Funding you earn now, next payment 04:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.001%
Price spread now: Gate against Backpack+0.059%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.059%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.082% dearer against Backpack than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1873 | −0.0139 | get 0.0017% / 1h | 58m 38s | $93K | $129K | 10x |
| Short | Gate DOT_USDT | 1.1880 | 0.0100 | get 0.0100% / 8h | 4h 58m | $6.7M | $11.7M | 75x |
Backpack DOT_USDC_PERP
Gate DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $50.16
- Price spread: +0.059% → −0.023%
- $8.23
- Slippage, 4 orders
- −$18.69
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $14.69
- Costs to cover
- 0.437%
- Break-even
- 4.9 days
Slippage from Backpack: live order book, 64 min ago; Gate: live order book, 5 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, 64 min ago | 0.42 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.21 bp | 18.5 bp −$18 | 44.6 bp −$446 | 72.9 bp −$7,288 | 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 | −0.2267% | 1h | 1.1890 | +0.143% | $227K | $114K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1880 | +0.059% | $196K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1861 | −0.097% | $257 | — | — | as long as short |
| Backpack DOT_USDC_PERPlong | −0.0139% | 1h | 1.1873 | long leg | $93K | $129K | 10x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1885 | +0.102% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1876 | +0.025% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.238% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1888 | +0.125% | $268K | $632K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1884 | +0.093% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1885 | +0.100% | $858K | $709K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1882 | +0.073% | $43.6M | $85.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1878 | +0.042% | $24.4M | $19.0M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1875 | +0.017% | $9.4M | $24.1M | 50x | as long as short |
| Gate DOT_USDTshort | +0.0100% | 8h | 1.1880 | +0.059% | $6.7M | $11.7M | 75x | |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1882 | +0.076% | $34.7M | $50.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1883 | +0.084% | $6.5M | $9.1M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1869 | −0.034% | $22.7M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1878 | +0.042% | — | $29.7M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1873 | +0.001% | $540K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1871 | −0.016% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1874 | +0.008% | $226K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1880 | +0.059% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1888 | +0.126% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1877 | +0.034% | $258K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1873 | −0.004% | $14K | $303K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0213% | 1h | 1.1877 | +0.033% | $4.4M | $1.5M | 50x | as long as short |
| Phemex DOTUSDT | +0.0216% | 8h | 1.1890 | +0.143% | $2.3M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1867 | −0.051% | $2.2M | $873K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1873 | +0.002% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]