Spread before costs (cost unknown: a leg has no order-book sample)+0.410%
7d average—if it closes, per $10,000$41funding while held, a day+$56.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOTUSDT | 1.1818 | 0.0100 | pay 0.0100% / 8h | 57m 34s | $24.1M | $21.3M | 75x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1866 | L +0.0311% / S −0.1983% | get 0.0248% / 1h | 57m 34s | $22K | — | 100x |
Bybit DOTUSDT
GMX DOT/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $41
- Funding while held
- $56.49
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $74.49
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1883%
- Per $10,000 a day
- +$56.49
- Average in range /8h
- —
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 Bybit live order book, 3 min ago | 0.42 bp | 9.9 bp −$10 | 24.9 bp −$249 | 90.6 bp −$9,057 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective1.1550cheapest
InjectiveBybit1.1818+2.320%
OKX1.1822+2.355%Binance1.1827+2.403%Extended1.1830+2.424%BingX1.1834+2.459%MEXC1.1837+2.485%Bitget1.1840+2.511%KuCoin1.1841+2.519%Variational Omni1.1844+2.543%Lighter1.1849+2.590%dYdX1.1850+2.594%Gate1.1850+2.597%edgeX1.1851+2.608%Reya1.1854+2.634%Hyperliquid1.1856+2.649%BloFin1.1856+2.649%Aster1.1858+2.665%Orderly1.1860+2.684%Coinbase International1.1860+2.684%Backpack1.1863+2.710%HTX1.1864+2.719%
OKX
Binance
Extended
BingX
MEXC
Bitget
KuCoin
Variational Omni
Lighter
dYdX
Gate
Reya
Hyperliquid
BloFin
Aster
Orderly
Coinbase International
Backpack
HTXGMX1.1866+2.740%
gTrade (Gains Network)1.1870+2.767%Kraken Futures1.1870+2.771%Deribit1.1871+2.779%SunX1.1877+2.831%Phemex1.1880+2.857%
gTrade (Gains Network)
Kraken Futures
Deribit
SunX
PhemexDOT on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective DOT/USDC PERP | −2.268% | +0.0033% | 1h | $316 | $55K | 12x | as long as short |
| Bybit DOTUSDTlong | 0.000% | +0.0100% | 8h | $24.1M | $21.3M | 75x | |
| OKX DOT-USDT-SWAP | +0.034% | −0.0089% | 8h | $9.3M | $25.7M | 50x | as long as short |
| Binance DOTUSDT | +0.080% | +0.0038% | 8h | $45.4M | $87.2M | 75x | as long as short |
| Extended DOT-USD | +0.101% | +0.0040% | 1h | $15K | $248K | 25x | as long as short |
| BingX DOT-USDT | +0.135% | +0.0100% | 8h | — | $30.9M | — | as long as short |
| MEXC DOT_USDT | +0.161% | +0.0037% | 8h | $33.9M | $22.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.186% | +0.0100% | 8h | $22.7M | $14.0M | 75x | as long as short |
| KuCoin DOTUSDTM | +0.195% | +0.0100% | 8h | $6.5M | $9.8M | 75x | as long as short |
| Variational Omni DOT | +0.217% | +0.0051% | 8h | $541K | $130K | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.263% | +0.0096% | 1h | $248K | $521K | 10x | as long as short |
| dYdX DOT-USD | +0.268% | 0.0000% | 1h | $144K | $6K | 10x | as long as short |
| Gate DOT_USDT | +0.271% | +0.0100% | 8h | $7.0M | $13.0M | 75x | as long as short |
| edgeX DOTUSDC | +0.281% | +0.0100% | 4h | $35K | $327K | 20x | as long as short |
| Reya DOTRUSDPERP | +0.306% | −0.0166% | 1h | $257 | — | — | as long as short |
| Hyperliquid DOT | +0.322% | +0.0100% | 1h | $5.1M | $3.7M | 10x | as long as short |
| BloFin DOT-USDT | +0.322% | +0.0151% | 8h | $2.4M | $1.1M | 75x | as long as short |
| Aster DOTUSDT | +0.337% | +0.0096% | 8h | $907K | $660K | 50x | as long as short |
| Orderly PERP_DOT_USDC | +0.355% | +0.0100% | 8h | $8K | $29K | 10x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.355% | −0.0136% | 1h | $182K | $2.3M | 50x | as long as short |
| Backpack DOT_USDC_PERP | +0.381% | +0.0100% | 1h | $76K | $102K | 10x | as long as short |
| HTX DOT-USDT | +0.389% | +0.0100% | 8h | $260K | $218K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | +0.410% | L +0.0311% / S −0.1983% | 1h | $22K | — | 100x | |
| gTrade (Gains Network) DOT/USD | +0.437% | L 0.0000% / S +0.0004% | 1h | $3K | — | 150x | as long as short |
| Kraken Futures PF_DOTUSD | +0.440% | +0.0036% | 1h | $4.5M | $1.5M | 50x | as long as short |
| Deribit DOT_USDC-PERPETUAL | +0.448% | 0.0000% | 1h | $220K | $118K | 50x | as long as short |
| SunX DOT-USDT | +0.499% | +0.0100% | 8h | $2K | $1.3M | 20x | as long as short |
| Phemex DOTUSDT | +0.525% | +0.0359% | 8h | $2.1M | $2.3M | 50x | as long as short |