Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Orderly against Backpack+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.074% dearer against Backpack than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.2081 | 0.0100 | pay 0.0013% / 1h | 3m 04s | $97K | $129K | 10x |
| Short | Orderly PERP_DOT_USDC | 1.2090 | 0.0100 | get 0.0100% / 8h | 1h 03m | $8K | $24K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.074% → 0.000%
- $7.45
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$8.55
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 15 min ago; Orderly: no order-book sample. Net counts fees only.
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, 15 min ago | 0.41 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.2083 | +0.013% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2100 | +0.157% | $209K | $1.9M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2097 | +0.132% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | −0.505% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0010% | 8h | 1.2078 | −0.025% | $9.6M | $23.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2106 | +0.209% | $146K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUAL | 0.0000% | 1h | 1.2094 | +0.108% | $221K | $117K | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2090 | +0.073% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0044% | 8h | 1.2084 | +0.025% | $6.8M | $8.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2085 | +0.035% | $247K | $602K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2085 | +0.033% | $5.4M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2090 | +0.077% | $878K | $689K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2084 | +0.023% | $44.7M | $81.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2077 | −0.033% | $24.8M | $18.4M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2080 | −0.008% | $6.9M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2084 | +0.025% | $29.7M | $38.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2081 | 0.000% | $23.3M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2078 | −0.025% | — | $28.5M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.2081 | long leg | $97K | $129K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.2065 | −0.134% | $549K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2092 | +0.094% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2094 | +0.107% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDCshort | +0.0100% | 8h | 1.2090 | +0.074% | $8K | $24K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.2112 | +0.257% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2106 | +0.207% | $250K | $219K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2081 | +0.001% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2083 | +0.017% | $2.3M | $780K | 75x | as long as short |
| Phemex DOTUSDT | +0.0301% | 8h | 1.2100 | +0.157% | $2.2M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0305% / S −0.1025% | 1h | 1.2089 | +0.066% | $23K | — | 100x | as long as short |
Backpack DOT_USDC_PERP
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOT
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
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]