Funding you earn now, next payment 00:00 UTC+0.0457%/8h= +50.0% APRnext payment +$2.28 per $10,000 · paid last 24h +0.121%
Price spread now: Binance against Bitget+0.055%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.055%, 7d avg +0.091%
=Funding pays, the price is against you. Binance is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.091%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.192% in total) that is about 31 hours.
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 +$2.28 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 | Bitget DOSUSDT | 0.2174 | 0.0100 | pay 0.0050% / 4h | 36m 59s | $217K | $225K | 10x |
| Short | Binance DOSUSDT | 0.2175 | 0.0557 | get 0.0278% / 4h | 36m 59s | $2.1M | $2.1M | 20x |
Bitget DOSUSDT
Binance DOSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $95.95
- Price spread: +0.055% → +0.091%
- −$3.54
- Slippage, 4 orders
- −$74.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.06
- Costs to cover
- 0.965%
- Break-even
- 7.3 days
Slippage from Bitget: live order book, 33 min ago; Binance: live order book, 12 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 Bitget live order book, 33 min ago | 8.32 bp | 24.1 bp −$24 | 188.1 bp −$1,881 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.30 bp | 23.4 bp −$23 | 123.5 bp −$1,235 | 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 | 0.2173 | −0.037% | $183K | $122K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2176 | +0.087% | $296K | $864K | 20x | as long as short |
| Bitget DOSUSDTlong | +0.0100% | 4h | 0.2174 | long leg | $217K | $225K | 10x | |
| HTX DOS-USDT | +0.0100% | 4h | 0.2172 | −0.083% | $14K | $361K | 10x | as long as short |
| Bybit DOSUSDT | +0.0244% | 4h | 0.2174 | +0.009% | $842K | $163K | 20x | as long as short |
| OKX DOS-USDT-SWAP | +0.0393% | 4h | 0.2175 | +0.055% | $1.2M | $2.0M | 20x | as long as short |
| BingX DOS-USDT | +0.0538% | 4h | 0.2176 | +0.101% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0556% | 4h | 0.2175 | +0.055% | $486K | $157K | 20x | as long as short |
| Binance DOSUSDTshort | +0.0557% | 4h | 0.2175 | +0.055% | $2.1M | $2.1M | 20x | |
| BloFin DOS-USDT | +0.0606% | 4h | 0.2177 | +0.147% | $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 | +0.0863% | 4h | 0.2171 | −0.114% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT