Funding you earn now, next payment 16:00 UTC−0.0250%/8h= −27.3% APRnext payment −$1.25 per $10,000 · paid last 24h −0.113%
Price spread now: KuCoin against OKX−0.111%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,084as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,102as in the Price arb table
costs, in and out, $10k−$1,07510.748% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.420%+$42 · spread now −0.111%, 7d avg +0.166%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.277% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.166%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.25 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DOS-USDT-SWAP | 0.2153 | 0.0350 | pay 0.0175% / 4h | 3h 25m | $1.1M | $1.9M | 20x |
| Short | KuCoin DOSUSDTM | 0.2151 | 0.0100 | get 0.0050% / 4h | 3h 25m | $288K | $1.0M | 20x |
OKX DOS-USDT-SWAP
KuCoin DOSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$52.4
- Price spread: −0.111% → +0.166%
- −$27.71
- Slippage, 4 orders
- −$1,052.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,154.87
- Costs to cover
- 10.748%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 2 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 | 4.65 bp | 21.9 bp −$22 | 467.1 bp −$4,671 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 20.65 bp | 421.8 bp −$422 | doesn't fit | doesn't fit | doesn't fit |
DOS on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DOS-USDT | +0.0041% | 4h | 0.2155 | +0.093% | $102K | $22K | 20x | as long as short |
| Binance DOSUSDT | +0.0100% | 4h | 0.2154 | +0.032% | $2.0M | $2.6M | 20x | as long as short |
| Gate DOS_USDT | +0.0100% | 4h | 0.2153 | 0.000% | $172K | $296K | 20x | as long as short |
| MEXC DOS_USDT | +0.0100% | 4h | 0.2153 | 0.000% | $489K | $181K | 20x | as long as short |
| KuCoin DOSUSDTMshort | +0.0100% | 4h | 0.2151 | −0.111% | $288K | $1.0M | 20x | |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2154 | +0.037% | $244K | $408K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2154 | +0.046% | $15K | $307K | 10x | as long as short |
| BingX DOS-USDT | +0.0326% | 4h | 0.2155 | +0.093% | — | $1.7M | — | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0350% | 4h | 0.2153 | long leg | $1.1M | $1.9M | 20x | |
| Bybit DOSUSDT | +0.0512% | 4h | 0.2153 | 0.000% | $882K | $218K | 20x | as long as short |
BloFin DOS-USDT
Binance DOSUSDT
Gate DOS_USDT
MEXC DOS_USDT
Bitget DOSUSDT
HTX DOS-USDT
BingX DOS-USDT
Bybit DOSUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0565% | 4h | 0.2154 | +0.045% | $11K | $12K | 5x | as long as short |
Aster DOSUSDT