Funding you earn now, next payment 08:00 UTC+0.0496%/8h= +54.3% APRnext payment +$4.96 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against Bybit+0.044%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.044%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.050% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.96 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 | Bybit DELLUSDT | 576.92 | 0.0208 | pay 0.0208% / 8h | 3h 54m | $6.2M | $3.9M | 50x |
| Short | Binance DELLUSDT | 577.17 | 0.0704 | get 0.0704% / 8h | 3h 54m | $18.6M | $65.9M | 20x |
Bybit DELLUSDT
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $104.17
- Price spread: +0.044% → −0.006%
- $4.99
- Slippage, 4 orders
- −$24.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $63.64
- Costs to cover
- 0.455%
- Break-even
- 2.7 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 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 Bybit live order book, 4 min ago | 0.35 bp | 14.5 bp −$15 | 106.5 bp −$1,065 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.09 bp | 8.3 bp −$8 | 23.3 bp −$233 | 88.5 bp −$8,848 | 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 | 576.66 | −0.045% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.92 | 0.000% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.98 | +0.010% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.25 | +0.057% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.910% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.57 | −0.061% | $7.6M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.94 | +0.003% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.70 | −0.038% | $944K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.50 | +0.101% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.88 | −0.007% | $18K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
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 DELLUSDTlong | +0.0208% | 8h | 576.92 | long leg | $6.2M | $3.9M | 50x | |
| OKX DELL-USDT-SWAP | +0.0429% | 8h | 577.17 | +0.043% | $5.9M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0609% | 8h | 577.00 | +0.014% | $263K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0647% | 8h | 577.29 | +0.064% | $808 | $152K | 10x | as long as short |
| Phoenix DELL | +0.0679% | 1h | 577.17 | +0.043% | $3K | $260K | 10x | as long as short |
| BloFin DELL-USDT | +0.0680% | 8h | 577.06 | +0.024% | $323K | $220K | 20x | as long as short |
| edgeX DELLUSDC | +0.0690% | 4h | 577.11 | +0.033% | $5K | $333K | 10x | as long as short |
| Extended DELL-USD | +0.0704% | 1h | 576.97 | +0.009% | $334K | $1.2M | 10x | as long as short |
| Binance DELLUSDTshort | +0.0704% | 8h | 577.17 | +0.044% | $18.6M | $65.9M | 20x | |
| Nado DELL-PERP | +0.0780% | 1h | 576.40 | −0.090% | $69K | $18K | 10x | as long as short |
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Phoenix DELL
BloFin DELL-USDT
edgeX DELLUSDC
Extended DELL-USD
Nado DELL-PERP