Funding you earn now, next payment 00:00 UTC+0.0381%/8h= +41.7% APRnext payment +$1.90 per $10,000 · paid last 24h +0.125%
Price spread now: Binance against Gate+0.138%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.138%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 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 | Gate DOS_USDT | 0.2167 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $187K | $113K | 20x |
| Short | Binance DOSUSDT | 0.2170 | 0.0481 | get 0.0240% / 4h | 1h 44m | $2.1M | $2.1M | 20x |
Gate DOS_USDT
Binance DOSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $79.95
- Price spread: +0.138% → +0.079%
- $5.9
- Slippage, 4 orders
- −$104.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$44.03
- Costs to cover
- 1.299%
- Break-even
- 10.9 days
Slippage from Gate: live order book, 32 min ago; Binance: live order book, 5 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 Gate live order book, 32 min ago | 4.60 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 4.62 bp | 31.0 bp −$31 | 115.3 bp −$1,153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOSUSDT | +0.0100% | 4h | 0.2167 | 0.000% | $841K | $176K | 20x | as long as short |
| Gate DOS_USDTlong | +0.0100% | 4h | 0.2167 | long leg | $187K | $113K | 20x | |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2168 | +0.055% | $294K | $839K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2165 | −0.083% | $223K | $212K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2169 | +0.092% | $14K | $360K | 10x | as long as short |
| OKX DOS-USDT-SWAP | +0.0422% | 4h | 0.2172 | +0.231% | $1.2M | $2.0M | 20x | as long as short |
| BingX DOS-USDT | +0.0456% | 4h | 0.2171 | +0.185% | — | $1.6M | — | as long as short |
| BloFin DOS-USDT | +0.0472% | 4h | 0.2163 | −0.185% | $109K | $21K | 20x | as long as short |
| MEXC DOS_USDT | +0.0478% | 4h | 0.2170 | +0.138% | $489K | $155K | 20x | as long as short |
| Binance DOSUSDTshort | +0.0481% | 4h | 0.2170 | +0.138% | $2.1M | $2.1M | 20x |
Bybit DOSUSDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
BloFin DOS-USDT
MEXC DOS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0797% | 4h | 0.2165 | −0.092% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT