Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Backpack+0.230%7-day average −0.038% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.230%, 7d avg −0.038%
=Together, before fees−0.076%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.268% dearer against Backpack than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1847 | 0.0100 | pay 0.0013% / 1h | 6m 43s | $92K | $130K | 10x |
| Short | Variational Omni DOT | 1.1874 | 0.0100 | get 0.0100% / 8h | 4h 06m | $541K | $58K | — |
Backpack DOT_USDC_PERP
Variational Omni DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.230% → −0.038%
- $26.85
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $16.85
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 51 min ago; Variational Omni: RFQ quote, 52 min ago. 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, 51 min ago | 0.42 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 52 min ago | 3.16 bp | doesn't fit | 20.1 bp −$201 | 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 | −0.1854% | 1h | 1.1856 | +0.076% | $225K | $121K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0608% | 1h | 1.1860 | +0.110% | $195K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1844 | −0.029% | $256 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1832 | −0.127% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1850 | +0.025% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +1.460% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1836 | −0.097% | $268K | $636K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1835 | −0.101% | $5.3M | $3.3M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1855 | +0.070% | $856K | $597K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1835 | −0.101% | $43.6M | $85.0M | 75x | 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 DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1831 | −0.135% | $24.3M | $18.9M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1833 | −0.118% | $9.4M | $24.2M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1830 | −0.143% | $6.6M | $11.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1835 | −0.101% | $29.9M | $53.5M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1836 | −0.093% | $6.5M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1830 | −0.143% | $22.6M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1835 | −0.101% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.1847 | long leg | $92K | $130K | 10x | |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1874 | +0.230% | $541K | $58K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1872 | +0.211% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1870 | +0.194% | $236K | $407K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1840 | −0.059% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1871 | +0.203% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1864 | +0.143% | $258K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1829 | −0.150% | $14K | $310K | 25x | as long as short |
| Phemex DOTUSDT | +0.0138% | 8h | 1.1860 | +0.110% | $2.3M | $2.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0214% | 1h | 1.1856 | +0.075% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1846 | −0.008% | $2.2M | $899K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1851 | +0.036% | $22K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]