Funding arb · Price arb /

DOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Orderly against Bitget−0.170%53s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.170% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Bitget DOTUSDT	1.1740	0.0100	pay 0.0100% / 8h	7h 22m	$22.7M	$14.5M	75x
Short	Orderly PERP_DOT_USDC	1.1720	0.0100	get 0.0100% / 8h	7h 22m	$8K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.170%Rate

Funding earned: $0
Price spread: −0.170% → 0.000%: −$17.04
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$35.04
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 6 min ago; Orderly: no order-book sample. 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 Bitget live order book, 6 min ago	4.30 bp	10.3 bp −$10	20.0 bp −$200	57.6 bp −$5,760	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.1961%	1h	1.1732	−0.068%	$256K	$171K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1735	−0.041%	$254	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1733	−0.061%	$142K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1725	−0.128%	$3K	—	150x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+2.385%	$328	$121K	12x	as long as short
Coinbase International DOT-PERP-INTX	+0.0072%	1h	1.1720	−0.170%	$170K	$2.0M	50x	as long as short
Lighter DOT	+0.0096%	1h	1.1735	−0.043%	$247K	$673K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1740	0.000%	$5.6M	$4.5M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1733	−0.063%	$845K	$615K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1740	0.000%	$42.8M	$88.8M	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	1.1736	−0.034%	$23.8M	$20.3M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1738	−0.017%	$9.0M	$25.5M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1740	0.000%	$6.6M	$11.9M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1739	−0.009%	$32.4M	$65.5M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1739	−0.009%	$6.2M	$9.6M	75x	as long as short
Bitget DOTUSDTlong	+0.0100%	8h	1.1740	long leg	$22.7M	$14.5M	75x
BingX DOT-USDT	+0.0100%	8h	1.1735	−0.043%	—	$9.6M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1730	−0.085%	$86K	$131K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1628	−0.952%	$529K	$50K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1647	−0.792%	$34K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1647	−0.796%	$221K	$427K	10x	as long as short
Orderly PERP_DOT_USDCshort	+0.0100%	8h	1.1720	−0.170%	$8K	$19K	10x
SunX DOT-USDT	+0.0100%	8h	1.1740	0.000%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1647	−0.792%	$263K	$284K	75x	as long as short
Phemex DOTUSDT	+0.0100%	8h	1.1730	−0.085%	$2.4M	$2.2M	50x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1733	−0.058%	$16K	$271K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1724	−0.136%	$1.9M	$915K	75x	as long as short
Kraken Futures PF_DOTUSD	+0.0243%	1h	1.1729	−0.093%	$4.4M	$1.6M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0291% / S −0.0937%	1h	1.1722	−0.150%	$20K	—	100x	as long as short