Settings8H · net · $10k
Funding arb · Price arb /

DOS

all DOS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0480%/8h= +52.6% APRnext payment +$2.40 per $10,000 · paid last 24h +0.051%
Price spread now: Bybit against KuCoin+0.023%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,781as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,764as in the Price arb table
costs, in and out, $10k−$1,78017.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.023%, 7d avg −0.132%
Together, before fees−0.283%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bybit is 0.155% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOSUSDTM0.21720.0100pay 0.0050% / 4h2h 05m$296K$880K20x
ShortBybit DOSUSDT0.21730.0580get 0.0290% / 4h2h 05m$847K$173K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$100.85
Price spread: +0.023% → −0.132%
$15.52
Slippage, 4 orders
−$1,756.89
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,663.52
Costs to cover
17.799%
Break-even
122.5 days
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 44 min ago18.57 bp541.1 bp −$541doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 59 min ago9.22 bp525.5 bp −$526doesn't fitdoesn't fitdoesn't fit

DOS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate DOS_USDT+0.0100%4h0.2171−0.069%$177K$164K20xas long as short
KuCoin DOSUSDTMlong+0.0100%4h0.2172long leg$296K$880K20x
Bitget DOSUSDT+0.0100%4h0.2170−0.110%$208K$298K10xas long as short
HTX DOS-USDT+0.0100%4h0.2174+0.069%$15K$365K10xas long as short
OKX DOS-USDT-SWAP+0.0433%4h0.2173+0.023%$1.2M$2.1M20xas long as short
BingX DOS-USDT+0.0514%4h0.2173+0.023%$1.6Mas long as short
MEXC DOS_USDT+0.0524%4h0.2172−0.023%$478K$164K20xas long as short
Binance DOSUSDT+0.0526%4h0.2173+0.011%$2.2M$2.5M20xas long as short
Bybit DOSUSDTshort+0.0580%4h0.2173+0.023%$847K$173K20x
Aster DOSUSDT+0.0773%4h0.2171−0.086%$6K$13K5xas long as short