Settings8H · net · $10k
Funding arb · Price arb /

DOS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0339%/8h= −37.1% APRnext payment $1.69 per $10,000 · paid last 24h −0.146%
Price spread now: Gate against BloFin−0.139%108s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1661.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.223%−$22 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.139%, 7d avg −0.118%
Together, before fees−0.369%−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.118%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.69 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
LongBloFin DOS-USDT0.21590.0439pay 0.0219% / 4h3h 53m$111K$22K20x
ShortGate DOS_USDT0.21560.0100get 0.0050% / 4h3h 53m$176K$166K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$71.12
Price spread: −0.139% → −0.118%
−$2.14
Slippage, 4 orders
−$138.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$238.8
Costs to cover
1.655%
Break-even
never at this rate
Slippage from BloFin: live order book, 35 min ago; Gate: live order book, 57 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 BloFin live order book, 35 min ago6.93 bp30.1 bp −$3090.9 bp −$909doesn't fitdoesn't fit
Sell Gate live order book, 57 min ago6.95 bp68.8 bp −$69doesn'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_USDTshort+0.0100%4h0.2156−0.139%$176K$166K20x
KuCoin DOSUSDTM+0.0100%4h0.2161+0.093%$298K$896K20xas long as short
HTX DOS-USDT+0.0100%4h0.2152−0.324%$14K$372K10xas long as short
Bitget DOSUSDT+0.0114%4h0.2160+0.028%$205K$293K10xas long as short
BloFin DOS-USDTlong+0.0439%4h0.2159long leg$111K$22K20x
MEXC DOS_USDT+0.0440%4h0.21590.000%$466K$160K20xas long as short
Binance DOSUSDT+0.0442%4h0.2161+0.081%$2.1M$2.5M20xas long as short
BingX DOS-USDT+0.0462%4h0.2163+0.185%$1.6Mas long as short
OKX DOS-USDT-SWAP+0.0474%4h0.2163+0.185%$1.2M$2.1M20xas long as short
Bybit DOSUSDT+0.0639%4h0.2162+0.139%$845K$183K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0840%4h0.2158−0.051%$6K$11K5xas long as short