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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Backpack against Variational Omni−0.230%7-day average +0.038% · you buy dearer than you sell
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)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.230%, 7d avg +0.038%
Together, before fees+0.075%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.268% cheaper against Variational Omni than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DOT1.18740.0100pay 0.0100% / 8h4h 06m$541K$58K
ShortBackpack DOT_USDC_PERP1.18470.0100get 0.0013% / 1h6m 57s$92K$130K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Variational Omni. 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: −0.230% → +0.038%
−$26.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$36.79
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Backpack: live order book, 51 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 Variational Omni RFQ quote, 52 min ago3.16 bpdoesn't fit18.9 bp −$189doesn't fitdoesn't fit
Sell Backpack live order book, 51 min ago0.42 bp5.9 bp −$6156.9 bp −$1,569doesn'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
Deribit DOT_USDC-PERPETUAL−0.1854%1h1.1856−0.154%$225K$121K50xas long as short
Coinbase International DOT-PERP-INTX−0.0608%1h1.1860−0.120%$195K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1844−0.259%$256as long as short
dYdX DOT-USD0.0000%1h1.1858−0.139%$143K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1850−0.205%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+1.227%$328$121K12xas long as short
Lighter DOT+0.0096%1h1.1854−0.173%$268K$636K10xas long as short
Hyperliquid DOT+0.0100%1h1.1852−0.185%$5.3M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.1857−0.142%$857K$597K50xas long as short
Binance DOTUSDT+0.0100%8h1.1848−0.225%$43.6M$85.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOTUSDT+0.0100%8h1.1842−0.272%$24.3M$18.9M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1839−0.297%$9.4M$24.3M50xas long as short
Gate DOT_USDT+0.0100%8h1.1850−0.205%$6.6M$11.9M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1848−0.222%$29.9M$53.5M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1852−0.188%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1840−0.289%$22.6M$14.7M75xas long as short
BingX DOT-USDC+0.0100%8h1.1846−0.238%$1.3Mas long as short
Backpack DOT_USDC_PERPshort+0.0100%1h1.1847−0.230%$92K$130K10x
Variational Omni DOTlong+0.0100%8h1.1874long leg$541K$58K
edgeX DOTUSDC+0.0100%4h1.1872−0.019%$35K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1870−0.036%$236K$407K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1840−0.289%$8K$22K10xas long as short
SunX DOT-USDT+0.0100%8h1.1871−0.028%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1864−0.087%$258K$242K75xas long as short
Extended DOT-USD+0.0104%1h1.1835−0.334%$14K$310K25xas long as short
Phemex DOTUSDT+0.0138%8h1.1860−0.120%$2.3M$2.2M50xas long as short
Kraken Futures PF_DOTUSD+0.0214%1h1.1856−0.155%$4.4M$1.4M50xas long as short
BloFin DOT-USDT+0.0220%8h1.1846−0.238%$2.2M$899K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1851−0.194%$22K100xas long as short