Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: HTX against gTrade (Gains Network)+0.030%69s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on HTX

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.030% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 69 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	1.1611	L 0.0000% / S +0.0004%	pay 0.0000% / 1h	34m 35s	$3K	—	150x
Short	HTX DOT-USDT	1.1615	0.0100	get 0.0100% / 8h	1h 34m	$261K	$279K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $20.9
Price spread: +0.030% → 0.000%: $3.01
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $1.92
Costs to cover: 0.220%
Break-even: 6.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 7 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 HTX live order book, 7 min ago	20.14 bp	27.0 bp −$27	198.4 bp −$1,984	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	−0.4033%	1h	1.1623	+0.099%	$242K	$149K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0440%	1h	1.1610	−0.013%	$169K	$2.0M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1612	+0.006%	$251	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1613	+0.012%	$140K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDlong	L 0.0000% / S +0.0004%	1h	1.1611	long leg	$3K	—	150x
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+3.518%	$328	$121K	12x	as long as short
Lighter DOT	+0.0096%	1h	1.1615	+0.034%	$245K	$677K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1612	+0.009%	$5.5M	$4.6M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1623	+0.097%	$837K	$607K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1611	−0.001%	$42.3M	$88.6M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOTUSDT	+0.0100%	8h	1.1607	−0.039%	$23.5M	$20.2M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1607	−0.039%	$9.0M	$25.3M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1610	−0.013%	$6.6M	$12.8M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1617	+0.047%	$33.1M	$60.8M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1618	+0.056%	$6.2M	$9.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1615	+0.030%	$22.2M	$14.8M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1610	−0.013%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1613	+0.013%	$90K	$131K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1611	0.000%	$529K	$51K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1633	+0.186%	$34K	$336K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1639	+0.240%	$230K	$433K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1610	−0.013%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1631	+0.168%	$2K	$1.3M	20x	as long as short
HTX DOT-USDTshort	+0.0100%	8h	1.1615	+0.030%	$261K	$279K	75x
Extended DOT-USD	+0.0104%	1h	1.1608	−0.034%	$13K	$244K	25x	as long as short
Phemex DOTUSDT	+0.0169%	8h	1.1630	+0.159%	$2.3M	$2.2M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1607	−0.039%	$2.1M	$890K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0290% / S −0.0937%	1h	1.1615	+0.029%	$20K	—	100x	as long as short
Kraken Futures PF_DOTUSD	+0.0329%	1h	1.1621	+0.080%	$4.3M	$1.4M	50x	as long as short