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−0.0330%/8h= −36.2% APRnext payment $1.65 per $10,000 · paid last 24h −0.075%
Price spread now: Bybit against MEXC−0.046%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$744as in the Funding arb table
Net, price: spread back to 7d avg − costs−$725as in the Price arb table
costs, in and out, $10k−$7257.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.046%, 7d avg −0.046%
Together, before fees−0.187%−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.186% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.65 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
LongMEXC DOS_USDT0.21710.0572pay 0.0286% / 4h25m 08s$484K$158K20x
ShortBybit DOSUSDT0.21700.0242get 0.0121% / 4h25m 08s$840K$165K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
−$69.38
Price spread: −0.046% → −0.046%
$0.02
Slippage, 4 orders
−$709.97
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$794.33
Costs to cover
7.250%
Break-even
never at this rate
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 50 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 MEXC live order book, 44 min ago4.62 bp10.9 bp −$1133.6 bp −$336217.3 bp −$21.7K758.8 bp −$379.4K
Sell Bybit live order book, 50 min ago6.95 bp300.7 bp −$301doesn'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%4h0.2170−0.046%$182K$129K20xas long as short
KuCoin DOSUSDTM+0.0100%4h0.2170−0.037%$295K$867K20xas long as short
Bitget DOSUSDT+0.0100%4h0.2170−0.032%$227K$242K10xas long as short
HTX DOS-USDT+0.0100%4h0.2173+0.092%$15K$363K10xas long as short
Bybit DOSUSDTshort+0.0242%4h0.2170−0.046%$840K$165K20x
OKX DOS-USDT-SWAP+0.0373%4h0.2172+0.046%$1.2M$2.0M20xas long as short
BloFin DOS-USDT+0.0557%4h0.21710.000%$109K$21K20xas long as short
BingX DOS-USDT+0.0558%4h0.2173+0.092%$1.7Mas long as short
Binance DOSUSDT+0.0566%4h0.2170−0.042%$2.1M$2.2M20xas long as short
MEXC DOS_USDTlong+0.0572%4h0.2171long leg$484K$158K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0875%4h0.2172+0.048%$6K$11K5xas long as short