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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.083%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.083%, 7d avg −0.026%
Together, before fees+0.136%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.056% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOT1.20960.0100pay 0.0013% / 1h11m 12s$5.3M$3.3M10x
ShortBingX DOT-USDC1.20860.0100get 0.0100% / 8h1h 11m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
$0
Price spread: −0.083% → −0.026%
−$5.63
Slippage, 4 orders
−$162.06
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$186.69
Costs to cover
1.811%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; BingX: live order book, 10 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 Hyperliquid live order book, 11 min ago1.65 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago2.90 bp69.3 bp −$69210.5 bp −$2,105525.4 bp −$52.5K1099.8 bp −$549.9K

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
Reya DOTRUSDPERP−0.0166%1h1.2083−0.106%$261as long as short
Coinbase International DOT-PERP-INTX−0.0128%1h1.2090−0.050%$209K$1.9M50xas long as short
Kraken Futures PF_DOTUSD−0.0053%1h1.2096+0.001%$4.5M$1.4M50xas long as short
Injective DOT/USDC PERP−0.0040%1h1.2020−0.628%$328$121K12xas long as short
OKX DOT-USDT-SWAP−0.0012%8h1.2083−0.107%$9.6M$23.9M50xas long as short
dYdX DOT-USD0.0000%1h1.2098+0.019%$146K$6K10xas long as short
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2095−0.008%$221K$117K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2094−0.019%$5K150xas long as short
KuCoin DOTUSDTM+0.0036%8h1.2089−0.058%$6.8M$8.7M75xas long as short
Lighter DOT+0.0096%1h1.2088−0.064%$247K$602K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOTlong+0.0100%1h1.2096long leg$5.3M$3.3M10x
Aster DOTUSDT+0.0100%8h1.2085−0.088%$877K$683K50xas long as short
Binance DOTUSDT+0.0100%8h1.2089−0.061%$44.7M$81.5M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2081−0.124%$24.8M$18.3M75xas long as short
Gate DOT_USDT+0.0100%8h1.2090−0.050%$6.9M$11.6M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2088−0.066%$29.2M$38.0M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2090−0.050%$23.3M$14.5M75xas long as short
BingX DOT-USDCshort+0.0100%8h1.2086−0.083%$1.3M
Backpack DOT_USDC_PERP+0.0100%1h1.2085−0.091%$96K$129K10xas long as short
Variational Omni DOT+0.0100%8h1.2042−0.446%$548K$63Kas long as short
edgeX DOTUSDC+0.0100%4h1.2051−0.370%$35K$331K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2056−0.327%$233K$456K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2090−0.050%$8K$25K10xas long as short
SunX DOT-USDT+0.0100%8h1.2102+0.050%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.2092−0.033%$249K$219K75xas long as short
Extended DOT-USD+0.0104%1h1.2081−0.128%$15K$235K25xas long as short
BloFin DOT-USDT+0.0220%8h1.2082−0.116%$2.3M$780K75xas long as short
Phemex DOTUSDT+0.0302%8h1.2110+0.116%$2.2M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0305% / S −0.1025%1h1.2092−0.033%$23K100xas long as short