Funding you earn now, next payment 00:00 UTC−0.0485%/8h= −53.1% APRnext payment −$2.42 per $10,000 · paid last 24h −0.121%
Price spread now: Bitget against Binance−0.119%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.119%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.028% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.192% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOSUSDT | 0.2190 | 0.0585 | pay 0.0292% / 4h | 16m 13s | $2.1M | $2.3M | 20x |
| Short | Bitget DOSUSDT | 0.2187 | 0.0100 | get 0.0050% / 4h | 16m 13s | $228K | $259K | 10x |
Binance DOSUSDT
Bitget DOSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$101.75
- Price spread: −0.119% → −0.091%
- −$2.81
- Slippage, 4 orders
- −$80.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$206.92
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 53 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 Binance live order book, 3 min ago | 4.56 bp | 27.8 bp −$28 | 198.6 bp −$1,986 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 53 min ago | 8.32 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
DOS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2189 | −0.046% | $185K | $136K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2186 | −0.169% | $296K | $869K | 20x | as long as short |
| Bitget DOSUSDTshort | +0.0100% | 4h | 0.2187 | −0.119% | $228K | $259K | 10x | |
| HTX DOS-USDT | +0.0100% | 4h | 0.2193 | +0.137% | $14K | $363K | 10x | as long as short |
| Bybit DOSUSDT | +0.0234% | 4h | 0.2188 | −0.091% | $846K | $168K | 20x | as long as short |
| OKX DOS-USDT-SWAP | +0.0378% | 4h | 0.2188 | −0.091% | $1.2M | $2.1M | 20x | as long as short |
| BingX DOS-USDT | +0.0538% | 4h | 0.2190 | 0.000% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0578% | 4h | 0.2189 | −0.046% | $488K | $159K | 20x | as long as short |
| Binance DOSUSDTlong | +0.0585% | 4h | 0.2190 | long leg | $2.1M | $2.3M | 20x | |
| BloFin DOS-USDT | +0.0585% | 4h | 0.2189 | −0.046% | $109K | $21K | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
HTX DOS-USDT
Bybit DOSUSDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0876% | 4h | 0.2185 | −0.228% | $6K | $12K | 5x | as long as short |
Aster DOSUSDT