Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.003%

Price spread now: gTrade (Gains Network) against Binance+0.075%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.075% dearer against Binance than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DOTUSDT	1.2003	0.0100	pay 0.0100% / 8h	7h 54m	$44.3M	$83.4M	75x
Short	gTrade (Gains Network) DOT/USD	1.2012	L 0.0000% / S +0.0004%	pay 0.0001% / 1h	54m 46s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.075%Rate

Funding earned: −$21.85
Price spread: +0.075% → 0.000%: $7.5
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.35
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	0.41 bp	9.6 bp −$10	16.5 bp −$165	55.5 bp −$5,555	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya DOTRUSDPERP	−0.0166%	1h	1.2003	+0.001%	$260	—	—	as long as short
Deribit DOT_USDC-PERPETUAL	−0.0166%	1h	1.2016	+0.108%	$220K	$116K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0048%	1h	1.2010	+0.058%	$206K	$1.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.2024	+0.177%	$145K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDshort	L 0.0000% / S +0.0004%	1h	1.2012	+0.075%	$5K	—	150x
OKX DOT-USDT-SWAP	+0.0012%	8h	1.2000	−0.025%	$9.5M	$24.0M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.142%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0046%	8h	1.2003	0.000%	$6.6M	$9.0M	75x	as long as short
Variational Omni DOT	+0.0092%	8h	1.2066	+0.524%	$548K	$61K	—	as long as short
Lighter DOT	+0.0096%	1h	1.2007	+0.034%	$246K	$595K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid DOT	+0.0100%	1h	1.2009	+0.050%	$5.3M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.2023	+0.166%	$876K	$691K	50x	as long as short
Binance DOTUSDTlong	+0.0100%	8h	1.2003	long leg	$44.3M	$83.4M	75x
Bybit DOTUSDT	+0.0100%	8h	1.2000	−0.025%	$24.8M	$18.7M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.2000	−0.025%	$6.8M	$11.5M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.2006	+0.025%	$34.3M	$41.2M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.2000	−0.025%	$23.0M	$14.8M	75x	as long as short
BingX DOT-USDT	+0.0100%	8h	1.2005	+0.017%	—	$28.6M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.2004	+0.008%	$96K	$130K	10x	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.2051	+0.401%	$35K	$332K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.2060	+0.475%	$233K	$457K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.2010	+0.058%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2026	+0.192%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.2049	+0.383%	$249K	$219K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1998	−0.038%	$15K	$233K	25x	as long as short
Kraken Futures PF_DOTUSD	+0.0117%	1h	1.2015	+0.101%	$4.5M	$1.4M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.2002	−0.008%	$2.2M	$782K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0302% / S −0.1012%	1h	1.2010	+0.058%	$22K	—	100x	as long as short
Phemex DOTUSDT	+0.1088%	8h	1.2030	+0.225%	$2.3M	$2.1M	50x	as long as short