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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.014%
Price spread now: Kraken Futures against Aster−0.050%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now −0.050%, 7d avg +0.055%
Together, before fees−0.116%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.105% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOTUSDT1.19600.0100pay 0.0100% / 8h3h 54m$853K$595K50x
ShortKraken Futures PF_DOTUSD1.19540.0057get 0.0007% / 1h54m 04s$4.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
−$9.05
Price spread: −0.050% → +0.055%
−$10.48
Slippage, 4 orders
−$42.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$79.91
Costs to cover
0.604%
Break-even
never at this rate
Slippage from Aster: live order book, 64 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 Aster live order book, 64 min ago8.44 bp12.4 bp −$1270.4 bp −$704doesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago1.26 bp16.8 bp −$1728.6 bp −$286134.0 bp −$13.4Kdoesn'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−0.1918%1h1.1963+0.028%$227K$121K50xas long as short
Coinbase International DOT-PERP-INTX−0.0432%1h1.1960+0.003%$197K$1.9M50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1946−0.118%$259as long as short
dYdX DOT-USD0.0000%1h1.1968+0.069%$144K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1957−0.022%$3K150xas long as short
Injective DOT/USDC PERP+0.0033%1h1.2020+0.505%$328$121K12xas long as short
Kraken Futures PF_DOTUSDshort+0.0057%1h1.1954−0.050%$4.5M$1.4M50x
Lighter DOT+0.0096%1h1.1953−0.056%$270K$626K10xas long as short
Hyperliquid DOT+0.0100%1h1.1957−0.022%$5.4M$3.3M10xas long as short
Aster DOTUSDTlong+0.0100%8h1.1960long leg$853K$595K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DOTUSDT+0.0100%8h1.1964+0.036%$44.1M$85.0M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1951−0.072%$24.5M$18.8M75xas long as short
OKX DOT-USDT-SWAP+0.0100%8h1.1951−0.072%$9.5M$24.4M50xas long as short
Gate DOT_USDT+0.0100%8h1.1950−0.081%$6.7M$11.8M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1953−0.055%$31.7M$53.7M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1957−0.022%$6.5M$9.2M75xas long as short
Bitget DOTUSDT+0.0100%8h1.1950−0.081%$22.8M$14.6M75xas long as short
BingX DOT-USDC+0.0100%8h1.1954−0.047%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1950−0.081%$93K$130K10xas long as short
Variational Omni DOT+0.0100%8h1.1903−0.474%$542K$58Kas long as short
edgeX DOTUSDC+0.0100%4h1.1898−0.517%$35K$334K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1895−0.544%$236K$407K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1960+0.003%$8K$22K10xas long as short
SunX DOT-USDT+0.0100%8h1.1967+0.062%$2K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1972+0.103%$260K$248K75xas long as short
Extended DOT-USD+0.0104%1h1.1946−0.116%$14K$305K25xas long as short
Phemex DOTUSDT+0.0112%8h1.1970+0.087%$2.4M$2.2M50xas long as short
BloFin DOT-USDT+0.0220%8h1.1965+0.045%$2.2M$903K75xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0303% / S −0.1012%1h1.1958−0.015%$22K100xas long as short