Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0266%/8h= +29.2% APRpaid last 24h +0.080%

Price spread now: edgeX against Reya−0.360%65s7-day average — · you buy dearer than you sell

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

Long on Reya Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.360% cheaper against Reya than usual: you would sell low and buy high (spread −0.360% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 4.5 days of funding at the current rate (+$8 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya DOTRUSDPERP	1.1590	−0.0166	get 0.0021% / 1h	17m 33s	$251	—	—
Short	edgeX DOTUSDC	1.1549	0.0100	get 0.0050% / 4h	17m 33s	$34K	$335K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Reya. 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 ReyabpFee edgeXbpOrdersPrice spread, now −0.360%Rate

Funding earned: $55.92
Price spread: −0.360% → 0.000%: −$36
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $4.92
Costs to cover: 0.150%
Break-even: 6.4 days

Slippage unknown: Reya: no order-book sample; edgeX: live order book, 21 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell edgeX live order book, 21 min ago	6.47 bp	11.0 bp −$11	13.5 bp −$135	doesn't fit	doesn't fit

Reya: 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
Deribit DOT_USDC-PERPETUAL	−0.3697%	1h	1.1607	+0.143%	$248K	$156K	50x	as long as short
Reya DOTRUSDPERPlong	−0.0166%	1h	1.1590	long leg	$251	—	—
Coinbase International DOT-PERP-INTX	−0.0104%	1h	1.1600	+0.083%	$169K	$2.0M	50x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1597	+0.054%	$3K	—	150x	as long as short
dYdX DOT-USD	+0.0001%	1h	1.1612	+0.186%	$140K	$6K	10x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+3.706%	$328	$121K	12x	as long as short
Lighter DOT	+0.0096%	1h	1.1608	+0.153%	$244K	$674K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1607	+0.143%	$5.5M	$4.7M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1605	+0.127%	$837K	$608K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1610	+0.168%	$42.3M	$89.3M	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DOTUSDT	+0.0100%	8h	1.1611	+0.178%	$23.5M	$20.5M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1609	+0.160%	$9.0M	$25.5M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1610	+0.169%	$6.5M	$13.1M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1612	+0.186%	$27.6M	$63.6M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1608	+0.152%	$6.2M	$9.4M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1608	+0.152%	$22.3M	$14.5M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1611	+0.178%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1609	+0.160%	$88K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1548	−0.362%	$526K	$50K	—	as long as short
edgeX DOTUSDCshort	+0.0100%	4h	1.1549	−0.360%	$34K	$335K	20x
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1559	−0.272%	$227K	$437K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1600	+0.083%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1614	+0.203%	$2K	$1.4M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1562	−0.245%	$261K	$283K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1605	+0.130%	$16K	$270K	25x	as long as short
Phemex DOTUSDT	+0.0212%	8h	1.1610	+0.169%	$2.4M	$2.2M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1590	−0.004%	$1.9M	$903K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0290% / S −0.0937%	1h	1.1596	+0.046%	$20K	—	100x	as long as short
Kraken Futures PF_DOTUSD	+0.0339%	1h	1.1613	+0.194%	$4.3M	$1.5M	50x	as long as short