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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Backpack against SunX−0.107%49s7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1361.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$7 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.107%, 7d avg −0.108%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOT-USDT1.21120.0100pay 0.0100% / 8h1h 03m$2K$1.3M20x
ShortBackpack DOT_USDC_PERP1.20990.0100get 0.0013% / 1h3m 16s$97K$129K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against SunX. 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
$0
Price spread: −0.107% → −0.108%
$0.07
Slippage, 4 orders
−$118.23
Fee SunX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$136.16
Costs to cover
1.362%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Backpack: live order book, 15 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 SunX live order book, 10 min ago29.79 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 15 min ago0.41 bp6.5 bp −$6doesn't fitdoesn'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%1h1.2083−0.243%$261as long as short
Coinbase International DOT-PERP-INTX−0.0128%1h1.2100−0.099%$209K$1.9M50xas long as short
Kraken Futures PF_DOTUSD−0.0053%1h1.2097−0.124%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP−0.0040%1h1.2020−0.760%$328$121K12xas long as short
OKX DOT-USDT-SWAP−0.0010%8h1.2082−0.248%$9.6M$23.9M50xas long as short
dYdX DOT-USD0.0000%1h1.2106−0.047%$146K$6K10xas long as short
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2094−0.149%$221K$117K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2090−0.183%$5K150xas long as short
KuCoin DOTUSDTM+0.0044%8h1.2089−0.190%$6.8M$8.7M75xas long as short
Lighter DOT+0.0096%1h1.2098−0.113%$247K$602K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.2093−0.157%$5.4M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.2095−0.137%$878K$689K50xas long as short
Binance DOTUSDT+0.0100%8h1.2085−0.224%$44.7M$81.6M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2079−0.272%$24.8M$18.4M75xas long as short
Gate DOT_USDT+0.0100%8h1.2090−0.182%$6.9M$11.7M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2087−0.206%$29.7M$38.3M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2090−0.182%$23.3M$14.7M75xas long as short
BingX DOT-USDT+0.0100%8h1.2084−0.231%$28.5Mas long as short
Backpack DOT_USDC_PERPshort+0.0100%1h1.2099−0.107%$97K$129K10x
Variational Omni DOT+0.0100%8h1.2065−0.389%$549K$61Kas long as short
edgeX DOTUSDC+0.0100%4h1.2092−0.162%$35K$333K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2094−0.149%$234K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2090−0.182%$8K$24K10xas long as short
SunX DOT-USDTlong+0.0100%8h1.2112long leg$2K$1.3M20x
HTX DOT-USDT+0.0100%8h1.2106−0.050%$250K$219K75xas long as short
Extended DOT-USD+0.0104%1h1.2081−0.255%$15K$235K25xas long as short
BloFin DOT-USDT+0.0220%8h1.2082−0.248%$2.3M$780K75xas long as short
Phemex DOTUSDT+0.0301%8h1.2100−0.099%$2.2M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0305% / S −0.1025%1h1.2089−0.190%$23K100xas long as short