Funding you earn now, next payment 12:00 UTC−0.0423%/8h= −46.3% APRpaid last 24h −0.056%
Price spread now: tradeXYZ against BloFin−0.184%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.184%, 7d avg −0.075%
=Together, before fees+0.126%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and tradeXYZ is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DELL-USDT | 574.94 | 0.0473 | pay 0.0473% / 8h | 4h 43m | $328K | $244K | 20x |
| Short | tradeXYZ xyz:DELL | 573.88 | 0.0050 | get 0.0006% / 1h | 43m 16s | $7.6M | $6.7M | 10x |
BloFin DELL-USDT
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$88.76
- Price spread: −0.184% → −0.075%
- −$10.94
- Slippage, 4 orders
- −$17.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$147.02
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; tradeXYZ: live order book, 8 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, 60 min ago | 0.35 bp | 9.8 bp −$10 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.87 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 exchanges
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 | 574.42 | −0.090% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 574.46 | −0.083% | $6.2M | $3.8M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.77 | −0.030% | $3.7M | $4.5M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.64 | −0.052% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 573.13 | −0.315% | $4K | $10K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 573.88 | −0.184% | $7.6M | $6.7M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 574.15 | −0.137% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.38 | −0.097% | $939K | $263K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.02 | +0.014% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.55 | −0.068% | $17K | $52K | 10x | as long as short |
Aster DELLUSDT
Bybit DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0128% | 4h | 574.46 | −0.083% | $5K | $334K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0130% | 8h | 574.86 | −0.014% | $5.8M | $6.9M | 20x | as long as short |
| Gate DELL_USDT | +0.0228% | 8h | 574.86 | −0.014% | $4.0M | $6.3M | 50x | as long as short |
| Variational Omni DELL | +0.0372% | 8h | 574.18 | −0.132% | $259K | $50K | — | as long as short |
| Nado DELL-PERP | +0.0405% | 1h | 574.07 | −0.152% | $69K | $20K | 10x | as long as short |
| Binance DELLUSDT | +0.0470% | 8h | 574.74 | −0.035% | $18.3M | $67.7M | 20x | as long as short |
| Extended DELL-USD | +0.0472% | 1h | 574.52 | −0.072% | $336K | $2.6M | 10x | as long as short |
| BloFin DELL-USDTlong | +0.0473% | 8h | 574.94 | long leg | $328K | $244K | 20x | |
| GRVT DELL_USDT_Perp | +0.0878% | 8h | 574.55 | −0.069% | $1K | $133K | 10x | as long as short |
| Phoenix DELL | +0.1028% | 1h | 574.25 | −0.120% | $3K | $230K | 10x | as long as short |
edgeX DELLUSDC
OKX DELL-USDT-SWAP
Gate DELL_USDT
Variational Omni DELL
Nado DELL-PERP
Binance DELLUSDT
Extended DELL-USD
GRVT DELL_USDT_Perp
Phoenix DELL