Funding you earn now, next payment 01:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.002%
Price spread now: edgeX against Backpack+0.180%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)−0.085%−$8 · spread now +0.180%, 7d avg −0.040%
=Together, before fees−0.010%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.220% dearer against Backpack than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1963 | 0.0081 | pay 0.0010% / 1h | 49m 29s | $96K | $129K | 10x |
| Short | edgeX DOTUSDC | 1.1985 | 0.0100 | get 0.0050% / 4h | 3h 49m | $35K | $333K | 20x |
Backpack DOT_USDC_PERP
edgeX DOTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.06
- Price spread: +0.180% → −0.040%
- $21.99
- Slippage, 4 orders
- −$13.81
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$6.76
- Costs to cover
- 0.328%
- Break-even
- 18.6 days
Slippage from Backpack: live order book, 24 min ago; edgeX: live order book, 24 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 Backpack live order book, 24 min ago | 0.41 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 5.82 bp | 10.3 bp −$10 | 13.2 bp −$132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1959 | −0.034% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1970 | +0.059% | $205K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1967 | +0.034% | $144K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.1971 | +0.067% | $219K | $116K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1970 | +0.056% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0012% | 8h | 1.1961 | −0.017% | $9.5M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.476% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0051% | 8h | 1.1964 | +0.008% | $6.6M | $9.0M | 75x | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0081% | 1h | 1.1963 | long leg | $96K | $129K | 10x | |
| Variational Omni DOT | +0.0091% | 8h | 1.1954 | −0.078% | $545K | $61K | — | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Variational Omni DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1959 | −0.033% | $245K | $595K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1968 | +0.042% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1982 | +0.160% | $873K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1968 | +0.039% | $44.1M | $83.4M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1962 | −0.008% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | +0.059% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1965 | +0.017% | $34.9M | $41.6M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1960 | −0.025% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1966 | +0.025% | — | $1.3M | — | as long as short |
| edgeX DOTUSDCshort | +0.0100% | 4h | 1.1985 | +0.180% | $35K | $333K | 20x | |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1985 | +0.181% | $232K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1970 | +0.059% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1976 | +0.109% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1980 | +0.142% | $247K | $216K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1967 | +0.034% | $14K | $236K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1969 | +0.046% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1960 | −0.025% | $2.2M | $785K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1969 | +0.047% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.1027% | 8h | 1.1980 | +0.142% | $2.3M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT