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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.099%
Price spread now: Extended against Phemex−0.206%7-day average −0.231% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.768%−$77 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.206%, 7d avg −0.231%
Together, before fees−0.739%+ Points / potential airdropExtended: Active · farm board−$74 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: Extended is 0.025% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.231%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex DOTUSDT1.17000.0100pay 0.0100% / 8h2h 33m$2.3M$2.2M50x
ShortExtended DOT-USD1.16760.0104get 0.0013% / 1h33m 02s$15K$245K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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
$0.84
Price spread: −0.206% → −0.231%
$2.5
Slippage, 4 orders
−$32.23
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$45.89
Costs to cover
0.492%
Break-even
389.4 days
Slippage from Phemex: live order book, 5 min ago; Extended: live order book, 14 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 Phemex live order book, 5 min ago4.26 bp16.0 bp −$1649.5 bp −$495128.6 bp −$12.9Kdoesn't fit
Sell Extended live order book, 14 min ago0.43 bp7.4 bp −$753.7 bp −$537doesn'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-PERPETUAL−0.3330%1h1.1690−0.085%$233K$133K50xas long as short
Coinbase International DOT-PERP-INTX−0.0864%1h1.1680−0.171%$172K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1675−0.214%$253as long as short
dYdX DOT-USD0.0000%1h1.1686−0.118%$141K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1685−0.128%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+2.735%$328$121K12xas long as short
Kraken Futures PF_DOTUSD+0.0092%1h1.1689−0.096%$4.3M$1.4M50xas long as short
Lighter DOT+0.0096%1h1.1684−0.134%$249K$663K10xas long as short
Hyperliquid DOT+0.0100%1h1.1690−0.085%$5.2M$3.4M10xas long as short
Aster DOTUSDT+0.0100%8h1.1696−0.038%$836K$597K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1693−0.060%$42.7M$86.3M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1688−0.103%$23.7M$19.6M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1690−0.085%$9.2M$24.6M50xas long as short
Gate DOT_USDT+0.0100%8h1.1690−0.085%$6.6M$12.4M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1688−0.103%$28.5M$57.5M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1681−0.162%$6.2M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1682−0.154%$22.3M$14.7M75xas long as short
BingX DOT-USDT+0.0100%8h1.1690−0.085%$29.8Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1686−0.120%$90K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1723+0.194%$534K$52Kas long as short
edgeX DOTUSDC+0.0100%4h1.1748+0.413%$34K$336K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1713+0.110%$232K$420K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1690−0.085%$8K$19K10xas long as short
SunX DOT-USDT+0.0100%8h1.1705+0.043%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1685−0.128%$262K$269K75xas long as short
Phemex DOTUSDTlong+0.0100%8h1.1700long leg$2.3M$2.2M50x
Extended DOT-USDshort+0.0104%1h1.1676−0.206%$15K$245K25x
BloFin DOT-USDT+0.0220%8h1.1692−0.068%$2.2M$891K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0300% / S −0.1012%1h1.1684−0.138%$22K100xas long as short