Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0912%/8h= +99.8% APRpaid last 24h +0.296%

Price spread now: GMX against edgeX−0.041%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on GMX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.041% cheaper against edgeX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$27 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DOTUSDC	1.1979	0.0100	pay 0.0050% / 4h	3h 35m	$35K	$333K	20x
Short	GMX DOT/USD [WBTC.b-USDC]	1.1974	L +0.0302% / S −0.1012%	get 0.0126% / 1h	35m 23s	$22K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee edgeXbpFee GMXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $191.42
Price spread: −0.041% → 0.000%: −$4.05
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $166.37
Costs to cover: 0.210%
Break-even: 0.9 days

Slippage unknown: edgeX: live order book, 38 min ago; GMX: 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 edgeX live order book, 38 min ago	5.82 bp	10.3 bp −$10	14.5 bp −$145	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	1.1962	−0.143%	$259	—	—	as long as short
Coinbase International DOT-PERP-INTX	−0.0048%	1h	1.1970	−0.076%	$205K	$1.8M	50x	as long as short
dYdX DOT-USD	0.0000%	1h	1.1975	−0.033%	$144K	$6K	10x	as long as short
Deribit DOT_USDC-PERPETUAL	0.0000%	1h	1.1982	+0.025%	$219K	$116K	50x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1975	−0.034%	$5K	—	150x	as long as short
OKX DOT-USDT-SWAP	+0.0010%	8h	1.1969	−0.084%	$9.4M	$23.9M	50x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.342%	$328	$121K	12x	as long as short
KuCoin DOTUSDTM	+0.0055%	8h	1.1970	−0.076%	$6.6M	$9.0M	75x	as long as short
Lighter DOT	+0.0096%	1h	1.1971	−0.067%	$243K	$601K	10x	as long as short
Variational Omni DOT	+0.0097%	8h	1.1962	−0.145%	$544K	$61K	—	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	1.1969	−0.084%	$5.4M	$3.4M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1980	+0.008%	$872K	$693K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1972	−0.059%	$44.1M	$83.1M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1966	−0.109%	$24.7M	$18.7M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1970	−0.076%	$6.7M	$11.5M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1974	−0.042%	$36.2M	$42.3M	300x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1965	−0.117%	$22.9M	$14.6M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1967	−0.101%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1968	−0.092%	$96K	$129K	10x	as long as short
edgeX DOTUSDClong	+0.0100%	4h	1.1979	long leg	$35K	$333K	20x
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1979	0.000%	$232K	$450K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1970	−0.076%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1985	+0.050%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1968	−0.092%	$247K	$214K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1965	−0.117%	$15K	$314K	25x	as long as short
Kraken Futures PF_DOTUSD	+0.0117%	1h	1.1981	+0.012%	$4.5M	$1.4M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1984	+0.041%	$2.2M	$787K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]short	L +0.0302% / S −0.1012%	1h	1.1974	−0.041%	$22K	—	100x
Phemex DOTUSDT	+0.0571%	8h	1.1990	+0.091%	$2.3M	$2.1M	50x	as long as short