Funding you earn now, next payment 04:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.098%
Price spread now: OKX against edgeX+0.119%101s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$620.620% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.119%, 7d avg +0.045%
=Together, before fees−0.237%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.074% dearer against edgeX than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.045%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.117% in total) that is about 4.4 days. The two prices were read 101 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 -0.117% in total (about -6.1% 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 | 578.65 | 0.0918 | pay 0.0459% / 4h | 3h 29m | $5K | $334K | 10x |
| Short | OKX DELL-USDT-SWAP | 579.34 | 0.0676 | get 0.0676% / 8h | 7h 29m | $5.9M | $6.5M | 20x |
edgeX DELLUSDC
OKX DELL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$50.89
- Price spread: +0.119% → +0.045%
- $7.42
- Slippage, 4 orders
- −$42.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.45
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 43 min ago; OKX: 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 edgeX live order book, 43 min ago | 4.41 bp | 9.2 bp −$9 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.16 bp | 20.0 bp −$20 | 71.8 bp −$718 | 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 | 578.15 | −0.087% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 579.24 | +0.102% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.207% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.28 | −0.064% | $948K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.64 | +0.171% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 579.38 | +0.126% | $18K | $58K | 10x | as long as short |
| Bitget DELLUSDT | +0.0226% | 8h | 579.10 | +0.078% | $3.6M | $4.7M | 20x | as long as short |
| Bybit DELLUSDT | +0.0285% | 8h | 578.94 | +0.050% | $6.1M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0307% | 1h | 578.28 | −0.064% | $7.4M | $7.0M | 10x | as long as short |
| Gate DELL_USDT | +0.0313% | 8h | 578.73 | +0.014% | $4.1M | $7.6M | 50x | as long as short |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bitget DELLUSDT
Bybit DELLUSDT
tradeXYZ xyz:DELL
Gate DELL_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0417% | 8h | 578.80 | +0.025% | $263K | $82K | — | as long as short |
| BloFin DELL-USDT | +0.0525% | 8h | 579.11 | +0.079% | $321K | $222K | 20x | as long as short |
| Binance DELLUSDT | +0.0535% | 8h | 579.33 | +0.117% | $18.8M | $66.0M | 20x | as long as short |
| Extended DELL-USD | +0.0536% | 1h | 579.07 | +0.072% | $340K | $2.1M | 10x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0676% | 8h | 579.34 | +0.119% | $5.9M | $6.5M | 20x | |
| Polymarket Perps DELL-USD | +0.0748% | 1h | 578.70 | +0.008% | $8K | $53K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 578.42 | −0.040% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0863% | 1h | 578.33 | −0.055% | $69K | $15K | 10x | as long as short |
| edgeX DELLUSDClong | +0.0918% | 4h | 578.65 | long leg | $5K | $334K | 10x | |
| GRVT DELL_USDT_Perp | +0.1808% | 8h | 578.78 | +0.022% | $938 | $163K | 10x | as long as short |
Variational Omni DELL
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Polymarket Perps DELL-USD
Phoenix DELL
Nado DELL-PERP
GRVT DELL_USDT_Perp