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

DOS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0324%/8h= −35.5% APRnext payment $1.62 per $10,000 · paid last 24h −0.130%
Price spread now: KuCoin against BloFin+0.189%65s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$840as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8238.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$18 on $10k
Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.189%, 7d avg +0.018%
Together, before fees−0.588%−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.171% dearer against BloFin than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of +0.018%): +$17 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.175% in total) that is about 6.8 days. The two prices were read 65 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 -0.175% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.62 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
LongBloFin DOS-USDT0.21660.0424pay 0.0212% / 4h1h 25m$113K$22K20x
ShortKuCoin DOSUSDTM0.21700.0100get 0.0050% / 4h1h 25m$297K$888K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$68.01
Price spread: +0.189% → +0.018%
$17.11
Slippage, 4 orders
−$798.92
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$873.82
Costs to cover
8.229%
Break-even
never at this rate
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 18 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 BloFin live order book, 10 min ago4.61 bp21.8 bp −$2278.9 bp −$789doesn't fitdoesn't fit
Sell KuCoin live order book, 18 min ago18.74 bp241.9 bp −$242doesn't fitdoesn't fitdoesn't fit

DOS on 11 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%4h0.21660.000%$177K$164K20xas long as short
KuCoin DOSUSDTMshort+0.0100%4h0.2170+0.189%$297K$888K20x
Bitget DOSUSDT+0.0100%4h0.2167+0.046%$207K$298K10xas long as short
HTX DOS-USDT+0.0100%4h0.2164−0.092%$15K$369K10xas long as short
Bybit DOSUSDT+0.0273%4h0.2169+0.139%$845K$173K20xas long as short
OKX DOS-USDT-SWAP+0.0368%4h0.2170+0.185%$1.2M$2.1M20xas long as short
BloFin DOS-USDTlong+0.0424%4h0.2166long leg$113K$22K20x
Binance DOSUSDT+0.0462%4h0.2170+0.180%$2.2M$2.5M20xas long as short
BingX DOS-USDT+0.0468%4h0.2169+0.139%$1.6Mas long as short
MEXC DOS_USDT+0.0470%4h0.2169+0.139%$470K$163K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0730%4h0.2164−0.109%$6K$11K5xas long as short