Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: KuCoin against Backpack+0.034%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.034%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.040% dearer against Backpack than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1913 | 0.0100 | pay 0.0013% / 1h | 33m 21s | $93K | $130K | 10x |
| Short | KuCoin DOTUSDTM | 1.1917 | 0.0100 | get 0.0100% / 8h | 3h 33m | $6.5M | $9.2M | 75x |
Backpack DOT_USDC_PERP
KuCoin DOTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.034% → −0.007%
- $4.02
- Slippage, 4 orders
- −$22.75
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.73
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 20 min ago; KuCoin: 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, 20 min ago | 0.42 bp | 6.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.26 bp | 14.0 bp −$14 | 32.9 bp −$329 | 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 | −0.2259% | 1h | 1.1927 | +0.118% | $229K | $123K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0432% | 1h | 1.1940 | +0.227% | $197K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1912 | −0.005% | $258 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1913 | −0.001% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1920 | +0.056% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.898% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0057% | 1h | 1.1925 | +0.103% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1924 | +0.091% | $262K | $636K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1918 | +0.042% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1925 | +0.100% | $850K | $593K | 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
Kraken Futures PF_DOTUSD
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 | 1.1921 | +0.067% | $43.9M | $84.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1918 | +0.042% | $24.4M | $18.8M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1922 | +0.076% | $9.4M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | +0.059% | $6.7M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1918 | +0.042% | $33.5M | $54.7M | 300x | as long as short |
| KuCoin DOTUSDTMshort | +0.0100% | 8h | 1.1917 | +0.034% | $6.5M | $9.2M | 75x | |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1914 | +0.008% | $22.7M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1915 | +0.017% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.1913 | long leg | $93K | $130K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1924 | +0.096% | $543K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1937 | +0.204% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1940 | +0.227% | $227K | $420K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1910 | −0.025% | $8K | $20K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1938 | +0.210% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1918 | +0.042% | $263K | $261K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1917 | +0.030% | $17K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0119% | 8h | 1.1930 | +0.143% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1914 | +0.008% | $2.2M | $886K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1922 | +0.075% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]