Funding you earn now, next payment 04:00 UTC−0.0468%/8h= −51.2% APRnext payment −$2.34 per $10,000 · paid last 24h −0.054%
Price spread now: OKX against BloFin+0.186%7-day average −0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$890.894% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)−0.517%−$52 · spread now +0.186%, 7d avg −0.165%
=The price spread pays, funding is against you. OKX is 0.351% dearer against BloFin than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of −0.165%): +$35 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.136% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.34 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 | BloFin DOS-USDT | 0.2154 | 0.0572 | pay 0.0286% / 4h | 2h 49m | $112K | $22K | 20x |
| Short | OKX DOS-USDT-SWAP | 0.2158 | 0.0104 | get 0.0052% / 4h | 2h 49m | $1.2M | $2.1M | 20x |
BloFin DOS-USDT
OKX DOS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$98.22
- Price spread: +0.186% → −0.165%
- $35.08
- Slippage, 4 orders
- −$67.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$152.58
- Costs to cover
- 0.894%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; OKX: live order book, 3 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 BloFin live order book, 1 min ago | 6.96 bp | 20.1 bp −$20 | 86.2 bp −$862 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.64 bp | 26.1 bp −$26 | 82.8 bp −$828 | 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 | 0.2153 | −0.046% | $174K | $161K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2156 | +0.107% | $294K | $874K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2153 | −0.042% | $206K | $299K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2157 | +0.139% | $15K | $364K | 10x | as long as short |
| OKX DOS-USDT-SWAPshort | +0.0104% | 4h | 0.2158 | +0.186% | $1.2M | $2.1M | 20x | |
| Bybit DOSUSDT | +0.0274% | 4h | 0.2157 | +0.139% | $831K | $168K | 20x | as long as short |
| BingX DOS-USDT | +0.0524% | 4h | 0.2157 | +0.139% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0552% | 4h | 0.2156 | +0.093% | $476K | $160K | 20x | as long as short |
| Binance DOSUSDT | +0.0552% | 4h | 0.2157 | +0.139% | $2.2M | $2.4M | 20x | as long as short |
| BloFin DOS-USDTlong | +0.0572% | 4h | 0.2154 | long leg | $112K | $22K | 20x |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
Bybit DOSUSDT
BingX DOS-USDT
MEXC DOS_USDT
Binance DOSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0733% | 4h | 0.2155 | +0.045% | $6K | $13K | 5x | as long as short |
Aster DOSUSDT