Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h +0.034%

Price spread now: edgeX against Kraken Futures−0.233%76s7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.522% of the position

Long on Kraken Futures Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 3 days (all we have)+0.267%+$27 · spread now −0.233%, 7d avg −0.081%

Together, before fees+0.370%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.152% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you. The two prices were read 76 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	Kraken Futures PF_DOTUSD	1.1997	0.0117	pay 0.0015% / 1h	40m 19s	$4.5M	$1.4M	50x
Short	edgeX DOTUSDC	1.1969	0.0100	get 0.0050% / 4h	3h 40m	$35K	$332K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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 Kraken FuturesbpFee edgeXbpOrdersPrice spread, now −0.233%Rate

Funding earned: −$3.5
Price spread: −0.233% → −0.081%: −$15.2
Slippage, 4 orders: −$33.19
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$70.89
Costs to cover: 0.522%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 33 min ago.

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 Kraken Futures live order book, 4 min ago	2.51 bp	16.8 bp −$17	25.8 bp −$258	123.7 bp −$12.4K	doesn't fit
Sell edgeX live order book, 33 min ago	5.82 bp	10.3 bp −$10	13.2 bp −$132	doesn't fit	doesn't fit

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
Reya DOTRUSDPERP	−0.0166%	1h	1.1974	−0.192%	$259	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0048%	1h	1.2000	+0.027%	$206K	$1.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.1981	−0.130%	$144K	$6K	10x	as long as short
Deribit DOT_USDC-PERPETUAL	0.0000%	1h	1.1996	−0.006%	$219K	$116K	50x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1986	−0.093%	$5K	—	150x	as long as short
OKX DOT-USDT-SWAP	+0.0015%	8h	1.1982	−0.123%	$9.4M	$24.0M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.194%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0052%	8h	1.1981	−0.131%	$6.6M	$9.0M	75x	as long as short
Variational Omni DOT	+0.0095%	8h	1.1970	−0.226%	$546K	$61K	—	as long as short
Lighter DOT	+0.0096%	1h	1.1982	−0.124%	$243K	$601K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOT	+0.0100%	1h	1.1979	−0.148%	$5.4M	$3.5M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1987	−0.077%	$873K	$693K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1984	−0.106%	$44.1M	$83.3M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1982	−0.123%	$24.7M	$18.7M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1980	−0.139%	$6.7M	$11.5M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1987	−0.081%	$36.0M	$42.1M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1980	−0.139%	$22.9M	$14.7M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1981	−0.131%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1987	−0.081%	$96K	$129K	10x	as long as short
edgeX DOTUSDCshort	+0.0100%	4h	1.1969	−0.233%	$35K	$332K	20x
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1975	−0.178%	$232K	$450K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1980	−0.139%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2005	+0.069%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1975	−0.181%	$247K	$217K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1981	−0.129%	$19K	$291K	25x	as long as short
Kraken Futures PF_DOTUSDlong	+0.0117%	1h	1.1997	long leg	$4.5M	$1.4M	50x
BloFin DOT-USDT	+0.0220%	8h	1.1980	−0.139%	$2.2M	$791K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0302% / S −0.1012%	1h	1.1983	−0.114%	$22K	—	100x	as long as short
Phemex DOTUSDT	+0.0549%	8h	1.2000	+0.027%	$2.3M	$2.1M	50x	as long as short