Funding you earn now, next payment 04:00 UTC−0.0499%/8h= −54.6% APRpaid last 24h −0.139%
Price spread now: Bybit against edgeX−0.072%61s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as 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−$560.556% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.072%, 7d avg −0.010%
=Together, before fees−0.129%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.062% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 61 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 -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment. 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 | edgeX DELLUSDC | 578.95 | 0.0729 | pay 0.0364% / 4h | 3h 08m | $5K | $333K | 10x |
| Short | Bybit DELLUSDT | 578.53 | 0.0230 | get 0.0230% / 8h | 7h 08m | $6.1M | $3.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$104.79
- Price spread: −0.072% → −0.010%
- −$6.17
- Slippage, 4 orders
- −$35.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$166.59
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 65 min ago; Bybit: 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 edgeX live order book, 65 min ago | 4.41 bp | 9.2 bp −$9 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.25 bp | 13.1 bp −$13 | 84.0 bp −$840 | 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 | 577.93 | −0.175% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.99 | +0.007% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.257% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.24 | −0.122% | $948K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.64 | +0.120% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.95 | 0.000% | $18K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0131% | 1h | 577.97 | −0.169% | $7.4M | $6.9M | 10x | as long as short |
| Gate DELL_USDT | +0.0138% | 8h | 578.56 | −0.067% | $4.1M | $7.7M | 50x | as long as short |
| Bitget DELLUSDT | +0.0189% | 8h | 578.94 | −0.001% | $3.6M | $4.7M | 20x | as long as short |
| Bybit DELLUSDTshort | +0.0230% | 8h | 578.53 | −0.072% | $6.1M | $3.9M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0487% | 8h | 578.92 | −0.005% | $263K | $82K | — | as long as short |
| Polymarket Perps DELL-USD | +0.0537% | 1h | 578.53 | −0.072% | $8K | $54K | 10x | as long as short |
| BloFin DELL-USDT | +0.0603% | 8h | 578.99 | +0.007% | $321K | $222K | 20x | as long as short |
| Extended DELL-USD | +0.0608% | 1h | 578.74 | −0.035% | $340K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0610% | 8h | 578.88 | −0.012% | $18.7M | $65.3M | 20x | as long as short |
| OKX DELL-USDT-SWAP | +0.0679% | 8h | 579.11 | +0.028% | $5.9M | $6.5M | 20x | as long as short |
| edgeX DELLUSDClong | +0.0729% | 4h | 578.95 | long leg | $5K | $333K | 10x | |
| Phoenix DELL | +0.0790% | 1h | 578.78 | −0.029% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0793% | 1h | 578.10 | −0.146% | $69K | $15K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1390% | 8h | 579.09 | +0.025% | $764 | $159K | 10x | as long as short |
edgeX DELLUSDC
Bybit DELLUSDT
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
HTX DELL-USDT
tradeXYZ xyz:DELL
Gate DELL_USDT
Bitget DELLUSDT
Variational Omni DELL
Polymarket Perps DELL-USD
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
OKX DELL-USDT-SWAP
Phoenix DELL
GRVT DELL_USDT_Perp