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+0.0311%/8h= +34.1% APRpaid last 24h −0.030%
Price spread now: Kraken Futures against HTX−0.051%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$9 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.051%, 7d avg +0.071%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.122% cheaper against HTX than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.071%). If the spread goes back, that is −$12 on $10k: about 31 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX DOT-USDT1.19210.0100pay 0.0100% / 8h5h 08m$259K$242K75x
ShortKraken Futures PF_DOTUSD1.19150.0411get 0.0051% / 1h8m 52s$4.4M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$65.37
Price spread: −0.051% → +0.071%
−$12.23
Slippage, 4 orders
−$58.62
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$27.48
Costs to cover
0.806%
Break-even
9.9 days
Slippage from HTX: live order book, 53 min ago; Kraken Futures: live order book, 5 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 HTX live order book, 53 min ago18.31 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago2.93 bp14.3 bp −$1431.7 bp −$317119.7 bp −$12.0Kdoesn'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-PERPETUAL−0.2177%1h1.1919−0.017%$227K$115K50xas long as short
Coinbase International DOT-PERP-INTX−0.0376%1h1.1930+0.075%$196K$2.0M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1909−0.103%$258as long as short
dYdX DOT-USD0.0000%1h1.1913−0.067%$143K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1916−0.042%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.830%$328$121K12xas long as short
Lighter DOT+0.0096%1h1.1915−0.054%$270K$632K10xas long as short
Hyperliquid DOT+0.0100%1h1.1909−0.101%$5.3M$3.5M10xas long as short
Aster DOTUSDT+0.0100%8h1.1928+0.062%$861K$709K50xas long as short
Binance DOTUSDT+0.0100%8h1.1905−0.134%$43.7M$85.3M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOTUSDT+0.0100%8h1.1903−0.151%$24.5M$19.1M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1900−0.176%$9.3M$24.1M50xas long as short
Gate DOT_USDT+0.0100%8h1.1910−0.092%$6.7M$11.9M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1908−0.109%$33.6M$50.2M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1910−0.092%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1900−0.176%$22.7M$14.9M75xas long as short
BingX DOT-USDC+0.0100%8h1.1902−0.159%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1910−0.092%$93K$131K10xas long as short
Variational Omni DOT+0.0100%8h1.1929+0.069%$542K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.1932+0.090%$35K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1937+0.135%$227K$416K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1910−0.092%$8K$24K10xas long as short
SunX DOT-USDT+0.0100%8h1.1931+0.084%$2K$1.3M20xas long as short
HTX DOT-USDTlong+0.0100%8h1.1921long leg$259K$242K75x
Extended DOT-USD+0.0104%1h1.1901−0.165%$14K$305K25xas long as short
BloFin DOT-USDT+0.0220%8h1.1917−0.034%$2.2M$870K75xas long as short
Phemex DOTUSDT+0.0256%8h1.1930+0.075%$2.3M$2.2M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1919−0.021%$22K100xas long as short
Kraken Futures PF_DOTUSDshort+0.0411%1h1.1915−0.051%$4.4M$1.5M50x