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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0379%/8h= +41.5% APRnext payment +$0.47 per $10,000 · paid last 24h +0.057%
Price spread now: Kraken Futures against Reya+0.333%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 +$11 a day on $10k at the current rate, and Kraken Futures is 0.333% dearer against Reya than usual: you sell high and buy low: +$33 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 DOTRUSDPERP1.1881−0.0166get 0.0021% / 1h26m 22s$257
ShortKraken Futures PF_DOTUSD1.19210.0213get 0.0027% / 1h26m 22s$4.4M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$79.55
Price spread: +0.333% → 0.000%
$33.32
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$96.88
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago5.88 bp13.8 bp −$1424.1 bp −$241156.2 bp −$15.6Kdoesn'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−0.1592%1h1.1919+0.320%$229K$116K50xas long as short
Coinbase International DOT-PERP-INTX−0.0608%1h1.1910+0.244%$196K$1.9M50xas long as short
Reya DOTRUSDPERPlong−0.0166%1h1.1881long leg$257
dYdX DOT-USD0.0000%1h1.1903+0.185%$143K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1892+0.093%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+1.170%$328$121K12xas long as short
OKX DOT-USDT-SWAP+0.0096%8h1.1892+0.093%$9.4M$24.4M50xas long as short
Lighter DOT+0.0096%1h1.1899+0.154%$269K$634K10xas long as short
Hyperliquid DOT+0.0100%1h1.1887+0.050%$5.3M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.1891+0.087%$858K$580K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1893+0.104%$43.8M$85.3M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1889+0.067%$24.4M$18.9M75xas long as short
Gate DOT_USDT+0.0100%8h1.1890+0.076%$6.6M$11.9M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1886+0.042%$27.5M$52.5M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1890+0.076%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1880−0.008%$22.7M$14.7M75xas long as short
BingX DOT-USDT+0.0100%8h1.1887+0.050%$29.7Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1913+0.269%$93K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1868−0.106%$540K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.1863−0.150%$35K$336K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1867−0.115%$236K$420K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1890+0.076%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.1933+0.438%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1905+0.202%$259K$242K75xas long as short
Extended DOT-USD+0.0104%1h1.18810.000%$17K$304K25xas long as short
Phemex DOTUSDT+0.0143%8h1.1930+0.412%$2.4M$2.2M50xas long as short
Kraken Futures PF_DOTUSDshort+0.0213%1h1.1921+0.333%$4.4M$1.5M50x
BloFin DOT-USDT+0.0220%8h1.1900+0.160%$2.2M$902K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1889+0.068%$22K100xas long as short