Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Backpack against Binance+0.016%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.016%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOTUSDT | 1.2139 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $44.7M | $83.3M | 75x |
| Short | Backpack DOT_USDC_PERP | 1.2141 | 0.0100 | get 0.0013% / 1h | 14m 58s | $97K | $127K | 10x |
Binance DOTUSDT
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Binance. 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: +0.016% → +0.010%
- $0.64
- Slippage, 4 orders
- −$9.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$28.94
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Backpack: live order book, 58 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 Binance live order book, 13 min ago | 0.41 bp | 8.7 bp −$9 | 16.4 bp −$164 | 53.0 bp −$5,301 | doesn't fit |
| Sell Backpack live order book, 58 min ago | 0.41 bp | 5.9 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2131 | −0.063% | $263 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.2130 | −0.074% | $208K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2128 | −0.091% | $146K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2136 | −0.025% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0025% | 8h | 1.2136 | −0.025% | $9.5M | $24.3M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.980% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0068% | 8h | 1.2136 | −0.025% | $6.6M | $9.0M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2134 | −0.042% | $246K | $602K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2139 | 0.000% | $5.5M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2138 | −0.010% | $883K | $695K | 50x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDTlong | +0.0100% | 8h | 1.2139 | long leg | $44.7M | $83.3M | 75x | |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2136 | −0.025% | $25.1M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2140 | +0.008% | $6.9M | $11.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2140 | +0.008% | $27.3M | $43.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2133 | −0.049% | $23.2M | $14.4M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2138 | −0.008% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPshort | +0.0100% | 1h | 1.2141 | +0.016% | $97K | $127K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.2086 | −0.440% | $550K | $61K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2067 | −0.592% | $35K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2064 | −0.621% | $233K | $450K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2130 | −0.074% | $8K | $22K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2151 | +0.099% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2069 | −0.577% | $251K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2133 | −0.049% | $15K | $295K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0115% | 1h | 1.2142 | +0.026% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2129 | −0.082% | $2.2M | $798K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1012% | 1h | 1.2137 | −0.013% | $23K | — | 100x | as long as short |
| Deribit DOT_USDC-PERPETUAL | +0.0327% | 1h | 1.2147 | +0.066% | $222K | $116K | 50x | as long as short |
| Phemex DOTUSDT | +0.0492% | 8h | 1.2150 | +0.091% | $2.3M | $2.1M | 50x | as long as short |
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Deribit DOT_USDC-PERPETUAL
Phemex DOTUSDT