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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.150%
Price spread now: Deribit against HTX−0.059%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.917%−$92 on $10k
Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.059%, 7d avg +0.082%
Together, before fees−0.790%−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.141% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOT-USDT1.19590.0100pay 0.0100% / 8h7h 46m$247K$216K75x
ShortDeribit DOT_USDC-PERPETUAL1.1952−0.0001pay 0.0000% / 1h46m 56s$218K$116K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against HTX. 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
−$21.21
Price spread: −0.059% → +0.082%
−$14.08
Slippage, 4 orders
−$59.96
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$114.25
Costs to cover
0.790%
Break-even
never at this rate
Slippage from HTX: live order book, 25 min ago; Deribit: live order book, 27 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 HTX live order book, 25 min ago9.98 bp27.0 bp −$27451.4 bp −$4,514doesn't fitdoesn't fit
Sell Deribit live order book, 27 min ago5.39 bp14.7 bp −$1525.1 bp −$251doesn't fitdoesn'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%1h1.1944−0.128%$258as long as short
Coinbase International DOT-PERP-INTX−0.0048%1h1.1960+0.008%$205K$1.8M50xas long as short
Deribit DOT_USDC-PERPETUALshort−0.0001%1h1.1952−0.059%$218K$116K50x
dYdX DOT-USD0.0000%1h1.1957−0.016%$144K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1954−0.038%$5K150xas long as short
OKX DOT-USDT-SWAP+0.0015%8h1.1942−0.142%$9.5M$23.9M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.510%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0049%8h1.1947−0.100%$6.6M$9.0M75xas long as short
Backpack DOT_USDC_PERP+0.0071%1h1.1946−0.109%$95K$129K10xas long as short
Variational Omni DOT+0.0091%8h1.1954−0.045%$545K$61Kas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DOT+0.0096%1h1.1946−0.110%$243K$600K10xas long as short
Hyperliquid DOT+0.0100%1h1.1950−0.075%$5.4M$3.5M10xas long as short
Aster DOTUSDT+0.0100%8h1.1960+0.008%$871K$691K50xas long as short
Binance DOTUSDT+0.0100%8h1.1946−0.109%$43.9M$83.6M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1944−0.125%$24.6M$18.7M75xas long as short
Gate DOT_USDT+0.0100%8h1.1940−0.159%$6.7M$11.5M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1948−0.092%$35.0M$41.7M300xas long as short
Bitget DOTUSDT+0.0100%8h1.1942−0.142%$22.9M$14.7M75xas long as short
BingX DOT-USDT+0.0100%8h1.1947−0.100%$30.1Mas long as short
edgeX DOTUSDC+0.0100%4h1.1962+0.025%$35K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1961+0.019%$231K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1960+0.008%$8K$23K10xas long as short
SunX DOT-USDT+0.0100%8h1.1958−0.008%$2K$1.3M20xas long as short
HTX DOT-USDTlong+0.0100%8h1.1959long leg$247K$216K75x
Extended DOT-USD+0.0104%1h1.1944−0.129%$14K$251K25xas long as short
Kraken Futures PF_DOTUSD+0.0117%1h1.1952−0.062%$4.4M$1.4M50xas long as short
BloFin DOT-USDT+0.0220%8h1.1949−0.084%$2.2M$790K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0301% / S −0.1012%1h1.1954−0.044%$22K100xas long as short
Phemex DOTUSDT+0.0827%8h1.1970+0.092%$2.3M$2.1M50xas long as short