Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.075%

Price spread now: KuCoin against Coinbase International−0.034%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$700.704% of the position

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.311%+$31 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.034%, 7d avg −0.014%

Together, before fees+0.361%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.021% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International DOT-PERP-INTX	1.1600	−0.0104	get 0.0013% / 1h	18m 29s	$169K	$2.0M	50x
Short	KuCoin DOTUSDTM	1.1596	0.0100	get 0.0100% / 8h	18m 29s	$6.1M	$9.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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 Coinbase InternationalbpFee KuCoinbpOrdersPrice spread, now −0.034%Rate

Funding earned: $42.84
Price spread: −0.034% → −0.014%: −$2.07
Slippage, 4 orders: −$48.38
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$29.61
Costs to cover: 0.704%
Break-even: 11.8 days

Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 10 min ago.

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 Coinbase International live order book, 5 min ago	8.66 bp	21.1 bp −$21	26.8 bp −$268	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	2.16 bp	17.2 bp −$17	37.6 bp −$376	doesn't fit	doesn't fit

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	−0.3700%	1h	1.1601	+0.009%	$248K	$155K	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1590	−0.083%	$251	—	—	as long as short
Coinbase International DOT-PERP-INTXlong	−0.0104%	1h	1.1600	long leg	$169K	$2.0M	50x
gTrade (Gains Network) DOT/USD	L 0.0000% / S +0.0004%	1h	1.1591	−0.078%	$3K	—	150x	as long as short
dYdX DOT-USD	+0.0001%	1h	1.1588	−0.105%	$140K	$6K	10x	as long as short
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+3.621%	$328	$121K	12x	as long as short
Lighter DOT	+0.0096%	1h	1.1592	−0.069%	$243K	$674K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1593	−0.060%	$5.5M	$4.7M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1589	−0.092%	$835K	$608K	50x	as long as short
Binance DOTUSDT	+0.0100%	8h	1.1594	−0.052%	$42.2M	$89.3M	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	1.1589	−0.095%	$23.5M	$20.5M	75x	as long as short
OKX DOT-USDT-SWAP	+0.0100%	8h	1.1591	−0.078%	$9.0M	$25.4M	50x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1590	−0.086%	$6.5M	$13.1M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1593	−0.060%	$27.4M	$63.5M	300x	as long as short
KuCoin DOTUSDTMshort	+0.0100%	8h	1.1596	−0.034%	$6.1M	$9.4M	75x
Bitget DOTUSDT	+0.0100%	8h	1.1590	−0.086%	$22.3M	$14.5M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1589	−0.095%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1598	−0.017%	$88K	$130K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.1548	−0.444%	$526K	$50K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1549	−0.442%	$34K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1559	−0.354%	$227K	$437K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1580	−0.172%	$8K	$19K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1592	−0.069%	$2K	$1.4M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1562	−0.328%	$260K	$283K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1588	−0.101%	$16K	$270K	25x	as long as short
Phemex DOTUSDT	+0.0213%	8h	1.1600	0.000%	$2.4M	$2.2M	50x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1590	−0.086%	$1.9M	$903K	75x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0290% / S −0.0937%	1h	1.1593	−0.063%	$20K	—	100x	as long as short
Kraken Futures PF_DOTUSD	+0.0340%	1h	1.1598	−0.015%	$4.3M	$1.5M	50x	as long as short