Funding you earn now, next payment 04:00 UTC+0.0219%/8h= +24.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against OKX−0.138%7-day average +0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 3 days (all we have)+0.469%+$47 · spread now −0.138%, 7d avg +0.165%
=Funding pays, the price is against you. BloFin is 0.303% cheaper against OKX than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of +0.165%). If the spread goes back, that is −$30 on $10k: about 4.6 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.136% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.136% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 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 | 0.2180 | 0.0303 | pay 0.0151% / 4h | 3h 31m | $1.2M | $2.1M | 20x |
| Short | BloFin DOS-USDT | 0.2177 | 0.0522 | get 0.0261% / 4h | 3h 31m | $112K | $22K | 20x |
OKX DOS-USDT-SWAP
BloFin DOS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $46.02
- Price spread: −0.138% → +0.165%
- −$30.27
- Slippage, 4 orders
- −$70.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.6
- Costs to cover
- 0.923%
- Break-even
- 18.7 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 24 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, 1 min ago | 2.30 bp | 23.1 bp −$23 | 82.8 bp −$828 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 9.20 bp | 28.4 bp −$28 | 84.2 bp −$842 | 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 | 0.2176 | −0.183% | $181K | $149K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2176 | −0.170% | $297K | $879K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2178 | −0.069% | $215K | $287K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2180 | 0.000% | $15K | $364K | 10x | as long as short |
| OKX DOS-USDT-SWAPlong | +0.0303% | 4h | 0.2180 | long leg | $1.2M | $2.1M | 20x | |
| Bybit DOSUSDT | +0.0444% | 4h | 0.2177 | −0.138% | $841K | $165K | 20x | as long as short |
| BloFin DOS-USDTshort | +0.0522% | 4h | 0.2177 | −0.138% | $112K | $22K | 20x | |
| BingX DOS-USDT | +0.0552% | 4h | 0.2180 | 0.000% | — | $1.6M | — | as long as short |
| Binance DOSUSDT | +0.0574% | 4h | 0.2179 | −0.046% | $2.2M | $2.4M | 20x | as long as short |
| MEXC DOS_USDT | +0.0580% | 4h | 0.2180 | 0.000% | $488K | $161K | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
Bybit DOSUSDT
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 | +0.0815% | 4h | 0.2177 | −0.121% | $6K | $13K | 5x | as long as short |
Aster DOSUSDT