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

DOS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0413%/8h= +45.2% APRnext payment +$2.07 per $10,000 · paid last 24h +0.115%
Price spread now: BloFin against Gate+0.093%93s7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1231.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 3 days (all we have)+0.239%+$24 · spread now +0.093%, 7d avg +0.121%
Together, before fees+0.421%+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread +0.093% now, against its 7-day average of +0.121%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.183% in total) that is about 26 hours. The two prices were read 93 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 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 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
LongGate DOS_USDT0.21590.0100pay 0.0050% / 4h1h 25m$182K$120K20x
ShortBloFin DOS-USDT0.21610.0513get 0.0257% / 4h1h 25m$109K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$86.76
Price spread: +0.093% → +0.121%
−$2.85
Slippage, 4 orders
−$95.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$38.86
Costs to cover
1.228%
Break-even
10.1 days
Slippage from Gate: live order book, 50 min ago; BloFin: live order book, 46 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 Gate live order book, 50 min ago4.60 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 46 min ago6.89 bp23.8 bp −$2451.6 bp −$516doesn'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
Bybit DOSUSDT+0.0100%4h0.21590.000%$837K$177K20xas long as short
Gate DOS_USDTlong+0.0100%4h0.2159long leg$182K$120K20x
KuCoin DOSUSDTM+0.0100%4h0.2159+0.009%$294K$846K20xas long as short
Bitget DOSUSDT+0.0100%4h0.2160+0.051%$214K$225K10xas long as short
HTX DOS-USDT+0.0100%4h0.2161+0.093%$14K$360K10xas long as short
OKX DOS-USDT-SWAP+0.0342%4h0.2161+0.093%$1.2M$2.0M20xas long as short
BingX DOS-USDT+0.0456%4h0.2161+0.093%$1.6Mas long as short
MEXC DOS_USDT+0.0478%4h0.2160+0.046%$486K$156K20xas long as short
Binance DOSUSDT+0.0479%4h0.2160+0.046%$2.1M$2.1M20xas long as short
BloFin DOS-USDTshort+0.0513%4h0.2161+0.093%$109K$21K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0792%4h0.2161+0.080%$6K$11K5xas long as short