Funding you earn now, next payment 00:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.93 per $10,000 · paid last 24h +0.039%
Price spread now: BloFin against OKX−0.185%73s7-day average +0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)+0.564%+$56 · spread now −0.185%, 7d avg +0.165%
=Funding pays, the price is against you. BloFin is 0.349% cheaper against OKX than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of +0.165%). If the spread goes back, that is −$35 on $10k: about 6.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.122% in total) that is about 20 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.93 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 | OKX DOS-USDT-SWAP | 0.2164 | 0.0311 | pay 0.0155% / 4h | 1h 22m | $1.2M | $2.0M | 20x |
| Short | BloFin DOS-USDT | 0.2160 | 0.0498 | get 0.0249% / 4h | 1h 22m | $109K | $21K | 20x |
OKX DOS-USDT-SWAP
BloFin DOS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $39.22
- Price spread: −0.185% → +0.165%
- −$34.94
- Slippage, 4 orders
- −$56.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.66
- Costs to cover
- 0.789%
- Break-even
- 20.3 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 50 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 OKX live order book, 5 min ago | 2.31 bp | 19.8 bp −$20 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 6.89 bp | 23.8 bp −$24 | 51.6 bp −$516 | 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 | 0.2162 | −0.092% | $182K | $120K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2161 | −0.129% | $294K | $846K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2160 | −0.180% | $214K | $225K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2163 | −0.046% | $14K | $360K | 10x | as long as short |
| Bybit DOSUSDT | +0.0112% | 4h | 0.2162 | −0.092% | $838K | $177K | 20x | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0311% | 4h | 0.2164 | long leg | $1.2M | $2.0M | 20x | |
| BingX DOS-USDT | +0.0458% | 4h | 0.2163 | −0.046% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0488% | 4h | 0.2163 | −0.046% | $486K | $157K | 20x | as long as short |
| Binance DOSUSDT | +0.0489% | 4h | 0.2163 | −0.047% | $2.1M | $2.1M | 20x | as long as short |
| BloFin DOS-USDTshort | +0.0498% | 4h | 0.2160 | −0.185% | $109K | $21K | 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 | +0.0800% | 4h | 0.2163 | −0.046% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT