Funding you earn now, next payment 02:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h −0.007%
Price spread now: Aster against Backpack+0.228%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.228%, 7d avg −0.011%
=Together, before fees−0.063%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.239% dearer against Backpack than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1904 | 0.0025 | pay 0.0003% / 1h | 55m 47s | $95K | $128K | 10x |
| Short | Aster DOTUSDT | 1.1931 | 0.0100 | get 0.0100% / 8h | 6h 55m | $867K | $699K | 50x |
Backpack DOT_USDC_PERP
Aster DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $15.78
- Price spread: +0.228% → −0.011%
- $23.89
- Slippage, 4 orders
- −$29.06
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$7.39
- Costs to cover
- 0.471%
- Break-even
- 10.3 days
Slippage from Backpack: live order book, 12 min ago; Aster: live order book, 12 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 Backpack live order book, 12 min ago | 0.41 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 12 min ago | 8.24 bp | 15.0 bp −$15 | 55.1 bp −$551 | 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 | −0.1759% | 1h | 1.1923 | +0.160% | $218K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1905 | +0.005% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.1900 | −0.034% | $196K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1907 | +0.026% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1909 | +0.042% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0015% | 8h | 1.1912 | +0.067% | $9.3M | $24.1M | 50x | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0025% | 1h | 1.1904 | long leg | $95K | $128K | 10x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.974% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0075% | 8h | 1.1914 | +0.084% | $6.5M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1905 | +0.006% | $241K | $597K | 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
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 | 1.1911 | +0.058% | $5.4M | $3.4M | 10x | as long as short |
| Aster DOTUSDTshort | +0.0100% | 8h | 1.1931 | +0.228% | $867K | $699K | 50x | |
| Binance DOTUSDT | +0.0100% | 8h | 1.1906 | +0.014% | $43.7M | $83.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1910 | +0.050% | $24.6M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1920 | +0.134% | $6.7M | $11.2M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1916 | +0.101% | $30.0M | $44.2M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1910 | +0.050% | $22.7M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1913 | +0.076% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1904 | −0.003% | $542K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1982 | +0.652% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1995 | +0.761% | $229K | $458K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1910 | +0.050% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1925 | +0.176% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1913 | +0.076% | $248K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1915 | +0.090% | $14K | $300K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0197% | 1h | 1.1916 | +0.105% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1947 | +0.361% | $2.2M | $788K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0302% / S −0.1012% | 1h | 1.1909 | +0.045% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0743% | 8h | 1.1930 | +0.218% | $2.3M | $2.1M | 50x | as long as short |
Hyperliquid DOT
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
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT