Funding you earn now, next payment 03:00 UTC−0.0558%/8h= −61.1% APRnext payment −$0.70 per $10,000 · paid last 24h −0.007%
Price spread now: tradeXYZ against Extended−0.081%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days+0.229%+$23 · spread now −0.081%, 7d avg +0.012%
=Together, before fees+0.310%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and tradeXYZ is 0.093% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.70 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 | Extended DELL-USD | 577.37 | 0.0608 | pay 0.0076% / 1h | 2m 16s | $335K | $1.2M | 10x |
| Short | tradeXYZ xyz:DELL | 576.90 | 0.0050 | get 0.0006% / 1h | 2m 16s | $7.5M | $7.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- −$117.18
- Price spread: −0.081% → +0.012%
- −$9.29
- Slippage, 4 orders
- −$37.15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$186.62
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; tradeXYZ: live order book, 6 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 Extended live order book, 1 min ago | 2.08 bp | 17.1 bp −$17 | 255.7 bp −$2,557 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 1.13 bp | 13.0 bp −$13 | 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 | 577.31 | −0.011% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.46 | +0.016% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 577.31 | −0.010% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0002% | 8h | 577.40 | +0.005% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.85 | +0.083% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.987% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 576.90 | −0.081% | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 577.26 | −0.019% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.06 | −0.053% | $946K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.04 | +0.116% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 577.57 | +0.035% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0452% | 8h | 577.29 | −0.014% | $5.8M | $6.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0480% | 8h | 577.96 | +0.102% | $902 | $151K | 10x | as long as short |
| edgeX DELLUSDC | +0.0499% | 4h | 577.81 | +0.077% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0513% | 8h | 577.78 | +0.072% | $264K | $86K | — | as long as short |
| Extended DELL-USDlong | +0.0608% | 1h | 577.37 | long leg | $335K | $1.2M | 10x | |
| Binance DELLUSDT | +0.0611% | 8h | 577.42 | +0.009% | $18.7M | $65.0M | 20x | as long as short |
| BloFin DELL-USDT | +0.0632% | 8h | 577.50 | +0.023% | $275K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0673% | 1h | 577.18 | −0.032% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 577.65 | +0.049% | $3K | $258K | 10x | as long as short |
Extended DELL-USD
tradeXYZ xyz:DELL
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Variational Omni DELL
Binance DELLUSDT
BloFin DELL-USDT
Phoenix DELL