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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.031%
Price spread now: Kraken Futures against SunX−0.020%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 3 days (all we have)−0.081%−$8 · spread now −0.020%, 7d avg −0.073%
Together, before fees−0.181%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX DOT-USDT1.19330.0100pay 0.0100% / 8h6h 45m$2K$1.3M20x
ShortKraken Futures PF_DOTUSD1.19310.0197get 0.0025% / 1h45m 35s$4.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
$20.3
Price spread: −0.020% → −0.073%
$5.26
Slippage, 4 orders
−$137.2
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$129.64
Costs to cover
1.552%
Break-even
51.7 days
Slippage from SunX: live order book, 8 min ago; Kraken Futures: live order book, 3 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 SunX live order book, 8 min ago30.15 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago4.18 bp15.5 bp −$1527.7 bp −$277181.6 bp −$18.2Kdoesn'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−0.1841%1h1.1931−0.017%$218K$116K50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1909−0.200%$258as long as short
Coinbase International DOT-PERP-INTX−0.0024%1h1.1920−0.109%$196K$1.8M50xas long as short
gTrade (Gains Network) DOT/USDL −0.0002% / S +0.0004%1h1.1917−0.134%$14K150xas long as short
dYdX DOT-USD0.0000%1h1.1918−0.126%$143K$6K10xas long as short
OKX DOT-USDT-SWAP+0.0023%8h1.1930−0.025%$9.3M$24.3M50xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.729%$328$121K12xas long as short
KuCoin DOTUSDTM+0.0078%8h1.1920−0.109%$6.5M$9.2M75xas long as short
Lighter DOT+0.0096%1h1.1920−0.109%$241K$597K10xas long as short
Hyperliquid DOT+0.0100%1h1.1919−0.117%$5.4M$3.4M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOTUSDT+0.0100%8h1.1921−0.098%$863K$704K50xas long as short
Binance DOTUSDT+0.0100%8h1.1920−0.111%$43.9M$84.3M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1929−0.034%$24.7M$18.9M75xas long as short
Gate DOT_USDT+0.0100%8h1.1930−0.025%$6.7M$11.4M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1925−0.067%$31.6M$45.0M300xas long as short
Bitget DOTUSDT+0.0100%8h1.1920−0.109%$22.7M$14.7M75xas long as short
BingX DOT-USDC+0.0100%8h1.1924−0.075%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1920−0.109%$95K$129K10xas long as short
Variational Omni DOT+0.0100%8h1.1912−0.179%$542K$59Kas long as short
edgeX DOTUSDC+0.0100%4h1.1931−0.015%$35K$335K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1969+0.299%$233K$422K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1920−0.109%$8K$23K10xas long as short
SunX DOT-USDTlong+0.0100%8h1.1933long leg$2K$1.3M20x
HTX DOT-USDT+0.0100%8h1.1980+0.394%$249K$226K75xas long as short
Extended DOT-USD+0.0104%1h1.1921−0.097%$14K$301K25xas long as short
Kraken Futures PF_DOTUSDshort+0.0197%1h1.1931−0.020%$4.5M$1.4M50x
BloFin DOT-USDT+0.0220%8h1.1962+0.243%$2.2M$796K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0302% / S −0.1012%1h1.1915−0.152%$22K100xas long as short
Phemex DOTUSDT+0.0576%8h1.1940+0.059%$2.3M$2.1M50xas long as short