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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX−0.013%49s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.013%, 7d avg +0.031%
Together, before fees−0.047%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.044% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOTUSDC1.17550.0100pay 0.0050% / 4h2h 42m$35K$336K20x
ShortLighter DOT1.17540.0096get 0.0012% / 1h42m 18s$251K$662K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.013% → +0.031%
−$4.38
Slippage, 4 orders
−$27.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$42.22
Costs to cover
0.370%
Break-even
never at this rate
Slippage from edgeX: live order book, 6 min ago; Lighter: live order book, 63 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, 6 min ago5.53 bp10.1 bp −$1014.3 bp −$143doesn't fitdoesn't fit
Sell Lighter live order book, 63 min ago2.09 bp10.3 bp −$1025.1 bp −$251doesn'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-PERPETUAL−0.3058%1h1.1751−0.038%$234K$133K50xas long as short
Coinbase International DOT-PERP-INTX−0.0864%1h1.1750−0.046%$170K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1735−0.175%$254as long as short
dYdX DOT-USD0.0000%1h1.1756+0.007%$142K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1743−0.106%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+2.250%$328$121K12xas long as short
Kraken Futures PF_DOTUSD+0.0092%1h1.1750−0.042%$4.4M$1.4M50xas long as short
Lighter DOTshort+0.0096%1h1.1754−0.013%$251K$662K10x
Hyperliquid DOT+0.0100%1h1.1743−0.106%$5.2M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.1751−0.037%$837K$594K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1745−0.091%$43.0M$85.6M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1740−0.131%$24.0M$19.0M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1741−0.123%$9.2M$24.4M50xas long as short
Gate DOT_USDT+0.0100%8h1.1740−0.131%$6.6M$12.0M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1743−0.106%$27.3M$56.9M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1743−0.106%$6.3M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1740−0.131%$22.4M$14.6M75xas long as short
BingX DOT-USDT+0.0100%8h1.1741−0.123%$29.7Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1746−0.080%$90K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1746−0.077%$534K$52Kas long as short
edgeX DOTUSDClong+0.0100%4h1.1755long leg$35K$336K20x
GRVT DOT_USDT_Perp+0.0100%8h1.1759+0.029%$233K$432K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1740−0.131%$8K$19K10xas long as short
SunX DOT-USDT+0.0100%8h1.1766+0.090%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1758+0.022%$262K$265K75xas long as short
Phemex DOTUSDT+0.0100%8h1.1760+0.039%$2.4M$2.2M50xas long as short
Extended DOT-USD+0.0104%1h1.1738−0.150%$15K$246K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1751−0.038%$2.2M$879K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0301% / S −0.1012%1h1.1742−0.111%$22K100xas long as short