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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1250%/8h= −136.9% APRpaid last 24h −0.171%
Price spread now: Deribit against edgeX−0.150%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$480.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.917%−$92 on $10k
Price spread, last 3 days (all we have)+0.121%+$12 · spread now −0.150%, 7d avg +0.095%
Together, before fees−0.796%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Deribit is 0.245% cheaper against edgeX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOTUSDC1.21480.0100pay 0.0050% / 4h42m 27s$36K$334K20x
ShortDeribit DOT_USDC-PERPETUAL1.2130−0.1150pay 0.0144% / 1h42m 27s$222K$117K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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
−$262.5
Price spread: −0.150% → +0.095%
−$24.52
Slippage, 4 orders
−$31.55
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$334.58
Costs to cover
0.476%
Break-even
never at this rate
Slippage from edgeX: live order book, 36 min ago; Deribit: live order book, 36 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 edgeX live order book, 36 min ago5.80 bp10.5 bp −$1014.5 bp −$145doesn't fitdoesn't fit
Sell Deribit live order book, 36 min ago3.72 bp13.8 bp −$1423.9 bp −$239doesn'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-PERPETUALshort−0.1150%1h1.2130−0.150%$222K$117K50x
Reya DOTRUSDPERP−0.0166%1h1.2095−0.434%$262as long as short
Coinbase International DOT-PERP-INTX−0.0056%1h1.2130−0.150%$208K$1.8M50xas long as short
dYdX DOT-USD0.0000%1h1.2124−0.196%$146K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2106−0.347%$5K150xas long as short
OKX DOT-USDT-SWAP+0.0007%8h1.2098−0.413%$9.6M$24.2M50xas long as short
Kraken Futures PF_DOTUSD+0.0032%1h1.2131−0.141%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020−1.055%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0045%8h1.2099−0.405%$6.7M$8.8M75xas long as short
Lighter DOT+0.0096%1h1.2114−0.282%$247K$603K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.2109−0.323%$5.4M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.2125−0.191%$883K$689K50xas long as short
Binance DOTUSDT+0.0100%8h1.2101−0.390%$44.8M$82.5M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2093−0.454%$24.9M$18.5M75xas long as short
Gate DOT_USDT+0.0100%8h1.2110−0.314%$6.8M$11.7M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2100−0.397%$31.1M$39.4M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2095−0.438%$23.1M$14.8M75xas long as short
BingX DOT-USDC+0.0100%8h1.2100−0.397%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2126−0.183%$97K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.2141−0.059%$553K$61Kas long as short
edgeX DOTUSDClong+0.0100%4h1.2148long leg$36K$334K20x
GRVT DOT_USDT_Perp+0.0100%8h1.2149+0.008%$235K$457K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2130−0.150%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.2137−0.092%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2131−0.142%$250K$220K75xas long as short
Extended DOT-USD+0.0104%1h1.2104−0.363%$15K$235K25xas long as short
BloFin DOT-USDT+0.0220%8h1.2120−0.232%$2.3M$789K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1012%1h1.2103−0.369%$22K100xas long as short
Phemex DOTUSDT+0.0314%8h1.2140−0.068%$2.3M$2.1M50xas long as short