Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.019%

Price spread now: HTX against Extended−0.027%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$730.733% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.027%, 7d avg +0.031%

Together, before fees+0.051%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.058% cheaper against Extended than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.031%). If the spread goes back, that is −$6 on $10k: about 7.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.121% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DOT-USD	1.1983	0.0072	pay 0.0009% / 1h	43m 10s	$15K	$235K	25x
Short	HTX DOT-USDT	1.1980	0.0100	get 0.0100% / 8h	1h 43m	$247K	$219K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee HTXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $5.88
Price spread: −0.027% → +0.031%: −$5.84
Slippage, 4 orders: −$56.28
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$73.24
Costs to cover: 0.733%
Break-even: 94.2 days

Slippage from Extended: live order book, 39 min ago; HTX: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 39 min ago	1.67 bp	8.4 bp −$8	47.8 bp −$478	doesn't fit	doesn't fit
Sell HTX live order book, 38 min ago	19.55 bp	27.0 bp −$27	527.8 bp −$5,278	doesn't fit	doesn't fit

DOT on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit DOT_USDC-PERPETUAL	−0.0333%	1h	1.2000	+0.140%	$219K	$117K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1994	+0.090%	$260	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0128%	1h	1.2000	+0.140%	$185K	$1.8M	50x	as long as short
Kraken Futures PF_DOTUSD	−0.0053%	1h	1.2001	+0.150%	$4.5M	$1.3M	50x	as long as short
Injective DOT/USDC PERP	−0.0040%	1h	1.2020	+0.307%	$328	$121K	12x	as long as short
OKX DOT-USDT-SWAP	−0.0031%	8h	1.2006	+0.190%	$9.4M	$23.6M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.2006	+0.187%	$145K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1995	+0.102%	$5K	—	150x	as long as short
KuCoin DOTUSDTM	+0.0026%	8h	1.1992	+0.073%	$6.8M	$8.6M	75x	as long as short
MEXC DOT_USDT	+0.0069%	8h	1.1996	+0.106%	$26.0M	$36.2M	300x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOTUSDT	+0.0071%	8h	1.1997	+0.114%	$44.1M	$80.6M	75x	as long as short
Extended DOT-USDlong	+0.0072%	1h	1.1983	long leg	$15K	$235K	25x
Lighter DOT	+0.0096%	1h	1.1993	+0.079%	$252K	$593K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.2008	+0.207%	$5.3M	$3.2M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1996	+0.105%	$891K	$649K	50x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1998	+0.123%	$24.5M	$17.9M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.2000	+0.140%	$6.8M	$11.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1990	+0.056%	$23.0M	$14.1M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.1990	+0.056%	—	$28.5M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1996	+0.106%	$99K	$127K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1926	−0.479%	$543K	$63K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1973	−0.088%	$35K	$334K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1980	−0.026%	$232K	$456K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1990	+0.056%	$8K	$24K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2006	+0.190%	$2K	$1.2M	20x	as long as short
HTX DOT-USDTshort	+0.0100%	8h	1.1980	−0.027%	$247K	$219K	75x
BloFin DOT-USDT	+0.0191%	8h	1.1988	+0.040%	$2.2M	$761K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0303% / S −0.1025%	1h	1.1995	+0.097%	$23K	—	100x	as long as short
Phemex DOTUSDT	+0.0316%	8h	1.2010	+0.223%	$2.2M	$2.1M	50x	as long as short