Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against Orderly−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.059% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DOT_USDC | 1.1960 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $8K | $23K | 10x |
| Short | Backpack DOT_USDC_PERP | 1.1953 | 0.0100 | get 0.0013% / 1h | 41m 39s | $93K | $126K | 10x |
Orderly PERP_DOT_USDC
Backpack DOT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Orderly. 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
- $0
- Price spread: −0.059% → 0.000%
- −$5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$21.85
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Backpack: live order book, 21 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 21 min ago | 0.42 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 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 | −0.1834% | 1h | 1.1970 | +0.084% | $228K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0376% | 1h | 1.1990 | +0.251% | $197K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1972 | +0.100% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1922 | −0.320% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1977 | +0.142% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.502% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | +0.0080% | 8h | 1.1930 | −0.251% | $9.3M | $24.1M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1930 | −0.247% | $270K | $630K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1925 | −0.293% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1940 | −0.167% | $864K | $705K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1927 | −0.274% | $44.0M | $84.8M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1927 | −0.276% | $24.5M | $18.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1930 | −0.251% | $6.7M | $11.7M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1936 | −0.201% | $29.8M | $48.4M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1955 | −0.042% | $6.4M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1920 | −0.334% | $22.7M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1925 | −0.293% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERPshort | +0.0100% | 1h | 1.1953 | −0.059% | $93K | $126K | 10x | |
| Variational Omni DOT | +0.0100% | 8h | 1.1920 | −0.335% | $541K | $58K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1925 | −0.290% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1901 | −0.493% | $231K | $431K | 10x | as long as short |
| Orderly PERP_DOT_USDClong | +0.0100% | 8h | 1.1960 | long leg | $8K | $23K | 10x | |
| SunX DOT-USDT | +0.0100% | 8h | 1.1996 | +0.301% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1937 | −0.192% | $260K | $241K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1927 | −0.277% | $17K | $303K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1968 | +0.067% | $2.2M | $858K | 75x | as long as short |
| Phemex DOTUSDT | +0.0283% | 8h | 1.1980 | +0.167% | $2.3M | $2.2M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1978 | +0.153% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0409% | 1h | 1.1970 | +0.084% | $4.5M | $1.5M | 50x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD