Funding you earn now, next payment 08:00 UTC−0.0308%/8h= −33.8% APRnext payment −$1.54 per $10,000 · paid last 24h −0.093%
Price spread now: Bitget against OKX+0.005%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.005%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.021% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.54 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 | OKX DOS-USDT-SWAP | 0.2181 | 0.0464 | pay 0.0232% / 4h | 39m 21s | $1.2M | $2.1M | 20x |
| Short | Bitget DOSUSDT | 0.2181 | 0.0156 | get 0.0078% / 4h | 39m 21s | $232K | $365K | 10x |
OKX DOS-USDT-SWAP
Bitget DOSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$64.78
- Price spread: +0.005% → +0.026%
- −$2.15
- Slippage, 4 orders
- −$72.95
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$161.88
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 56 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, 3 min ago | 2.29 bp | 22.9 bp −$23 | 145.4 bp −$1,454 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 56 min ago | 4.83 bp | 19.6 bp −$20 | 91.6 bp −$916 | 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_USDT | +0.0100% | 4h | 0.2179 | −0.092% | $175K | $271K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2182 | +0.064% | $302K | $908K | 20x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2181 | 0.000% | $14K | $374K | 10x | as long as short |
| Bitget DOSUSDTshort | +0.0156% | 4h | 0.2181 | +0.005% | $232K | $365K | 10x | |
| Bybit DOSUSDT | +0.0181% | 4h | 0.2184 | +0.138% | $851K | $179K | 20x | as long as short |
| BingX DOS-USDT | +0.0464% | 4h | 0.2183 | +0.092% | — | $1.7M | — | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0464% | 4h | 0.2181 | long leg | $1.2M | $2.1M | 20x | |
| Binance DOSUSDT | +0.0479% | 4h | 0.2182 | +0.046% | $2.1M | $2.7M | 20x | as long as short |
| MEXC DOS_USDT | +0.0482% | 4h | 0.2181 | 0.000% | $528K | $176K | 20x | as long as short |
| BloFin DOS-USDT | +0.0546% | 4h | 0.2183 | +0.092% | $108K | $26K | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
HTX DOS-USDT
Bybit DOSUSDT
BingX DOS-USDT
Binance DOSUSDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0851% | 4h | 0.2180 | −0.068% | $6K | $10K | 5x | as long as short |
Aster DOSUSDT