DOT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Backpack against gTrade (Gains Network)−0.121%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, the price is against you. Backpack is 0.121% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOT/USD	1.1975	L 0.0000% / S +0.0004%	pay 0.0000% / 1h	19m 35s	$3K	—	150x
Short	Backpack DOT_USDC_PERP	1.1961	0.0100	get 0.0013% / 1h	19m 35s	$93K	$131K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.121%Rate

Funding earned: $20.9
Price spread: −0.121% → 0.000%: −$12.11
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$11.2
Costs to cover: 0.200%
Break-even: 10.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 43 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 43 min ago	0.42 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Deribit DOT_USDC-PERPETUAL	−0.1999%	1h	1.1976	+0.004%	$229K	$115K	50x	as long as short
Coinbase International DOT-PERP-INTX	−0.0376%	1h	1.1980	+0.038%	$197K	$2.0M	50x	as long as short
Reya DOTRUSDPERP	−0.0166%	1h	1.1967	−0.070%	$259	—	—	as long as short
dYdX DOT-USD	0.0000%	1h	1.1976	+0.001%	$144K	$6K	10x	as long as short
gTrade (Gains Network) DOT/USDlong	L 0.0000% / S +0.0004%	1h	1.1975	long leg	$3K	—	150x
Injective DOT/USDC PERP	+0.0033%	1h	1.2020	+0.372%	$328	$121K	12x	as long as short
Lighter DOT	+0.0096%	1h	1.1981	+0.044%	$271K	$632K	10x	as long as short
OKX DOT-USDT-SWAP	+0.0098%	8h	1.1973	−0.021%	$9.4M	$24.3M	50x	as long as short
Hyperliquid DOT	+0.0100%	1h	1.1969	−0.054%	$5.4M	$3.5M	10x	as long as short
Aster DOTUSDT	+0.0100%	8h	1.1981	+0.050%	$864K	$707K	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOTUSDT	+0.0100%	8h	1.1976	+0.004%	$44.0M	$85.3M	75x	as long as short
Bybit DOTUSDT	+0.0100%	8h	1.1972	−0.029%	$24.6M	$19.0M	75x	as long as short
Gate DOT_USDT	+0.0100%	8h	1.1980	+0.038%	$6.8M	$11.8M	75x	as long as short
MEXC DOT_USDT	+0.0100%	8h	1.1976	+0.004%	$32.7M	$49.7M	300x	as long as short
KuCoin DOTUSDTM	+0.0100%	8h	1.1970	−0.046%	$6.6M	$9.2M	75x	as long as short
Bitget DOTUSDT	+0.0100%	8h	1.1975	−0.004%	$22.9M	$14.9M	75x	as long as short
BingX DOT-USDC	+0.0100%	8h	1.1976	+0.004%	—	$1.3M	—	as long as short
Backpack DOT_USDC_PERPshort	+0.0100%	1h	1.1961	−0.121%	$93K	$131K	10x
Variational Omni DOT	+0.0100%	8h	1.1983	+0.065%	$545K	$58K	—	as long as short
edgeX DOTUSDC	+0.0100%	4h	1.1987	+0.093%	$35K	$335K	20x	as long as short
GRVT DOT_USDT_Perp	+0.0100%	8h	1.2011	+0.295%	$229K	$427K	10x	as long as short
Orderly PERP_DOT_USDC	+0.0100%	8h	1.1980	+0.038%	$8K	$24K	10x	as long as short
SunX DOT-USDT	+0.0100%	8h	1.1992	+0.138%	$2K	$1.3M	20x	as long as short
HTX DOT-USDT	+0.0100%	8h	1.1990	+0.121%	$261K	$242K	75x	as long as short
Extended DOT-USD	+0.0104%	1h	1.1974	−0.013%	$14K	$305K	25x	as long as short
BloFin DOT-USDT	+0.0220%	8h	1.1981	+0.046%	$2.2M	$879K	75x	as long as short
Phemex DOTUSDT	+0.0258%	8h	1.1980	+0.038%	$2.3M	$2.2M	50x	as long as short
GMX DOT/USD [WBTC.b-USDC]	L +0.0303% / S −0.1012%	1h	1.1974	−0.010%	$22K	—	100x	as long as short
Kraken Futures PF_DOTUSD	+0.0409%	1h	1.1975	−0.004%	$4.5M	$1.5M	50x	as long as short