Funding you earn now, next payment 08:00 UTC−0.0576%/8h= −63.0% APRnext payment −$5.76 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against BloFin+0.122%48s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as 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−$480.480% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.122%, 7d avg −0.025%
=The price spread pays, funding is against you. Gate is 0.147% dearer against BloFin than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.025%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.303%, so the current rate has only just turned against you. The two prices were read 48 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 0.303% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.76 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 | 572.74 | 0.0576 | pay 0.0576% / 8h | 2h 14m | $321K | $232K | 20x |
| Short | Gate DELL_USDT | 573.44 | 0 | get 0.0000% / 8h | 2h 14m | $4.1M | $7.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$120.9
- Price spread: +0.122% → −0.025%
- $14.68
- Slippage, 4 orders
- −$21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$154.22
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Gate: live order book, 4 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, 11 min ago | 0.17 bp | 9.9 bp −$10 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.49 bp | 15.0 bp −$15 | 31.0 bp −$310 | 76.8 bp −$7,678 | 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 | 572.55 | −0.034% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDTshort | 0.0000% | 8h | 573.44 | +0.122% | $4.1M | $7.2M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 573.43 | +0.120% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.45 | +0.124% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.187% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 572.69 | −0.009% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0072% | 1h | 573.21 | +0.082% | $7K | $54K | 10x | as long as short |
| Bybit DELLUSDT | +0.0097% | 8h | 573.20 | +0.080% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.58 | −0.028% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.87 | +0.197% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 572.75 | +0.002% | $17K | $59K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0275% | 8h | 573.79 | +0.183% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0358% | 4h | 572.91 | +0.029% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0506% | 8h | 572.83 | +0.015% | $258K | $61K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0510% | 8h | 573.24 | +0.087% | $820 | $152K | 10x | as long as short |
| BloFin DELL-USDTlong | +0.0576% | 8h | 572.74 | long leg | $321K | $232K | 20x | |
| Binance DELLUSDT | +0.0598% | 8h | 573.47 | +0.127% | $18.4M | $66.8M | 20x | as long as short |
| Extended DELL-USD | +0.0600% | 1h | 573.43 | +0.121% | $335K | $1.1M | 10x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 572.63 | −0.019% | $3K | $260K | 10x | as long as short |
| Nado DELL-PERP | +0.0800% | 1h | 572.24 | −0.088% | $69K | $20K | 10x | as long as short |
BloFin DELL-USDT
Gate DELL_USDT
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
Bybit DELLUSDT
KuCoin DELLUSDTM
HTX DELL-USDT
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
Phoenix DELL