Funding arb · Price arb /

DOT

all DOT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.014%

Price spread now: MEXC against gTrade (Gains Network)−0.059%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, the price is against you. MEXC is 0.059% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOT/USD	1.1962	L 0.0000% / S +0.0004%	pay 0.0000% / 1h	53m 36s	$3K	—	150x
Short	MEXC DOT_USDT	1.1955	0.0100	get 0.0100% / 8h	5h 53m	$28.2M	$47.6M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee MEXCbpOrdersPrice spread, now −0.059%Rate

Funding earned: $20.9
Price spread: −0.059% → 0.000%: −$5.94
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $4.97
Costs to cover: 0.100%
Break-even: 5.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell MEXC live order book, 5 min ago	0.42 bp	1.0 bp −$1	8.2 bp −$82	49.8 bp −$4,985	87.0 bp −$43.5K

gTrade (Gains Network): 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 28 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	−0.1833%	1h	1.1976	+0.116%	$219K	$116K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0376%	1h	1.1970	+0.066%	$197K	$2.0M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1956	−0.047%	$259	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1958	−0.036%	$144K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDlong	L 0.0000% / S +0.0004%	1h	1.1962	long leg	$3K	—	150x
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.484%	$328	$121K	12x	as long as short
OKX DOT-USDT-SWAP	+0.0071%	8h	1.1947	−0.126%	$9.3M	$24.2M	50x	as long as short
Lighter DOT	+0.0096%	1h	1.1959	−0.030%	$270K	$629K	10x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1956	−0.051%	$5.4M	$3.5M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1960	−0.015%	$865K	$705K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOTUSDT	+0.0100%	8h	1.1955	−0.058%	$44.1M	$84.6M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1951	−0.093%	$24.5M	$18.8M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1950	−0.101%	$6.8M	$11.6M	75x	as long as short
MEXC DOT_USDTshort	+0.0100%	8h	1.1955	−0.059%	$28.2M	$47.6M	300x
KuCoin DOTUSDTM	+0.0100%	8h	1.1952	−0.084%	$6.5M	$9.1M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1950	−0.101%	$22.8M	$14.7M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1955	−0.059%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERP	+0.0100%	1h	1.1954	−0.068%	$93K	$125K	10x	as long as short
Variational Omni DOT	+0.0100%	8h	1.2016	+0.447%	$544K	$58K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1962	−0.004%	$35K	$333K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.1930	−0.268%	$232K	$431K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1970	+0.066%	$8K	$23K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1970	+0.066%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1994	+0.267%	$261K	$241K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1947	−0.125%	$17K	$303K	25x	as long as short
Phemex DOTUSDT	+0.0300%	8h	1.1970	+0.066%	$2.3M	$2.2M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0303% / S −0.1012%	1h	1.1961	−0.011%	$22K	—	100x	as long as short
Kraken Futures PF_DOTUSD	+0.0409%	1h	1.1974	+0.100%	$4.5M	$1.5M	50x	as long as short