Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRnext payment +$1.78 per $10,000 · paid last 24h +0.097%
Price spread now: OKX against Gate+0.046%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.046%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.082% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.78 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 | Gate DOS_USDT | 0.2179 | 0.0100 | pay 0.0050% / 4h | 39m 14s | $175K | $271K | 20x |
| Short | OKX DOS-USDT-SWAP | 0.2180 | 0.0456 | get 0.0228% / 4h | 39m 14s | $1.2M | $2.1M | 20x |
Gate DOS_USDT
OKX DOS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $74.7
- Price spread: +0.046% → −0.036%
- $8.18
- Slippage, 4 orders
- −$104.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.43
- Costs to cover
- 1.293%
- Break-even
- 11.4 days
Slippage from Gate: live order book, 58 min ago; OKX: live order book, 3 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 Gate live order book, 58 min ago | 9.20 bp | 42.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.29 bp | 24.4 bp −$24 | 156.3 bp −$1,563 | 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_USDTlong | +0.0100% | 4h | 0.2179 | long leg | $175K | $271K | 20x | |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2182 | +0.156% | $302K | $908K | 20x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2179 | 0.000% | $14K | $374K | 10x | as long as short |
| Bitget DOSUSDT | +0.0156% | 4h | 0.2180 | +0.060% | $232K | $365K | 10x | as long as short |
| Bybit DOSUSDT | +0.0181% | 4h | 0.2184 | +0.229% | $851K | $179K | 20x | as long as short |
| BloFin DOS-USDT | +0.0454% | 4h | 0.2183 | +0.184% | $108K | $26K | 20x | as long as short |
| OKX DOS-USDT-SWAPshort | +0.0456% | 4h | 0.2180 | +0.046% | $1.2M | $2.1M | 20x | |
| BingX DOS-USDT | +0.0464% | 4h | 0.2179 | 0.000% | — | $1.7M | — | as long as short |
| Binance DOSUSDT | +0.0479% | 4h | 0.2180 | +0.046% | $2.1M | $2.7M | 20x | as long as short |
| MEXC DOS_USDT | +0.0482% | 4h | 0.2181 | +0.092% | $528K | $176K | 20x | as long as short |
KuCoin DOSUSDTM
HTX DOS-USDT
Bitget DOSUSDT
Bybit DOSUSDT
BloFin DOS-USDT
BingX DOS-USDT
Binance DOSUSDT
MEXC DOS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0851% | 4h | 0.2179 | +0.005% | $6K | $10K | 5x | as long as short |
Aster DOSUSDT