Funding you earn now, next payment 05:00 UTC−0.0778%/8h= −85.1% APRpaid last 24h −0.084%
Price spread now: tradeXYZ against edgeX−0.085%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.085%, 7d avg −0.049%
=Together, before fees−0.113%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and tradeXYZ is 0.036% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.8% 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 | 575.93 | 0.0828 | pay 0.0414% / 4h | 3h 43m | $5K | $335K | 10x |
| Short | tradeXYZ xyz:DELL | 575.44 | 0.0050 | get 0.0006% / 1h | 43m 13s | $7.6M | $7.0M | 10x |
edgeX DELLUSDC
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$163.28
- Price spread: −0.085% → −0.049%
- −$3.6
- Slippage, 4 orders
- −$10.71
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$204.59
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; tradeXYZ: live order book, 5 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, 10 min ago | 1.21 bp | 6.0 bp −$6 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.78 bp | 15.0 bp −$15 | 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 | 574.99 | −0.164% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.52 | −0.071% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.58 | −0.061% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.90 | −0.006% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.740% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 575.44 | −0.085% | $7.6M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 575.48 | −0.078% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.18 | −0.131% | $942K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.36 | +0.074% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.78 | −0.026% | $17K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
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 DELLUSDT | +0.0196% | 8h | 575.59 | −0.059% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0401% | 8h | 575.82 | −0.019% | $5.9M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0607% | 8h | 576.02 | +0.015% | $262K | $64K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0627% | 8h | 575.82 | −0.020% | $916 | $153K | 10x | as long as short |
| BloFin DELL-USDT | +0.0684% | 8h | 575.85 | −0.014% | $322K | $220K | 20x | as long as short |
| Binance DELLUSDT | +0.0704% | 8h | 575.76 | −0.030% | $18.5M | $65.9M | 20x | as long as short |
| Extended DELL-USD | +0.0704% | 1h | 575.62 | −0.054% | $334K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0824% | 1h | 574.71 | −0.212% | $69K | $18K | 10x | as long as short |
| edgeX DELLUSDClong | +0.0828% | 4h | 575.93 | long leg | $5K | $335K | 10x | |
| Phoenix DELL | +0.1040% | 1h | 575.64 | −0.051% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Nado DELL-PERP
Phoenix DELL