Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: BingX against gTrade (Gains Network)−0.119%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BingX is 0.119% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOT/USD	1.1732	L 0.0000% / S +0.0004%	pay 0.0000% / 1h	41m 11s	$3K	—	150x
Short	BingX DOT-USDT	1.1718	0.0100	get 0.0100% / 8h	2h 41m	—	$29.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BingXbpOrdersPrice spread, now −0.119%Rate

Funding earned: $20.9
Price spread: −0.119% → 0.000%: −$11.93
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$11.03
Costs to cover: 0.200%
Break-even: 10.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	0.42 bp	7.7 bp −$8	15.2 bp −$152	45.8 bp −$4,581	192.6 bp −$96.3K

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3146%	1h	1.1737	+0.043%	$233K	$133K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0864%	1h	1.1740	+0.068%	$170K	$1.9M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1733	+0.012%	$254	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1744	+0.104%	$141K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDlong	L 0.0000% / S +0.0004%	1h	1.1732	long leg	$3K	—	150x
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+2.455%	$328	$121K	12x	as long as short
Kraken Futures PF_DOTUSD	+0.0092%	1h	1.1737	+0.046%	$4.4M	$1.4M	50x	as long as short
Lighter DOT	+0.0096%	1h	1.1731	−0.009%	$250K	$662K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1718	−0.119%	$5.2M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1722	−0.082%	$835K	$594K	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOTUSDT	+0.0100%	8h	1.1712	−0.169%	$42.9M	$85.6M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1707	−0.213%	$23.9M	$19.0M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1716	−0.136%	$9.2M	$24.3M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1720	−0.102%	$6.6M	$12.0M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1724	−0.068%	$27.4M	$57.0M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1724	−0.068%	$6.3M	$9.2M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1713	−0.162%	$22.3M	$14.6M	75x	as long as short
BingX DOT-USDTshort	+0.0100%	8h	1.1718	−0.119%	—	$29.7M	—
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1718	−0.119%	$90K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1725	−0.062%	$534K	$52K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1749	+0.142%	$34K	$334K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1759	+0.229%	$233K	$432K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1730	−0.017%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1749	+0.145%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1740	+0.068%	$261K	$266K	75x	as long as short
Phemex DOTUSDT	+0.0100%	8h	1.1740	+0.068%	$2.4M	$2.2M	50x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1725	−0.064%	$15K	$246K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1729	−0.026%	$2.2M	$884K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0301% / S −0.1012%	1h	1.1732	−0.001%	$22K	—	100x	as long as short