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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%
Price spread now: Coinbase International against Reya+0.210%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.210% dearer against Reya than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOTRUSDPERP1.1785−0.0166get 0.0021% / 1h46m 26s$255
ShortCoinbase International DOT-PERP-INTX1.1810−0.0064pay 0.0008% / 1h46m 26s$189K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$21.48
Price spread: +0.210% → 0.000%
$20.99
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$26.47
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Coinbase International live order book, 2 min ago8.47 bp13.5 bp −$1317.0 bp −$170doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit DOT_USDC-PERPETUAL−0.1186%1h1.1818+0.278%$216K$118K50xas long as short
Reya DOTRUSDPERPlong−0.0166%1h1.1785long leg$255
Kraken Futures PF_DOTUSD−0.0130%1h1.1814+0.248%$4.4M$1.3M50xas long as short
Injective DOT/USDC PERP−0.0080%1h1.1820+0.295%$323$83K12xas long as short
Coinbase International DOT-PERP-INTXshort−0.0064%1h1.1810+0.210%$189K$1.8M50x
OKX DOT-USDT-SWAP−0.0043%8h1.1785−0.002%$9.2M$22.7M50xas long as short
dYdX DOT-USD0.0000%1h1.1800+0.125%$142K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1796+0.093%$3K150xas long as short
Backpack DOT_USDC_PERP+0.0010%1h1.1806+0.176%$94K$120K10xas long as short
KuCoin DOTUSDTM+0.0041%8h1.1787+0.015%$6.7M$8.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0091%8h1.1787+0.015%$43.6M$79.7M75xas long as short
MEXC DOT_USDT+0.0092%8h1.1787+0.015%$31.5M$33.9M300xas long as short
Lighter DOT+0.0096%1h1.1791+0.050%$258K$563K10xas long as short
Extended DOT-USD+0.0096%1h1.1784−0.009%$15K$240K25xas long as short
Hyperliquid DOT+0.0100%1h1.1795+0.083%$5.2M$3.1M10xas long as short
Aster DOTUSDT+0.0100%8h1.1800+0.125%$884K$647K50xas long as short
Bybit DOTUSDT+0.0100%8h1.1784−0.011%$24.2M$17.6M75xas long as short
Gate DOT_USDT+0.0100%8h1.1790+0.040%$6.8M$11.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1790+0.040%$22.7M$13.4M75xas long as short
BingX DOT-USDC+0.0100%8h1.1788+0.023%$1.3Mas long as short
Variational Omni DOT+0.0100%8h1.1808+0.189%$539K$91Kas long as short
edgeX DOTUSDC+0.0100%4h1.1816+0.265%$34K$332K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1810+0.211%$229K$478K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1790+0.040%$8K$27K10xas long as short
SunX DOT-USDT+0.0100%8h1.1831+0.388%$2K$1.2M20xas long as short
HTX DOT-USDT+0.0100%8h1.1812+0.227%$245K$206K75xas long as short
BloFin DOT-USDT+0.0213%8h1.1800+0.125%$2.3M$748K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0300% / S −0.1014%1h1.1795+0.080%$22K100xas long as short
Phemex DOTUSDT+0.0412%8h1.1820+0.295%$2.1M$2.1M50xas long as short