Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: edgeX against gTrade (Gains Network)−0.226%68s7-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 edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.226% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.226% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 7.6 days of funding at the current rate (+$3 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOT/USD	1.1890	L 0.0000% / S +0.0004%	pay 0.0000% / 1h	27m 48s	$3K	—	150x
Short	edgeX DOTUSDC	1.1863	0.0100	get 0.0050% / 4h	27m 48s	$35K	$336K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.226%Rate

Funding earned: $20.9
Price spread: −0.226% → 0.000%: −$22.62
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$20.71
Costs to cover: 0.190%
Break-even: 13.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 30 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 edgeX live order book, 30 min ago	5.49 bp	10.0 bp −$10	13.7 bp −$137	doesn't fit	doesn't fit

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	−0.1848%	1h	1.1891	+0.008%	$228K	$116K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0608%	1h	1.1890	−0.001%	$196K	$1.9M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1899	+0.071%	$257	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1896	+0.050%	$143K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDlong	L 0.0000% / S +0.0004%	1h	1.1890	long leg	$3K	—	150x
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+1.093%	$328	$121K	12x	as long as short
Lighter DOT	+0.0096%	1h	1.1888	−0.019%	$269K	$634K	10x	as long as short
OKX DOT-USDT-SWAP	+0.0096%	8h	1.1907	+0.142%	$9.5M	$24.5M	50x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1909	+0.159%	$5.3M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1892	+0.015%	$858K	$580K	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	1.1903	+0.106%	$43.8M	$85.3M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1902	+0.100%	$24.4M	$19.0M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1900	+0.083%	$6.6M	$11.9M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1905	+0.125%	$27.2M	$52.4M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1904	+0.117%	$6.5M	$9.2M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1901	+0.092%	$22.7M	$14.8M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.1900	+0.083%	—	$29.7M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1883	−0.060%	$93K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1868	−0.182%	$540K	$58K	—	as long as short
edgeX DOTUSDCshort	+0.0100%	4h	1.1863	−0.226%	$35K	$336K	20x
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1867	−0.191%	$236K	$420K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1890	−0.001%	$8K	$24K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1903	+0.108%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1905	+0.125%	$259K	$242K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1897	+0.054%	$17K	$304K	25x	as long as short
Phemex DOTUSDT	+0.0149%	8h	1.1900	+0.083%	$2.3M	$2.2M	50x	as long as short
Kraken Futures PF_DOTUSD	+0.0213%	1h	1.1888	−0.018%	$4.4M	$1.5M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1919	+0.243%	$2.2M	$900K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0302% / S −0.1012%	1h	1.1891	+0.009%	$22K	—	100x	as long as short