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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: dYdX against edgeX−0.430%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.430%, 7d avg +0.041%
Together, before fees−0.209%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.471% cheaper against edgeX than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOTUSDC1.20050.0100pay 0.0050% / 4h1h 56m$35K$335K20x
ShortdYdX DOT-USD1.19530get 0.0000% / 1h56m 51s$144K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.430% → +0.041%
−$47.09
Slippage, 4 orders
−$260.84
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$347.93
Costs to cover
2.798%
Break-even
never at this rate
Slippage from edgeX: live order book, 6 min ago; dYdX: live order book, 7 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, 6 min ago5.83 bp10.3 bp −$1012.5 bp −$125doesn't fitdoesn't fit
Sell dYdX live order book, 7 min ago124.58 bp129.6 bp −$130172.2 bp −$1,722186.5 bp −$18.6K610.0 bp −$305.0K

DOT on 28 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−0.2007%1h1.1938−0.555%$218K$116K50xas long as short
Coinbase International DOT-PERP-INTX−0.0376%1h1.1910−0.788%$196K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1923−0.681%$258as long as short
dYdX DOT-USDshort0.0000%1h1.1953−0.430%$144K$6K10x
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1929−0.627%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.128%$328$121K12xas long as short
OKX DOT-USDT-SWAP+0.0067%8h1.1976−0.238%$9.3M$24.2M50xas long as short
Lighter DOT+0.0096%1h1.1937−0.567%$269K$628K10xas long as short
Hyperliquid DOT+0.0100%1h1.1983−0.180%$5.4M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.1940−0.538%$864K$705K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1968−0.301%$44.2M$84.7M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1977−0.230%$24.6M$18.8M75xas long as short
Gate DOT_USDT+0.0100%8h1.1960−0.372%$6.8M$11.6M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1968−0.305%$27.8M$47.4M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1967−0.313%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1979−0.213%$22.9M$14.7M75xas long as short
BingX DOT-USDC+0.0100%8h1.1970−0.288%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1939−0.547%$95K$123K10xas long as short
Variational Omni DOT+0.0100%8h1.2004−0.002%$546K$58Kas long as short
edgeX DOTUSDClong+0.0100%4h1.2005long leg$35K$335K20x
GRVT DOT_USDT_Perp+0.0100%8h1.2000−0.038%$233K$431K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1930−0.622%$8K$23K10xas long as short
SunX DOT-USDT+0.0100%8h1.1945−0.497%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1995−0.080%$258K$236K75xas long as short
Extended DOT-USD+0.0104%1h1.1953−0.430%$14K$300K25xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1012%1h1.1931−0.616%$22K100xas long as short
Phemex DOTUSDT+0.0313%8h1.1940−0.538%$2.3M$2.2M50xas long as short
Kraken Futures PF_DOTUSD+0.0411%1h1.1937−0.566%$4.5M$1.5M50xas long as short