Funding you earn now, next payment 08:00 UTC−0.0377%/8h= −41.3% APRpaid last 24h −0.018%
Price spread now: tradeXYZ against Binance−0.082%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.082%, 7d avg −0.038%
=Together, before fees+0.168%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and tradeXYZ is 0.044% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.5% a year). A funding rate is set anew for every payment. 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 | Binance DELLUSDT | 573.20 | 0.0507 | pay 0.0507% / 8h | 50m 19s | $18.3M | $66.8M | 20x |
| Short | tradeXYZ xyz:DELL | 572.73 | 0.0129 | get 0.0016% / 1h | 50m 19s | $7.5M | $6.9M | 10x |
Binance DELLUSDT
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$79.26
- Price spread: −0.082% → −0.038%
- −$4.42
- Slippage, 4 orders
- −$17.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$129.31
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 7 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 Binance live order book, 7 min ago | 0.09 bp | 9.8 bp −$10 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.13 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 572.50 | −0.123% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.03 | −0.030% | $4.1M | $7.0M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.41 | +0.037% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.68 | +0.084% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.267% | $8K | $83K | 12x | as long as short |
| Bybit DELLUSDT | +0.0072% | 8h | 573.03 | −0.030% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.55 | −0.113% | $938K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.45 | +0.044% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.43 | +0.040% | $18K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0129% | 1h | 572.73 | −0.082% | $7.5M | $6.9M | 10x |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0173% | 4h | 573.18 | −0.003% | $5K | $333K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0193% | 1h | 572.95 | −0.044% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0218% | 8h | 573.06 | −0.024% | $5.8M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0406% | 8h | 573.12 | −0.013% | $259K | $61K | — | as long as short |
| Extended DELL-USD | +0.0504% | 1h | 573.01 | −0.032% | $333K | $2.1M | 10x | as long as short |
| Binance DELLUSDTlong | +0.0507% | 8h | 573.20 | long leg | $18.3M | $66.8M | 20x | |
| GRVT DELL_USDT_Perp | +0.0525% | 8h | 572.80 | −0.071% | $974 | $147K | 10x | as long as short |
| BloFin DELL-USDT | +0.0530% | 8h | 573.61 | +0.072% | $323K | $234K | 20x | as long as short |
| Nado DELL-PERP | +0.0782% | 1h | 572.36 | −0.146% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.0893% | 1h | 573.02 | −0.031% | $3K | $228K | 10x | as long as short |
edgeX DELLUSDC
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
Extended DELL-USD
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL