Funding you earn now, next payment 04:00 UTC+0.0211%/8h= +23.1% APRnext payment +$1.05 per $10,000 · paid last 24h +0.085%
Price spread now: OKX against Gate+0.231%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1691.693% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.494%−$49 · spread now +0.231%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.274% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.05 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 | Gate DOS_USDT | 0.2162 | 0.0100 | pay 0.0050% / 4h | 23m 43s | $177K | $166K | 20x |
| Short | OKX DOS-USDT-SWAP | 0.2167 | 0.0311 | get 0.0155% / 4h | 23m 43s | $1.2M | $2.1M | 20x |
Gate DOS_USDT
OKX DOS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $44.29
- Price spread: +0.231% → −0.042%
- $27.37
- Slippage, 4 orders
- −$144.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$97.6
- Costs to cover
- 1.693%
- Break-even
- 22.4 days
Slippage from Gate: live order book, 27 min ago; OKX: live order book, 3 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 Gate live order book, 27 min ago | 6.95 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.31 bp | 22.6 bp −$23 | 87.8 bp −$878 | 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_USDTlong | +0.0100% | 4h | 0.2162 | long leg | $177K | $166K | 20x | |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2168 | +0.264% | $298K | $896K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2166 | +0.185% | $206K | $295K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2168 | +0.278% | $15K | $372K | 10x | as long as short |
| OKX DOS-USDT-SWAPshort | +0.0311% | 4h | 0.2167 | +0.231% | $1.2M | $2.1M | 20x | |
| Bybit DOSUSDT | +0.0367% | 4h | 0.2167 | +0.231% | $845K | $179K | 20x | as long as short |
| BloFin DOS-USDT | +0.0385% | 4h | 0.2167 | +0.231% | $112K | $22K | 20x | as long as short |
| BingX DOS-USDT | +0.0390% | 4h | 0.2166 | +0.185% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0400% | 4h | 0.2166 | +0.185% | $468K | $164K | 20x | as long as short |
| Binance DOSUSDT | +0.0401% | 4h | 0.2166 | +0.185% | $2.2M | $2.5M | 20x | as long as short |
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
Bybit DOSUSDT
BloFin DOS-USDT
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 | +0.0783% | 4h | 0.2165 | +0.125% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT