Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.027%

Price spread now: gTrade (Gains Network) against Bybit+0.168%7-day average — · you sell dearer than you buy

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

Long on Bybit 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 0.168% dearer against Bybit than usual: you sell high and buy low (spread +0.168% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DOTUSDT	1.2108	0.0100	pay 0.0100% / 8h	22m 14s	$24.9M	$18.6M	75x
Short	gTrade (Gains Network) DOT/USD	1.2128	L 0.0000% / S +0.0004%	pay 0.0001% / 1h	22m 14s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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 BybitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.168%Rate

Funding earned: −$21.85
Price spread: +0.168% → 0.000%: $16.77
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$26.08
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.41 bp	10.4 bp −$10	23.1 bp −$231	77.7 bp −$7,769	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
Deribit DOT_USDC-PERPETUAL	−0.0903%	1h	1.2127	+0.157%	$222K	$117K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.2122	+0.118%	$262	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0056%	1h	1.2130	+0.182%	$208K	$1.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.2108	+0.004%	$146K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDshort	L 0.0000% / S +0.0004%	1h	1.2128	+0.168%	$5K	—	150x
OKX DOT-USDT-SWAP	+0.0017%	8h	1.2116	+0.066%	$9.6M	$24.3M	50x	as long as short
Kraken Futures PF_DOTUSD	+0.0032%	1h	1.2127	+0.159%	$4.5M	$1.4M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	−0.727%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0056%	8h	1.2120	+0.099%	$6.7M	$8.9M	75x	as long as short
Lighter DOT	+0.0096%	1h	1.2118	+0.083%	$247K	$605K	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	1.2133	+0.206%	$5.4M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.2115	+0.061%	$882K	$691K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.2115	+0.058%	$44.9M	$82.9M	75x	as long as short
Bybit DOTUSDTlong	+0.0100%	8h	1.2108	long leg	$24.9M	$18.6M	75x
Gate DOT_USDT	+0.0100%	8h	1.2120	+0.099%	$6.8M	$11.8M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.2113	+0.041%	$32.8M	$40.3M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.2115	+0.058%	$23.2M	$14.7M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.2114	+0.050%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.2124	+0.132%	$97K	$132K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.2118	+0.083%	$551K	$61K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.2091	−0.144%	$35K	$333K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.2116	+0.067%	$235K	$457K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.2130	+0.182%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.2139	+0.256%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.2128	+0.165%	$250K	$220K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.2111	+0.021%	$15K	$235K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.2087	−0.173%	$2.3M	$787K	75x	as long as short
Phemex DOTUSDT	+0.0297%	8h	1.2140	+0.264%	$2.3M	$2.1M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0303% / S −0.1012%	1h	1.2129	+0.176%	$23K	—	100x	as long as short