DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%

Price spread now: Bybit against KuCoin−0.137%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$196as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$1841.843% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.467%+$47 · spread now −0.137%, 7d avg +0.024%

Together, before fees+0.354%+$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.161% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DELLUSDTM	568.95	0.0100	pay 0.0100% / 8h	7h 29m	$932K	$74K	20x
Short	Bybit DELLUSDT	568.17	0	get 0.0000% / 8h	7h 29m	$6.1M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.137%Rate

Funding earned: −$21
Price spread: −0.137% → +0.024%: −$16.1
Slippage, 4 orders: −$161.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$221.37
Costs to cover: 1.843%
Break-even: never at this rate

Slippage from KuCoin: live order book, 55 min ago; Bybit: live order book, 3 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 KuCoin live order book, 55 min ago	16.17 bp	113.8 bp −$114	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	3.69 bp	16.4 bp −$16	83.4 bp −$834	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	569.21	+0.045%	$20K	$49K	20x	as long as short
Bybit DELLUSDTshort	0.0000%	8h	568.17	−0.137%	$6.1M	$3.9M	50x
Gate DELL_USDT	0.0000%	8h	568.32	−0.111%	$3.9M	$6.8M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	568.22	−0.128%	$3.7M	$4.7M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	570.96	+0.353%	$942	$140K	10x	as long as short
tradeXYZ xyz:DELL	+0.0011%	1h	568.34	−0.107%	$7.5M	$6.8M	10x	as long as short
Lighter DELL	+0.0032%	1h	568.47	−0.084%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	+0.478%	$8K	$83K	12x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	568.00	−0.167%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0076%	8h	568.16	−0.139%	$5.8M	$6.7M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DELLUSDTMlong	+0.0100%	8h	568.95	long leg	$932K	$74K	20x
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	569.81	+0.151%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	568.63	−0.056%	$17K	$58K	10x	as long as short
Variational Omni DELL	+0.0200%	8h	569.10	+0.026%	$258K	$61K	—	as long as short
Extended DELL-USD	+0.0272%	1h	568.35	−0.105%	$333K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0275%	8h	568.35	−0.106%	$18.1M	$66.2M	20x	as long as short
BloFin DELL-USDT	+0.0285%	8h	569.17	+0.039%	$323K	$231K	20x	as long as short
edgeX DELLUSDC	+0.0368%	4h	570.18	+0.216%	$5K	$335K	10x	as long as short
Nado DELL-PERP	+0.0471%	1h	569.10	+0.027%	$68K	$20K	10x	as long as short
Phoenix DELL	+0.0810%	1h	570.34	+0.244%	$3K	$228K	10x	as long as short