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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC−0.0228%/8hpaid last 24h −0.078%
Price spread now: Coinbase International against BloFin−0.077%58s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.565% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.380%−$38 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.077%, 7d avg +0.018%
Together, before fees−0.275%−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DOT-USDT1.17390.0220pay 0.0220% / 8h4h 06m$2.3M$925K75x
ShortCoinbase International DOT-PERP-INTX1.1730−0.0008pay 0.0001% / 1h6m 10s$184K$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
−$47.88
Price spread: −0.077% → +0.018%
−$9.49
Slippage, 4 orders
−$34.49
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$113.86
Costs to cover
0.565%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Coinbase International: live order book, 2 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 BloFin live order book, 1 min ago0.43 bp9.7 bp −$1013.4 bp −$13428.8 bp −$2,884doesn't fit
Sell Coinbase International live order book, 2 min ago4.26 bp17.6 bp −$1823.5 bp −$235doesn'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−0.0601%1h1.17390.000%$214K$118K50xas long as short
Reya DOTRUSDPERP−0.0166%1h1.1725−0.119%$254as long as short
OKX DOT-USDT-SWAP−0.0039%8h1.1728−0.094%$9.1M$23.2M50xas long as short
Coinbase International DOT-PERP-INTXshort−0.0008%1h1.1730−0.077%$184K$2.1M50x
dYdX DOT-USD0.0000%1h1.1735−0.035%$141K$6K10xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.1732−0.059%$3K150xas long as short
Bitget DOTUSDT+0.0043%8h1.1730−0.077%$22.6M$14.4M75xas long as short
Injective DOT/USDC PERP+0.0070%1h1.1720−0.162%$320$71K12xas long as short
Kraken Futures PF_DOTUSD+0.0083%1h1.1738−0.008%$4.4M$1.4M50xas long as short
Lighter DOT+0.0096%1h1.1731−0.068%$248K$552K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.1735−0.034%$5.1M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.1735−0.036%$887K$687K50xas long as short
Binance DOTUSDT+0.0100%8h1.1729−0.085%$43.7M$83.1M75xas long as short
Bybit DOTUSDT+0.0100%8h1.1726−0.111%$24.2M$18.6M75xas long as short
Gate DOT_USDT+0.0100%8h1.1730−0.077%$6.9M$11.7M75xas long as short
MEXC DOT_USDT+0.0100%8h1.1727−0.102%$35.7M$32.4M300xas long as short
KuCoin DOTUSDTM+0.0100%8h1.1727−0.102%$6.7M$9.1M75xas long as short
BingX DOT-USDT+0.0100%8h1.1729−0.085%$28.4Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.1727−0.102%$82K$117K10xas long as short
Variational Omni DOT+0.0100%8h1.1742+0.029%$534K$91Kas long as short
edgeX DOTUSDC+0.0100%4h1.1742+0.023%$34K$331K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.1751+0.100%$228K$491K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.1730−0.077%$8K$27K10xas long as short
SunX DOT-USDT+0.0100%8h1.1742+0.026%$1K$1.3M20xas long as short
HTX DOT-USDT+0.0100%8h1.1727−0.102%$245K$216K75xas long as short
Extended DOT-USD+0.0104%1h1.1724−0.125%$15K$240K25xas long as short
BloFin DOT-USDTlong+0.0220%8h1.1739long leg$2.3M$925K75x
GMX DOT/USD [WBTC.b-USDC]L +0.0299% / S −0.1014%1h1.1733−0.051%$22K100xas long as short
Phemex DOTUSDT+0.0587%8h1.1750+0.094%$2.1M$2.1M50xas long as short