Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.019%
Price spread now: Backpack against KuCoin+0.008%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.008%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOTUSDTM | 1.2115 | 0.0051 | pay 0.0051% / 8h | 34m 14s | $6.7M | $8.8M | 75x |
| Short | Backpack DOT_USDC_PERP | 1.2116 | 0.0100 | get 0.0013% / 1h | 34m 14s | $97K | $130K | 10x |
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $10.29
- Price spread: +0.008% → +0.010%
- −$0.15
- Slippage, 4 orders
- −$28.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$40.34
- Costs to cover
- 0.505%
- Break-even
- 34.4 days
Slippage from KuCoin: live order book, 4 min ago; Backpack: live order book, 44 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 KuCoin live order book, 4 min ago | 1.24 bp | 20.6 bp −$21 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 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 | −0.1233% | 1h | 1.2122 | +0.058% | $221K | $117K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2107 | −0.069% | $262 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2120 | +0.041% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2119 | +0.029% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2117 | +0.019% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0013% | 8h | 1.2110 | −0.041% | $9.6M | $24.2M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2123 | +0.067% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.784% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTMlong | +0.0051% | 8h | 1.2115 | long leg | $6.7M | $8.8M | 75x | |
| Lighter DOT | +0.0096% | 1h | 1.2116 | +0.010% | $247K | $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
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.2118 | +0.025% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2117 | +0.017% | $882K | $690K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2112 | −0.025% | $44.8M | $82.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2108 | −0.058% | $24.9M | $18.5M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2120 | +0.041% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2112 | −0.025% | $31.6M | $39.7M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2110 | −0.041% | $23.2M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2115 | 0.000% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPshort | +0.0100% | 1h | 1.2116 | +0.008% | $97K | $130K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.2108 | −0.057% | $551K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2114 | −0.009% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2120 | +0.041% | $235K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2110 | −0.041% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2127 | +0.099% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2116 | +0.008% | $250K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2105 | −0.082% | $15K | $235K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2112 | −0.025% | $2.3M | $789K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2117 | +0.018% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0304% | 8h | 1.2130 | +0.124% | $2.3M | $2.1M | 50x | as long as short |
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
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
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT