Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: MEXC against Backpack+0.043%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$140.136% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.043%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.050% dearer against Backpack than usual: you sell high and buy low, +$5 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 | 1.1751 | 0.0100 | pay 0.0013% / 1h | 0m 56s | $91K | $131K | 10x |
| Short | MEXC DOT_USDT | 1.1756 | 0.0100 | get 0.0100% / 8h | 2h 00m | $31.1M | $59.6M | 300x |
Backpack DOT_USDC_PERP
MEXC DOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.043% → −0.007%
- $4.98
- Slippage, 4 orders
- −$3.63
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$8.66
- Costs to cover
- 0.136%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 47 min ago; MEXC: live order book, 3 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, 47 min ago | 0.43 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.43 bp | 0.9 bp −$1 | 9.1 bp −$91 | 48.3 bp −$4,826 | 82.9 bp −$41.4K |
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 | −0.3393% | 1h | 1.1761 | +0.085% | $244K | $143K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1760 | +0.077% | $171K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1749 | −0.017% | $254 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1763 | +0.099% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1754 | +0.028% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.289% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0091% | 1h | 1.1761 | +0.086% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1756 | +0.038% | $248K | $675K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1753 | +0.021% | $5.4M | $4.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1758 | +0.058% | $841K | $604K | 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 | 1.1754 | +0.024% | $42.8M | $88.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1751 | 0.000% | $23.7M | $20.1M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1749 | −0.017% | $9.1M | $25.8M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1750 | −0.009% | $6.7M | $12.9M | 75x | as long as short |
| MEXC DOT_USDTshort | +0.0100% | 8h | 1.1756 | +0.043% | $31.1M | $59.6M | 300x | |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1758 | +0.060% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1746 | −0.043% | $22.5M | $15.0M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1754 | +0.026% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.1751 | long leg | $91K | $131K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1783 | +0.276% | $536K | $51K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1767 | +0.134% | $35K | $337K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1764 | +0.113% | $233K | $433K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1760 | +0.077% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1774 | +0.196% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1766 | +0.128% | $265K | $278K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1744 | −0.058% | $15K | $247K | 25x | as long as short |
| Phemex DOTUSDT | +0.0140% | 8h | 1.1780 | +0.247% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1760 | +0.077% | $2.1M | $913K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1753 | +0.014% | $20K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
KuCoin DOTUSDTM
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]