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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.1421%/8h= −155.6% APRpaid last 24h −0.171%
Price spread now: Deribit against Gate+0.058%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.835%−$83 on $10k
Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.058%, 7d avg +0.072%
Together, before fees−0.842%−$84 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.835% in total (about -43.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DOT_USDT1.20700.0100pay 0.0100% / 8h6h 11m$6.8M$11.7M75x
ShortDeribit DOT_USDC-PERPETUAL1.2077−0.1321pay 0.0165% / 1h11m 51s$221K$116K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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
−$298.41
Price spread: +0.058% → +0.072%
−$1.43
Slippage, 4 orders
−$36.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$357.91
Costs to cover
0.581%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Deribit: live order book, 57 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 Gate live order book, 2 min ago4.16 bp20.5 bp −$2140.9 bp −$40977.9 bp −$7,794doesn't fit
Sell Deribit live order book, 57 min ago4.53 bp12.1 bp −$1223.9 bp −$239doesn't fitdoesn't fit

DOT on 28 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
Deribit DOT_USDC-PERPETUALshort−0.1321%1h1.2077+0.058%$221K$116K50x
Reya DOTRUSDPERP−0.0166%1h1.2059−0.087%$261as long as short
Coinbase International DOT-PERP-INTX−0.0024%1h1.2050−0.166%$198K$2.0M50xas long as short
dYdX DOT-USD0.0000%1h1.2048−0.182%$145K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2069−0.007%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020−0.414%$328$121K12xas long as short
OKX DOT-USDT-SWAP+0.0062%8h1.2058−0.099%$9.4M$24.6M50xas long as short
KuCoin DOTUSDTM+0.0092%8h1.2068−0.017%$6.5M$9.2M75xas long as short
Lighter DOT+0.0096%1h1.2068−0.017%$272K$630K10xas long as short
Hyperliquid DOT+0.0100%1h1.2068−0.017%$5.5M$3.5M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOTUSDT+0.0100%8h1.2060−0.083%$872K$705K50xas long as short
Binance DOTUSDT+0.0100%8h1.2064−0.050%$44.6M$85.3M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2060−0.083%$24.8M$19.1M75xas long as short
Gate DOT_USDTlong+0.0100%8h1.2070long leg$6.8M$11.7M75x
MEXC DOT_USDT+0.0100%8h1.2067−0.025%$26.1M$47.3M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2063−0.058%$23.0M$14.8M75xas long as short
BingX DOT-USDT+0.0100%8h1.2065−0.041%$29.8Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2064−0.050%$96K$127K10xas long as short
Variational Omni DOT+0.0100%8h1.2005−0.536%$546K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.2015−0.456%$35K$336K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2023−0.391%$231K$421K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.20700.000%$8K$23K10xas long as short
SunX DOT-USDT+0.0100%8h1.2076+0.050%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2008−0.514%$250K$224K75xas long as short
Extended DOT-USD+0.0104%1h1.2063−0.056%$14K$303K25xas long as short
Kraken Futures PF_DOTUSD+0.0194%1h1.2072+0.018%$4.5M$1.5M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0304% / S −0.1012%1h1.2068−0.021%$22K100xas long as short
Phemex DOTUSDT+0.0420%8h1.2080+0.083%$2.3M$2.2M50xas long as short