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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Extended+0.076%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.076%, 7d avg +0.105%
Together, before fees−0.087%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.105%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DOT-USD1.21020.0104pay 0.0013% / 1h56m 46s$15K$235K25x
ShortKraken Futures PF_DOTUSD1.21110.0032get 0.0004% / 1h56m 46s$4.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$15.2
Price spread: +0.076% → +0.105%
−$2.95
Slippage, 4 orders
−$27.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$60.96
Costs to cover
0.428%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; Kraken Futures: 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 Extended live order book, 20 min ago1.25 bp8.2 bp −$860.3 bp −$603doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago2.89 bp12.0 bp −$1226.7 bp −$267156.2 bp −$15.6Kdoesn'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%1h1.2093−0.072%$262as long as short
Coinbase International DOT-PERP-INTX−0.0056%1h1.2090−0.101%$209K$1.9M50xas long as short
OKX DOT-USDT-SWAP−0.0008%8h1.2112+0.081%$9.6M$24.0M50xas long as short
dYdX DOT-USD0.0000%1h1.2112+0.083%$146K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2102−0.002%$5K150xas long as short
Kraken Futures PF_DOTUSDshort+0.0032%1h1.2111+0.076%$4.5M$1.4M50x
Injective DOT/USDC PERP+0.0033%1h1.2020−0.679%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0046%8h1.2107+0.040%$6.8M$8.7M75xas long as short
Backpack DOT_USDC_PERP+0.0082%1h1.2106+0.032%$97K$128K10xas long as short
Lighter DOT+0.0096%1h1.2111+0.073%$247K$601K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.2119+0.139%$5.4M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.2110+0.063%$882K$689K50xas long as short
Binance DOTUSDT+0.0100%8h1.2111+0.073%$44.8M$81.7M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2105+0.023%$24.9M$18.4M75xas long as short
Gate DOT_USDT+0.0100%8h1.2110+0.065%$6.9M$11.6M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2106+0.032%$29.9M$38.3M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2112+0.081%$23.3M$14.8M75xas long as short
BingX DOT-USDT+0.0100%8h1.2103+0.007%$28.6Mas long as short
Variational Omni DOT+0.0100%8h1.2068−0.283%$550K$61Kas long as short
edgeX DOTUSDC+0.0100%4h1.2090−0.104%$35K$331K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2078−0.199%$234K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2090−0.101%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.2115+0.106%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2086−0.134%$249K$219K75xas long as short
Extended DOT-USDlong+0.0104%1h1.2102long leg$15K$235K25x
Deribit DOT_USDC-PERPETUAL+0.0163%1h1.2109+0.056%$221K$117K50xas long as short
BloFin DOT-USDT+0.0220%8h1.2103+0.007%$2.3M$789K75xas long as short
Phemex DOTUSDT+0.0299%8h1.2120+0.147%$2.2M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0305% / S −0.1025%1h1.2101−0.007%$23K100xas long as short