Funding you earn now, next payment 07:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h −0.003%
Price spread now: tradeXYZ against Bybit−0.120%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.120%, 7d avg −0.042%
=Together, before fees+0.112%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.078% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DELLUSDT | 573.88 | 0.0125 | pay 0.0125% / 8h | 1h 25m | $6.1M | $4.0M | 50x |
| Short | tradeXYZ xyz:DELL | 573.19 | 0.0090 | get 0.0011% / 1h | 25m 49s | $7.5M | $7.0M | 10x |
Bybit DELLUSDT
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$7.43
- Price spread: −0.120% → −0.042%
- −$7.81
- Slippage, 4 orders
- −$29.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$73.87
- Costs to cover
- 0.586%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: 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, 2 min ago | 2.53 bp | 17.3 bp −$17 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.79 bp | 15.7 bp −$16 | doesn't fit | 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 | 573.39 | −0.085% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.91 | +0.005% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.02 | +0.024% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.91 | +0.005% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.385% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0090% | 1h | 573.19 | −0.120% | $7.5M | $7.0M | 10x | |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.28 | −0.105% | $940K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.30 | +0.073% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.29 | −0.103% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDTlong | +0.0125% | 8h | 573.88 | long leg | $6.1M | $4.0M | 50x |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0128% | 4h | 573.57 | −0.054% | $5K | $332K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0195% | 1h | 573.75 | −0.023% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0270% | 8h | 574.04 | +0.028% | $5.8M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0499% | 8h | 573.11 | −0.133% | $259K | $61K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0560% | 8h | 573.12 | −0.132% | $630 | $147K | 10x | as long as short |
| BloFin DELL-USDT | +0.0560% | 8h | 573.57 | −0.054% | $323K | $234K | 20x | as long as short |
| Binance DELLUSDT | +0.0582% | 8h | 574.17 | +0.051% | $18.4M | $67.0M | 20x | as long as short |
| Extended DELL-USD | +0.0584% | 1h | 573.99 | +0.018% | $335K | $1.1M | 10x | as long as short |
| Phoenix DELL | +0.0863% | 1h | 572.96 | −0.160% | $3K | $228K | 10x | as long as short |
| Nado DELL-PERP | +0.0882% | 1h | 572.93 | −0.166% | $69K | $20K | 10x | as long as short |
edgeX DELLUSDC
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Phoenix DELL
Nado DELL-PERP