Funding you earn now, next payment 09:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h −0.018%
Price spread now: Kraken Futures against Backpack+0.023%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.023%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOT_USDC_PERP | 1.1693 | 0.0100 | pay 0.0013% / 1h | 56m 22s | $86K | $132K | 10x |
| Short | Kraken Futures PF_DOTUSD | 1.1696 | 0.0244 | get 0.0030% / 1h | 56m 22s | $4.4M | $1.5M | 50x |
Backpack DOT_USDC_PERP
Kraken Futures PF_DOTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $30.19
- Price spread: +0.023% → +0.035%
- −$1.25
- Slippage, 4 orders
- −$33.03
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.09
- Costs to cover
- 0.530%
- Break-even
- 12.6 days
Slippage from Backpack: live order book, 42 min ago; Kraken Futures: live order book, 2 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, 42 min ago | 0.43 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 2.57 bp | 16.7 bp −$17 | 29.7 bp −$297 | 493.6 bp −$49.4K | 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 | −0.2734% | 1h | 1.1694 | +0.009% | $250K | $163K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1682 | −0.097% | $253 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1679 | −0.119% | $141K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1685 | −0.068% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.797% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1670 | −0.197% | $170K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1678 | −0.127% | $245K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1687 | −0.054% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1683 | −0.088% | $843K | $616K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1680 | −0.111% | $42.5M | $89.3M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1679 | −0.120% | $23.7M | $20.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1683 | −0.086% | $9.0M | $25.6M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1690 | −0.026% | $6.6M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1684 | −0.077% | $29.4M | $64.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1690 | −0.026% | $6.2M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1680 | −0.111% | $22.4M | $14.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1687 | −0.051% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPlong | +0.0100% | 1h | 1.1693 | long leg | $86K | $132K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1655 | −0.326% | $530K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1651 | −0.357% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.371% | $229K | $437K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1690 | −0.026% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1697 | +0.034% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1656 | −0.316% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | −0.026% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1667 | −0.218% | $16K | $273K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1683 | −0.086% | $1.9M | $903K | 75x | as long as short |
| Kraken Futures PF_DOTUSDshort | +0.0244% | 1h | 1.1696 | +0.023% | $4.4M | $1.5M | 50x | |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1684 | −0.079% | $20K | — | 100x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]