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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against SunX−0.128%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1501.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.128%, 7d avg −0.073%
Together, before fees−0.058%−$6 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 Kraken Futures is 0.054% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOT-USDT1.19440.0100pay 0.0100% / 8h3h 31m$2K$1.3M20x
ShortKraken Futures PF_DOTUSD1.19290.0057get 0.0007% / 1h31m 59s$4.4M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$9.03
Price spread: −0.128% → −0.073%
−$5.42
Slippage, 4 orders
−$132.01
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$164.46
Costs to cover
1.500%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; Kraken Futures: live order book, 2 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, 2 min ago30.18 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago2.94 bp13.7 bp −$1421.7 bp −$217131.0 bp −$13.1Kdoesn'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
Deribit DOT_USDC-PERPETUAL−0.2258%1h1.1934−0.084%$229K$123K50xas long as short
Coinbase International DOT-PERP-INTX−0.0432%1h1.1920−0.201%$196K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1920−0.202%$258as long as short
dYdX DOT-USD0.0000%1h1.1926−0.152%$144K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1928−0.134%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.636%$328$121K12xas long as short
Kraken Futures PF_DOTUSDshort+0.0057%1h1.1929−0.128%$4.4M$1.4M50x
Lighter DOT+0.0096%1h1.1927−0.141%$262K$636K10xas long as short
Hyperliquid DOT+0.0100%1h1.1925−0.159%$5.4M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.1924−0.166%$850K$593K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1923−0.176%$43.9M$84.9M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1923−0.176%$24.4M$18.8M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1924−0.167%$9.5M$24.4M50xas long as short
Gate DOT_USDT+0.0100%8h1.1920−0.201%$6.7M$11.9M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1922−0.184%$33.6M$54.8M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1922−0.184%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1920−0.201%$22.8M$14.5M75xas long as short
BingX DOT-USDC+0.0100%8h1.1920−0.201%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1922−0.184%$93K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1924−0.164%$543K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.1937−0.056%$35K$336K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1940−0.033%$227K$420K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1920−0.201%$8K$19K10xas long as short
SunX DOT-USDTlong+0.0100%8h1.1944long leg$2K$1.3M20x
HTX DOT-USDT+0.0100%8h1.1918−0.218%$263K$261K75xas long as short
Extended DOT-USD+0.0104%1h1.1922−0.180%$17K$310K25xas long as short
Phemex DOTUSDT+0.0118%8h1.1940−0.033%$2.4M$2.2M50xas long as short
BloFin DOT-USDT+0.0220%8h1.1914−0.251%$2.2M$886K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1929−0.127%$22K100xas long as short