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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0768%/8h= −84.1% APRpaid last 24h −0.191%
Price spread now: Deribit against edgeX−0.069%75s7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.909%−$91 on $10k
Price spread, last 3 days (all we have)−0.046%−$5 · spread now −0.069%, 7d avg +0.095%
Together, before fees−0.955%+ Points / potential airdropedgeX: Active · farm board−$96 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Deribit is 0.164% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.095%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOTUSDC1.19790.0100pay 0.0050% / 4h2h 15m$35K$333K20x
ShortDeribit DOT_USDC-PERPETUAL1.1971−0.0668pay 0.0083% / 1h15m 52s$219K$118K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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
−$161.28
Price spread: −0.069% → +0.095%
−$16.4
Slippage, 4 orders
−$32.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$226.23
Costs to cover
0.486%
Break-even
never at this rate
Slippage from edgeX: live order book, 7 min ago; Deribit: live order book, 8 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 edgeX live order book, 7 min ago5.82 bp10.5 bp −$1114.7 bp −$147doesn't fitdoesn't fit
Sell Deribit live order book, 8 min ago9.54 bp13.0 bp −$13doesn'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-PERPETUALshort−0.0668%1h1.1971−0.069%$219K$118K50x
Reya DOTRUSDPERP−0.0166%1h1.1956−0.196%$259as long as short
Kraken Futures PF_DOTUSD−0.0128%1h1.1970−0.078%$4.5M$1.3M50xas long as short
Injective DOT/USDC PERP−0.0080%1h1.2020+0.340%$328$121K12xas long as short
Coinbase International DOT-PERP-INTX−0.0064%1h1.1970−0.077%$186K$1.8M50xas long as short
OKX DOT-USDT-SWAP−0.0029%8h1.1964−0.127%$9.4M$23.5M50xas long as short
dYdX DOT-USD0.0000%1h1.1967−0.099%$144K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1967−0.098%$5K150xas long as short
KuCoin DOTUSDTM+0.0019%8h1.1962−0.144%$6.8M$8.7M75xas long as short
Lighter DOT+0.0096%1h1.1964−0.131%$267K$580K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DOT-USD+0.0096%1h1.1955−0.202%$15K$240K25xas long as short
MEXC DOT_USDT+0.0099%8h1.1959−0.169%$34.6M$35.6M300xas long as short
Binance DOTUSDT+0.0099%8h1.1961−0.152%$44.1M$81.0M75xas long as short
Hyperliquid DOT+0.0100%1h1.1972−0.060%$5.3M$3.1M10xas long as short
Aster DOTUSDT+0.0100%8h1.1977−0.019%$889K$649K50xas long as short
Bybit DOTUSDT+0.0100%8h1.1955−0.202%$24.5M$17.8M75xas long as short
Gate DOT_USDT+0.0100%8h1.1960−0.160%$6.9M$11.5M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1960−0.160%$22.9M$13.9M75xas long as short
BingX DOT-USDT+0.0100%8h1.1956−0.194%$28.5Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1961−0.152%$99K$127K10xas long as short
Variational Omni DOT+0.0100%8h1.2013+0.281%$547K$91Kas long as short
edgeX DOTUSDClong+0.0100%4h1.1979long leg$35K$333K20x
GRVT DOT_USDT_Perp+0.0100%8h1.1970−0.077%$232K$469K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1960−0.160%$8K$26K10xas long as short
SunX DOT-USDT+0.0100%8h1.1983+0.032%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.1961−0.152%$247K$219K75xas long as short
BloFin DOT-USDT+0.0219%8h1.1970−0.077%$2.3M$763K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0297% / S −0.0774%1h1.1964−0.125%$22K100xas long as short
Phemex DOTUSDT+0.0329%8h1.1980+0.007%$2.2M$2.1M50xas long as short