Funding you earn now, next payment 08:00 UTC+0.0662%/8h= +72.5% APRnext payment +$6.62 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against Gate+0.020%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.020%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Binance is 0.030% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.299%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.62 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 | Gate DELL_USDT | 572.87 | 0 | get 0.0000% / 8h | 3h 10m | $4.1M | $7.3M | 50x |
| Short | Binance DELLUSDT | 572.99 | 0.0662 | get 0.0662% / 8h | 3h 10m | $18.5M | $66.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $139
- Price spread: +0.020% → −0.010%
- $3.03
- Slippage, 4 orders
- −$22.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $94.9
- Costs to cover
- 0.471%
- Break-even
- 2.2 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 2 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 Gate live order book, 3 min ago | 2.53 bp | 14.8 bp −$15 | 37.0 bp −$370 | 74.5 bp −$7,454 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.09 bp | 8.2 bp −$8 | 24.5 bp −$245 | 111.1 bp −$11.1K | 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 | 572.49 | −0.066% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDTlong | 0.0000% | 8h | 572.87 | long leg | $4.1M | $7.3M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 572.80 | −0.012% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.29 | +0.073% | $33K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.209% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 572.51 | −0.063% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 572.68 | −0.033% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.53 | −0.059% | $938K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.40 | +0.093% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.71 | +0.147% | $17K | $59K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0148% | 8h | 572.77 | −0.017% | $6.1M | $3.9M | 50x | as long as short |
| edgeX DELLUSDC | +0.0279% | 4h | 573.92 | +0.183% | $5K | $333K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0346% | 8h | 572.97 | +0.017% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0565% | 8h | 572.85 | −0.003% | $262K | $62K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0567% | 8h | 573.93 | +0.186% | $821 | $152K | 10x | as long as short |
| Binance DELLUSDTshort | +0.0662% | 8h | 572.99 | +0.020% | $18.5M | $66.1M | 20x | |
| Extended DELL-USD | +0.0664% | 1h | 572.80 | −0.013% | $333K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0678% | 8h | 573.10 | +0.040% | $321K | $219K | 20x | as long as short |
| Nado DELL-PERP | +0.0784% | 1h | 572.55 | −0.056% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 573.94 | +0.187% | $3K | $260K | 10x | as long as short |
Gate DELL_USDT
Binance DELLUSDT
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
Bybit DELLUSDT
edgeX DELLUSDC
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Extended DELL-USD
BloFin DELL-USDT
Phoenix DELL