Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Backpack against gTrade (Gains Network)−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | gTrade (Gains Network) DOT/USD | 1.2044 | L 0.0000% / S +0.0004% | pay 0.0000% / 1h | 26m 35s | $3K | — | 150x |
| Short | Backpack DOT_USDC_PERP | 1.2043 | 0.0100 | get 0.0013% / 1h | 26m 35s | $96K | $128K | 10x |
gTrade (Gains Network) DOT/USD
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $20.9
- Price spread: −0.008% → 0.000%
- −$0.83
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $0.07
- Costs to cover
- 0.200%
- Break-even
- 7.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 41 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 41 min ago | 0.41 bp | 5.8 bp −$6 | 493.2 bp −$4,932 | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOT on 28 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 | −0.0745% | 1h | 1.2049 | +0.042% | $220K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2041 | −0.025% | $261 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.2060 | +0.133% | $198K | $1.9M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2043 | −0.009% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USDlong | L 0.0000% / S +0.0004% | 1h | 1.2044 | long leg | $3K | — | 150x | |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.199% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0043% | 8h | 1.2051 | +0.058% | $9.5M | $24.4M | 50x | as long as short |
| KuCoin DOTUSDTM | +0.0083% | 8h | 1.2048 | +0.033% | $6.5M | $9.3M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2047 | +0.022% | $272K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2046 | +0.017% | $5.4M | $3.4M | 10x | as long as short |
Deribit DOT_USDC-PERPETUAL
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOTUSDT | +0.0100% | 8h | 1.2037 | −0.058% | $871K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2050 | +0.050% | $44.6M | $84.9M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2051 | +0.058% | $24.8M | $19.1M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2050 | +0.050% | $6.8M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2048 | +0.033% | $35.2M | $46.4M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2050 | +0.050% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2044 | 0.000% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPshort | +0.0100% | 1h | 1.2043 | −0.008% | $96K | $128K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1979 | −0.543% | $546K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1986 | −0.481% | $35K | $332K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1981 | −0.521% | $230K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2040 | −0.033% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2060 | +0.133% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2038 | −0.050% | $250K | $224K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2042 | −0.014% | $14K | $299K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0195% | 1h | 1.2046 | +0.019% | $4.5M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.2042 | −0.013% | $22K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0467% | 8h | 1.2050 | +0.050% | $2.3M | $2.2M | 50x | as long as short |
Aster DOTUSDT
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
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT