Funding you earn now, next payment 08:00 UTC−0.0526%/8h= −57.6% APRnext payment −$5.26 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against BloFin−0.040%52s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$530.528% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.040%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you. The two prices were read 52 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 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.26 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 | 574.01 | 0.0630 | pay 0.0630% / 8h | 2h 12m | $320K | $232K | 20x |
| Short | Bybit DELLUSDT | 573.78 | 0.0104 | get 0.0104% / 8h | 2h 12m | $6.1M | $4.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$110.45
- Price spread: −0.040% → −0.033%
- −$0.7
- Slippage, 4 orders
- −$29.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$163.91
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; Bybit: live order book, 5 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, 12 min ago | 0.17 bp | 9.9 bp −$10 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.23 bp | 13.7 bp −$14 | 92.6 bp −$926 | 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 | 573.16 | −0.148% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.92 | −0.016% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.14 | +0.023% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.04 | +0.005% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.408% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 573.55 | −0.080% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0092% | 1h | 573.86 | −0.026% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.13 | −0.153% | $940K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.55 | +0.094% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.45 | +0.077% | $17K | $59K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDTshort | +0.0104% | 8h | 573.78 | −0.040% | $6.1M | $4.0M | 50x | |
| OKX DELL-USDT-SWAP | +0.0279% | 8h | 574.38 | +0.064% | $5.8M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0506% | 8h | 572.83 | −0.206% | $258K | $61K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0520% | 8h | 572.64 | −0.239% | $819 | $152K | 10x | as long as short |
| Extended DELL-USD | +0.0600% | 1h | 573.99 | −0.004% | $335K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0605% | 8h | 574.38 | +0.065% | $18.4M | $66.8M | 20x | as long as short |
| BloFin DELL-USDTlong | +0.0630% | 8h | 574.01 | long leg | $320K | $232K | 20x | |
| Phoenix DELL | +0.0685% | 1h | 572.63 | −0.240% | $3K | $260K | 10x | as long as short |
| edgeX DELLUSDC | +0.0752% | 4h | 572.82 | −0.208% | $5K | $335K | 10x | as long as short |
| Nado DELL-PERP | +0.0810% | 1h | 572.87 | −0.199% | $69K | $20K | 10x | as long as short |
BloFin DELL-USDT
Bybit DELLUSDT
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL
edgeX DELLUSDC