Funding you earn now, next payment 02:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.042%
Price spread now: OKX against Backpack−0.034%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.034%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1940 | 0.0100 | pay 0.0013% / 1h | 56m 54s | $95K | $128K | 10x |
| Short | OKX DOT-USDT-SWAP | 1.1936 | 0.0018 | get 0.0018% / 8h | 6h 56m | $9.3M | $24.1M | 50x |
Backpack DOT_USDC_PERP
OKX DOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$17.32
- Price spread: −0.034% → −0.030%
- −$0.4
- Slippage, 4 orders
- −$16.07
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$53.79
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 11 min ago; OKX: live order book, 2 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, 11 min ago | 0.41 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.84 bp | 13.5 bp −$14 | 26.4 bp −$264 | 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 | −0.1584% | 1h | 1.1972 | +0.268% | $219K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1960 | +0.164% | $259 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.1990 | +0.419% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1976 | +0.301% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1965 | +0.212% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAPshort | +0.0018% | 8h | 1.1936 | −0.034% | $9.3M | $24.1M | 50x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.670% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0073% | 8h | 1.1938 | −0.017% | $6.5M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1956 | +0.137% | $242K | $597K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1942 | +0.017% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.1964 | +0.204% | $870K | $699K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1938 | −0.019% | $43.9M | $83.7M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1937 | −0.025% | $24.6M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1940 | 0.000% | $6.7M | $11.1M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1935 | −0.042% | $29.8M | $44.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1934 | −0.050% | $22.8M | $14.5M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1937 | −0.025% | — | $30.1M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.1940 | long leg | $95K | $128K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1982 | +0.355% | $545K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1982 | +0.349% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1995 | +0.457% | $229K | $458K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1960 | +0.168% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1969 | +0.243% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1981 | +0.343% | $249K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1925 | −0.129% | $14K | $300K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0196% | 1h | 1.1959 | +0.157% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1947 | +0.059% | $2.2M | $788K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1966 | +0.215% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0695% | 8h | 1.1980 | +0.335% | $2.3M | $2.1M | 50x | as long as short |
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
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
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT