Funding you earn now, next payment 08:00 UTC−0.0662%/8h= −72.5% APRnext payment −$6.62 per $10,000 · paid last 24h −0.028%
Price spread now: Bitget against BloFin−0.091%75s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.496% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.091%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 75 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 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.62 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 | BloFin DELL-USDT | 573.74 | 0.0662 | pay 0.0662% / 8h | 3h 02m | $322K | $219K | 20x |
| Short | Bitget DELLUSDT | 573.22 | 0 | get 0.0000% / 8h | 3h 02m | $3.6M | $4.7M | 20x |
BloFin DELL-USDT
Bitget DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$139.12
- Price spread: −0.091% → −0.043%
- −$4.71
- Slippage, 4 orders
- −$25.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$193.46
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; Bitget: live order book, 1 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 BloFin live order book, 28 min ago | 0.09 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.62 bp | 12.3 bp −$12 | 41.1 bp −$411 | 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 | 572.97 | −0.134% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.13 | −0.106% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDTshort | 0.0000% | 8h | 573.22 | −0.091% | $3.6M | $4.7M | 20x | |
| Lighter DELL | +0.0032% | 1h | 573.20 | −0.094% | $33K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.361% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 572.74 | −0.174% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 572.74 | −0.174% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.10 | −0.112% | $939K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.56 | −0.031% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.94 | +0.035% | $17K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0133% | 8h | 572.98 | −0.132% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0327% | 8h | 572.93 | −0.141% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0508% | 4h | 573.22 | −0.091% | $5K | $334K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0548% | 8h | 573.24 | −0.088% | $791 | $151K | 10x | as long as short |
| Variational Omni DELL | +0.0557% | 8h | 573.52 | −0.038% | $261K | $61K | — | as long as short |
| Binance DELLUSDT | +0.0648% | 8h | 572.96 | −0.136% | $18.4M | $66.3M | 20x | as long as short |
| Extended DELL-USD | +0.0648% | 1h | 572.86 | −0.153% | $333K | $1.1M | 10x | as long as short |
| BloFin DELL-USDTlong | +0.0662% | 8h | 573.74 | long leg | $322K | $219K | 20x | |
| Nado DELL-PERP | +0.0764% | 1h | 573.15 | −0.103% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 573.15 | −0.103% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
edgeX DELLUSDC
GRVT DELL_USDT_Perp
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
Nado DELL-PERP
Phoenix DELL