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

DOT

all DOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.033%
Price spread now: SunX against Kraken Futures+0.103%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.103%, 7d avg +0.075%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.028% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_DOTUSD1.2069−0.0053get 0.0007% / 1h7m 52s$4.5M$1.4M50x
ShortSunX DOT-USDT1.20810.0100get 0.0100% / 8h1h 07m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Kraken Futures. 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
$32.16
Price spread: +0.103% → +0.075%
$2.82
Slippage, 4 orders
−$136.08
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.1
Costs to cover
1.541%
Break-even
32.9 days
Slippage from Kraken Futures: live order book, 1 min ago; SunX: live order book, 5 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 Kraken Futures live order book, 1 min ago2.07 bp19.4 bp −$1927.9 bp −$279223.0 bp −$22.3Kdoesn't fit
Sell SunX live order book, 5 min ago29.79 bp73.9 bp −$74doesn't fitdoesn'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
Reya DOTRUSDPERP−0.0166%1h1.2053−0.132%$261as long as short
Coinbase International DOT-PERP-INTX−0.0128%1h1.2060−0.071%$209K$1.9M50xas long as short
Kraken Futures PF_DOTUSDlong−0.0053%1h1.2069long leg$4.5M$1.4M50x
Injective DOT/USDC PERP−0.0040%1h1.2020−0.403%$328$121K12xas long as short
OKX DOT-USDT-SWAP−0.0012%8h1.2055−0.113%$9.5M$23.8M50xas long as short
dYdX DOT-USD0.0000%1h1.2059−0.077%$145K$6K10xas long as short
Deribit DOT_USDC-PERPETUAL0.0000%1h1.2067−0.013%$220K$117K50xas long as short
gTrade (Gains Network) DOT/USDL 0.0000% / S +0.0004%1h1.2061−0.065%$5K150xas long as short
KuCoin DOTUSDTM+0.0042%8h1.2058−0.088%$6.8M$8.7M75xas long as short
Lighter DOT+0.0096%1h1.2052−0.138%$246K$602K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOT+0.0100%1h1.2064−0.038%$5.3M$3.3M10xas long as short
Aster DOTUSDT+0.0100%8h1.2060−0.074%$875K$687K50xas long as short
Binance DOTUSDT+0.0100%8h1.2051−0.146%$44.6M$81.5M75xas long as short
Bybit DOTUSDT+0.0100%8h1.2044−0.204%$24.7M$18.3M75xas long as short
Gate DOT_USDT+0.0100%8h1.2060−0.071%$6.9M$11.7M75xas long as short
MEXC DOT_USDT+0.0100%8h1.2057−0.096%$29.3M$38.1M300xas long as short
Bitget DOTUSDT+0.0100%8h1.2051−0.146%$23.1M$14.6M75xas long as short
BingX DOT-USDC+0.0100%8h1.2057−0.096%$1.3Mas long as short
Backpack DOT_USDC_PERP+0.0100%1h1.2057−0.096%$96K$129K10xas long as short
Variational Omni DOT+0.0100%8h1.2079+0.085%$549K$61Kas long as short
edgeX DOTUSDC+0.0100%4h1.2084+0.130%$35K$332K20xas long as short
GRVT DOT_USDT_Perp+0.0100%8h1.2056−0.100%$233K$456K10xas long as short
Orderly PERP_DOT_USDC+0.0100%8h1.2060−0.071%$8K$25K10xas long as short
SunX DOT-USDTshort+0.0100%8h1.2081+0.103%$2K$1.3M20x
HTX DOT-USDT+0.0100%8h1.2069+0.003%$249K$219K75xas long as short
Extended DOT-USD+0.0104%1h1.2051−0.148%$15K$235K25xas long as short
BloFin DOT-USDT+0.0220%8h1.2067−0.013%$2.3M$779K75xas long as short
Phemex DOTUSDT+0.0304%8h1.2080+0.094%$2.2M$2.1M50xas long as short
GMX DOT/USD [WBTC.b-USDC]L +0.0304% / S −0.1025%1h1.2060−0.073%$23K100xas long as short