Funding you earn now, next payment 08:00 UTC−0.0325%/8h= −35.6% APRnext payment −$1.63 per $10,000 · paid last 24h −0.093%
Price spread now: KuCoin against OKX−0.097%7-day average +0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,255as in the Price arb table
costs, in and out, $10k−$1,22712.273% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.421%+$42 · spread now −0.097%, 7d avg +0.177%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.273% cheaper against OKX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.63 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 | 0.2173 | 0.0425 | pay 0.0213% / 4h | 5m 10s | $1.2M | $2.1M | 20x |
| Short | KuCoin DOSUSDTM | 0.2171 | 0.0100 | get 0.0050% / 4h | 5m 10s | $300K | $913K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$68.25
- Price spread: −0.097% → +0.177%
- −$27.33
- Slippage, 4 orders
- −$1,205.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,322.86
- Costs to cover
- 12.273%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 9 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 | 4.60 bp | 24.9 bp −$25 | 155.8 bp −$1,558 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 13.79 bp | 414.2 bp −$414 | 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_USDT | +0.0100% | 4h | 0.2173 | 0.000% | $177K | $275K | 20x | as long as short |
| KuCoin DOSUSDTMshort | +0.0100% | 4h | 0.2171 | −0.097% | $300K | $913K | 20x | |
| HTX DOS-USDT | +0.0100% | 4h | 0.2172 | −0.046% | $14K | $375K | 10x | as long as short |
| Bitget DOSUSDT | +0.0188% | 4h | 0.2172 | −0.037% | $232K | $374K | 10x | as long as short |
| Bybit DOSUSDT | +0.0334% | 4h | 0.2174 | +0.046% | $847K | $176K | 20x | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0425% | 4h | 0.2173 | long leg | $1.2M | $2.1M | 20x | |
| BingX DOS-USDT | +0.0428% | 4h | 0.2173 | 0.000% | — | $1.6M | — | as long as short |
| MEXC DOS_USDT | +0.0456% | 4h | 0.2173 | 0.000% | $516K | $179K | 20x | as long as short |
| Binance DOSUSDT | +0.0461% | 4h | 0.2174 | +0.036% | $2.1M | $2.7M | 20x | as long as short |
| BloFin DOS-USDT | +0.0480% | 4h | 0.2175 | +0.092% | $109K | $26K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0816% | 4h | 0.2173 | 0.000% | $6K | $9K | 5x | as long as short |
OKX DOS-USDT-SWAP
KuCoin DOSUSDTM
Gate DOS_USDT
HTX DOS-USDT
Bitget DOSUSDT
Bybit DOSUSDT
BingX DOS-USDT
MEXC DOS_USDT
Binance DOSUSDT
BloFin DOS-USDT
Aster DOSUSDT