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+0.0023%/8h= +2.5% APRpaid last 24h −0.009%
Price spread now: OKX against dYdX+0.008%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.008%, 7d avg −0.045%
Together, before fees+0.006%+$1 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 OKX is 0.053% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX DOT-USD1.20920get 0.0000% / 1h16m 41s$146K$6K10x
ShortOKX DOT-USDT-SWAP1.20930.0023get 0.0023% / 8h7h 16m$9.5M$24.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$4.83
Price spread: +0.008% → −0.045%
$5.32
Slippage, 4 orders
−$94.26
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$104.11
Costs to cover
1.143%
Break-even
158.0 days
Slippage from dYdX: live order book, 57 min ago; OKX: 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, 57 min ago41.42 bp46.4 bp −$4674.6 bp −$746108.5 bp −$10.8K144.7 bp −$72.3K
Sell OKX live order book, 2 min ago0.83 bp10.1 bp −$1026.2 bp −$262doesn'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%1h1.2067−0.206%$261as long as short
Coinbase International DOT-PERP-INTX−0.0048%1h1.2070−0.182%$207K$1.8M50xas long as short
dYdX DOT-USDlong0.0000%1h1.2092long leg$146K$6K10x
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2080−0.100%$221K$116K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2071−0.171%$5K150xas long as short
OKX DOT-USDT-SWAPshort+0.0023%8h1.2093+0.008%$9.5M$24.3M50x
Injective DOT/USDC PERP+0.0033%1h1.2020−0.596%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0065%8h1.2084−0.067%$6.6M$9.0M75xas long as short
Lighter DOT+0.0096%1h1.2089−0.022%$245K$602K10xas long as short
Hyperliquid DOT+0.0100%1h1.2094+0.016%$5.4M$3.4M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOTUSDT+0.0100%8h1.2084−0.067%$879K$695K50xas long as short
Binance DOTUSDT+0.0100%8h1.2093+0.010%$44.5M$83.2M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2093+0.008%$25.0M$18.7M75xas long as short
Gate DOT_USDT+0.0100%8h1.2090−0.017%$6.8M$11.6M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2089−0.025%$27.0M$43.2M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2087−0.042%$23.1M$14.5M75xas long as short
BingX DOT-USDT+0.0100%8h1.2086−0.050%$30.0Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2082−0.083%$97K$127K10xas long as short
Variational Omni DOT+0.0100%8h1.2081−0.096%$549K$61Kas long as short
edgeX DOTUSDC+0.0100%4h1.2071−0.176%$35K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2080−0.100%$234K$450K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2070−0.182%$8K$22K10xas long as short
SunX DOT-USDT+0.0100%8h1.2084−0.067%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2069−0.191%$251K$223K75xas long as short
Extended DOT-USD+0.0104%1h1.2083−0.072%$15K$295K25xas long as short
Kraken Futures PF_DOTUSD+0.0116%1h1.2081−0.090%$4.5M$1.4M50xas long as short
BloFin DOT-USDT+0.0220%8h1.2072−0.166%$2.2M$796K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1012%1h1.2070−0.181%$22K100xas long as short
Phemex DOTUSDT+0.0572%8h1.2090−0.017%$2.3M$2.1M50xas long as short