Funding you earn now, next payment 08:00 UTC+0.0275%/8h= +30.1% APRnext payment +$2.75 per $10,000 · paid last 24h +0.017%
Price spread now: OKX against Gate+0.054%7-day average +0.030% · 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−$55as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.054%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.166%, 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 -0.166% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 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 | 573.69 | 0 | get 0.0000% / 8h | 2h 13m | $4.1M | $7.2M | 50x |
| Short | OKX DELL-USDT-SWAP | 574.00 | 0.0275 | get 0.0275% / 8h | 2h 13m | $5.8M | $6.7M | 20x |
Gate DELL_USDT
OKX DELL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $57.75
- Price spread: +0.054% → +0.030%
- $2.39
- Slippage, 4 orders
- −$32.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $2.82
- Costs to cover
- 0.573%
- Break-even
- 6.7 days
Slippage from Gate: live order book, 5 min ago; OKX: 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 Gate live order book, 5 min ago | 3.49 bp | 12.1 bp −$12 | 35.9 bp −$359 | 79.1 bp −$7,912 | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.75 bp | 13.9 bp −$14 | 54.7 bp −$547 | 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 | 572.89 | −0.140% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDTlong | 0.0000% | 8h | 573.69 | long leg | $4.1M | $7.2M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 573.91 | +0.038% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.96 | +0.047% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.352% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 573.07 | −0.108% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0072% | 1h | 573.21 | −0.084% | $7K | $54K | 10x | as long as short |
| Bybit DELLUSDT | +0.0100% | 8h | 573.59 | −0.017% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.94 | −0.131% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.87 | +0.031% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 572.75 | −0.164% | $17K | $59K | 10x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0275% | 8h | 574.00 | +0.054% | $5.8M | $6.7M | 20x | |
| Variational Omni DELL | +0.0506% | 8h | 572.83 | −0.151% | $258K | $61K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0510% | 8h | 573.24 | −0.078% | $820 | $152K | 10x | as long as short |
| BloFin DELL-USDT | +0.0576% | 8h | 572.74 | −0.166% | $321K | $232K | 20x | as long as short |
| Extended DELL-USD | +0.0600% | 1h | 573.76 | +0.011% | $335K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0601% | 8h | 573.90 | +0.037% | $18.4M | $66.8M | 20x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 572.63 | −0.185% | $3K | $260K | 10x | as long as short |
| edgeX DELLUSDC | +0.0752% | 4h | 572.82 | −0.152% | $5K | $335K | 10x | as long as short |
| Nado DELL-PERP | +0.0800% | 1h | 572.24 | −0.253% | $69K | $20K | 10x | as long as short |
HTX DELL-USDT
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL
edgeX DELLUSDC
Nado DELL-PERP