Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against Gate+0.099%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.099%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.077% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DOT_USDT | 1.2070 | 0.0100 | pay 0.0100% / 8h | 16m 42s | $6.8M | $11.8M | 75x |
| Short | Backpack DOT_USDC_PERP | 1.2082 | 0.0100 | get 0.0013% / 1h | 16m 42s | $97K | $131K | 10x |
Gate DOT_USDT
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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: +0.099% → +0.022%
- $7.72
- Slippage, 4 orders
- −$21.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$38.5
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Backpack: live order book, 61 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 Gate live order book, 2 min ago | 4.14 bp | 18.1 bp −$18 | 46.7 bp −$467 | 80.4 bp −$8,037 | doesn't fit |
| Sell Backpack live order book, 61 min ago | 0.41 bp | 6.5 bp −$6 | doesn't fit | 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 | −0.1072% | 1h | 1.2083 | +0.108% | $221K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2066 | −0.035% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2080 | +0.083% | $207K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2081 | +0.091% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2078 | +0.065% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0016% | 8h | 1.2070 | 0.000% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2090 | +0.162% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.414% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0052% | 8h | 1.2083 | +0.108% | $6.8M | $8.9M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2077 | +0.057% | $246K | $605K | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2085 | +0.124% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2087 | +0.144% | $880K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2079 | +0.075% | $44.7M | $83.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2069 | −0.008% | $24.9M | $18.6M | 75x | as long as short |
| Gate DOT_USDTlong | +0.0100% | 8h | 1.2070 | long leg | $6.8M | $11.8M | 75x | |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2077 | +0.058% | $33.1M | $40.5M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2070 | 0.000% | $23.1M | $14.8M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.2065 | −0.041% | — | $28.6M | — | as long as short |
| Backpack DOT_USDC_PERPshort | +0.0100% | 1h | 1.2082 | +0.099% | $97K | $131K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.2110 | +0.330% | $552K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2096 | +0.212% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2102 | +0.267% | $234K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2070 | 0.000% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2089 | +0.157% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2092 | +0.182% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2063 | −0.060% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2077 | +0.058% | $2.3M | $787K | 75x | as long as short |
| Phemex DOTUSDT | +0.0286% | 8h | 1.2090 | +0.166% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2079 | +0.073% | $22K | — | 100x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
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
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]