Settings8H · net · $10k
Funding arb · Price arb /

DELL

RWAall DELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1408%/8h= −154.2% APRnext payment $14.08 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against GRVT+0.031%53s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2702.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.239%+$24 on $10k
Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.031%, 7d avg −0.042%
Together, before fees+0.110%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.073% dearer against GRVT than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.042%): +$7 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.239%, so the current rate has only just turned against you. The two prices were read 53 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 0.239% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $14.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT DELL_USDT_Perp578.960.1508pay 0.1508% / 8h7h 26m$938$163K10x
ShortKuCoin DELLUSDTM579.140.0100get 0.0100% / 8h7h 26m$949K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$295.68
Price spread: +0.031% → −0.042%
$7.27
Slippage, 4 orders
−$249.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$558.83
Costs to cover
2.704%
Break-even
never at this rate
Slippage from GRVT: live order book, 41 min ago; KuCoin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 41 min ago1.13 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 38 min ago11.51 bp71.2 bp −$71doesn't fitdoesn't fitdoesn't fit

DELL on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h578.80−0.028%$21K$50K20xas long as short
Lighter DELL+0.0032%1h579.66+0.121%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.259%$8K$83K12xas long as short
KuCoin DELLUSDTMshort+0.0100%8h579.14+0.031%$949K$30K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h580.50+0.266%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h580.32+0.235%$18K$58K10xas long as short
Bitget DELLUSDT+0.0226%8h579.75+0.136%$3.6M$4.7M20xas long as short
tradeXYZ xyz:DELL+0.0297%1h579.01+0.009%$7.4M$7.0M10xas long as short
Gate DELL_USDT+0.0345%8h579.59+0.109%$4.1M$7.6M50xas long as short
Bybit DELLUSDT+0.0383%8h579.62+0.114%$6.2M$3.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DELL+0.0417%8h578.80−0.028%$263K$82Kas long as short
edgeX DELLUSDC+0.0471%4h579.55+0.101%$5K$332K10xas long as short
Extended DELL-USD+0.0552%1h579.98+0.177%$340K$2.0M10xas long as short
Binance DELLUSDT+0.0554%8h579.88+0.159%$18.8M$65.8M20xas long as short
BloFin DELL-USDT+0.0561%8h580.19+0.212%$321K$222K20xas long as short
OKX DELL-USDT-SWAP+0.0681%8h579.83+0.150%$5.9M$6.5M20xas long as short
Polymarket Perps DELL-USD+0.0735%1h579.89+0.161%$8K$54K10xas long as short
Phoenix DELL+0.0790%1h578.31−0.112%$3K$280K10xas long as short
Nado DELL-PERP+0.0856%1h578.57−0.067%$69K$15K10xas long as short
GRVT DELL_USDT_Perplong+0.1508%8h578.96long leg$938$163K10x