280%$233K$456K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2000+0.030%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.1999+0.021%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.2015+0.155%$248K$219K75xas long as short
BloFin DOT-USDT+0.0202%8h1.2009+0.105%$2.2M$764K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1025%1h1.2001+0.036%$23K100xas long as short
Phemex DOTUSDT+0.0317%8h1.2000+0.030%$2.2M$2.1M50xas long as short