Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.018%
Price spread now: Backpack against Extended+0.072%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.072%, 7d avg +0.063%
=Together, before fees−0.172%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOT-USD | 1.1804 | 0.0088 | pay 0.0011% / 1h | 44m 01s | $15K | $240K | 25x |
| Short | Backpack DOT_USDC_PERP | 1.1812 | −0.0008 | pay 0.0001% / 1h | 44m 01s | $94K | $120K | 10x |
Extended DOT-USD
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Extended. 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
- −$20.19
- Price spread: +0.072% → +0.063%
- $0.81
- Slippage, 4 orders
- −$12.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$47.36
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 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 Extended live order book, 43 min ago | 1.26 bp | 8.1 bp −$8 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 min ago | 0.42 bp | 6.1 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 | −0.1102% | 1h | 1.1820 | +0.139% | $216K | $118K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1806 | +0.023% | $255 | — | — | as long as short |
| Kraken Futures PF_DOTUSD | −0.0130% | 1h | 1.1819 | +0.127% | $4.4M | $1.3M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0080% | 1h | 1.1820 | +0.139% | $323 | $83K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0064% | 1h | 1.1810 | +0.055% | $189K | $1.8M | 50x | as long as short |
| OKX DOT-USDT-SWAP | −0.0044% | 8h | 1.1819 | +0.131% | $9.3M | $22.8M | 50x | as long as short |
| Backpack DOT_USDC_PERPshort | −0.0008% | 1h | 1.1812 | +0.072% | $94K | $120K | 10x | |
| dYdX DOT-USD | 0.0000% | 1h | 1.1813 | +0.077% | $142K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1816 | +0.108% | $3K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0038% | 8h | 1.1807 | +0.029% | $6.7M | $8.6M | 75x | as long as short |
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 | +0.0087% | 8h | 1.1810 | +0.055% | $31.7M | $34.0M | 300x | as long as short |
| Binance DOTUSDT | +0.0087% | 8h | 1.1819 | +0.131% | $43.7M | $79.7M | 75x | as long as short |
| Extended DOT-USDlong | +0.0088% | 1h | 1.1804 | long leg | $15K | $240K | 25x | |
| Lighter DOT | +0.0096% | 1h | 1.1810 | +0.056% | $258K | $563K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1815 | +0.097% | $5.2M | $3.1M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1811 | +0.064% | $885K | $647K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1814 | +0.088% | $24.3M | $17.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1820 | +0.139% | $6.8M | $11.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1811 | +0.063% | $22.7M | $13.4M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1815 | +0.097% | — | $28.5M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1795 | −0.076% | $537K | $91K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1808 | +0.037% | $34K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1808 | +0.038% | $229K | $478K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1800 | −0.030% | $8K | $27K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1826 | +0.190% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1812 | +0.072% | $245K | $206K | 75x | as long as short |
| BloFin DOT-USDT | +0.0207% | 8h | 1.1814 | +0.088% | $2.3M | $752K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0300% / S −0.1014% | 1h | 1.1814 | +0.087% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0405% | 8h | 1.1830 | +0.224% | $2.2M | $2.1M | 50x | as long as short |
MEXC DOT_USDT
Binance DOTUSDT
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
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