Funding you earn now, next payment 12:00 UTC−0.0292%/8h= −32.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.114%
Price spread now: Gate against OKX−0.092%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1251.253% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.427%+$43 · spread now −0.092%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.128% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.46 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 | 0.2169 | 0.0392 | pay 0.0196% / 4h | 3h 45m | $1.2M | $2.1M | 20x |
| Short | Gate DOS_USDT | 0.2167 | 0.0100 | get 0.0050% / 4h | 3h 45m | $174K | $271K | 20x |
OKX DOS-USDT-SWAP
Gate DOS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$61.31
- Price spread: −0.092% → +0.036%
- −$12.78
- Slippage, 4 orders
- −$100.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$199.41
- Costs to cover
- 1.253%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 46 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, 2 min ago | 2.31 bp | 26.2 bp −$26 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 6.91 bp | 41.9 bp −$42 | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.2167 | −0.092% | $174K | $271K | 20x | |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2166 | −0.143% | $299K | $915K | 20x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2169 | 0.000% | $14K | $376K | 10x | as long as short |
| Bitget DOSUSDT | +0.0172% | 4h | 0.2170 | +0.023% | $233K | $373K | 10x | as long as short |
| Bybit DOSUSDT | +0.0268% | 4h | 0.2168 | −0.046% | $869K | $191K | 20x | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0392% | 4h | 0.2169 | long leg | $1.2M | $2.1M | 20x | |
| BingX DOS-USDT | +0.0436% | 4h | 0.2168 | −0.046% | — | $1.6M | — | as long as short |
| Binance DOSUSDT | +0.0439% | 4h | 0.2168 | −0.034% | $2.1M | $2.7M | 20x | as long as short |
| MEXC DOS_USDT | +0.0442% | 4h | 0.2168 | −0.046% | $512K | $177K | 20x | as long as short |
| BloFin DOS-USDT | +0.0459% | 4h | 0.2172 | +0.138% | $109K | $26K | 20x | as long as short |
KuCoin DOSUSDTM
HTX DOS-USDT
Bitget DOSUSDT
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 | +0.0785% | 4h | 0.2170 | +0.027% | $6K | $9K | 5x | as long as short |
Aster DOSUSDT