Funding you earn now, next payment 22:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.002%
Price spread now: Bitget against Backpack+0.017%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.017%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.034% dearer against Backpack than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1888 | 0.0086 | pay 0.0011% / 1h | 39m 57s | $95K | $121K | 10x |
| Short | Bitget DOTUSDT | 1.1890 | 0.0100 | get 0.0100% / 8h | 2h 39m | $22.9M | $13.5M | 75x |
Backpack DOT_USDC_PERP
Bitget DOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.91
- Price spread: +0.017% → −0.017%
- $3.43
- Slippage, 4 orders
- −$18.69
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.35
- Costs to cover
- 0.407%
- Break-even
- 89.6 days
Slippage from Backpack: live order book, 48 min ago; Bitget: live order book, 4 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, 48 min ago | 0.42 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.23 bp | 10.2 bp −$10 | 21.2 bp −$212 | 46.7 bp −$4,671 | 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 | −0.0590% | 1h | 1.1889 | +0.008% | $217K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1876 | −0.105% | $257 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0129% | 1h | 1.1891 | +0.028% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | −0.572% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1870 | −0.151% | $190K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0038% | 8h | 1.1883 | −0.042% | $9.3M | $23.0M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1875 | −0.110% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1882 | −0.050% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0039% | 8h | 1.1878 | −0.084% | $6.7M | $8.6M | 75x | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0086% | 1h | 1.1888 | long leg | $95K | $121K | 10x |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
OKX DOT-USDT-SWAP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DOT_USDT | +0.0092% | 8h | 1.1884 | −0.034% | $32.1M | $34.1M | 300x | as long as short |
| Binance DOTUSDT | +0.0092% | 8h | 1.1880 | −0.067% | $43.9M | $79.7M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1884 | −0.032% | $260K | $563K | 10x | as long as short |
| Extended DOT-USD | +0.0096% | 1h | 1.1873 | −0.123% | $15K | $240K | 25x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1892 | +0.034% | $5.3M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1864 | −0.202% | $889K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1878 | −0.084% | $24.4M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1890 | +0.017% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDTshort | +0.0100% | 8h | 1.1890 | +0.017% | $22.9M | $13.5M | 75x | |
| BingX DOT-USDT | +0.0100% | 8h | 1.1883 | −0.042% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1856 | −0.273% | $539K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1806 | −0.688% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1806 | −0.690% | $229K | $469K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1870 | −0.151% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1892 | +0.034% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1820 | −0.572% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0212% | 8h | 1.1862 | −0.219% | $2.3M | $755K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1014% | 1h | 1.1884 | −0.035% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0387% | 8h | 1.1890 | +0.017% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Extended DOT-USD
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
BingX DOT-USDT
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT