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+0.0349%/8h= +38.2% APRnext payment +$3.49 per $10,000 · paid last 24h +0.029%
Price spread now: OKX against KuCoin+0.045%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2072.074% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.045%, 7d avg +0.073%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.073%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.056%, 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 -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 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
LongKuCoin DELLUSDTM577.840.0100pay 0.0100% / 8h4h 13m$947K$29K20x
ShortOKX DELL-USDT-SWAP578.100.0449get 0.0449% / 8h4h 13m$5.9M$6.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$73.19
Price spread: +0.045% → +0.073%
−$2.84
Slippage, 4 orders
−$185.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$137.02
Costs to cover
2.074%
Break-even
20.1 days
Slippage from KuCoin: live order book, 36 min ago; OKX: live order book, 5 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 KuCoin live order book, 36 min ago14.22 bp114.9 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.07 bp16.0 bp −$1663.0 bp −$630doesn'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%8h577.21−0.109%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h577.92+0.014%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h578.04+0.035%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h578.47+0.109%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.068%$8K$83K12xas long as short
KuCoin DELLUSDTMlong+0.0100%8h577.84long leg$947K$29K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.73+0.154%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h578.18+0.059%$17K$59K10xas long as short
Bybit DELLUSDT+0.0196%8h578.09+0.043%$6.2M$3.9M50xas long as short
tradeXYZ xyz:DELL+0.0213%1h577.48−0.062%$7.6M$7.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX DELLUSDC+0.0308%4h578.13+0.050%$5K$335K10xas long as short
Polymarket Perps DELL-USD+0.0396%1h577.88+0.007%$7K$54K10xas long as short
OKX DELL-USDT-SWAPshort+0.0449%8h578.10+0.045%$5.9M$6.7M20x
Variational Omni DELL+0.0593%8h578.60+0.132%$264K$87Kas long as short
GRVT DELL_USDT_Perp+0.0625%8h578.32+0.083%$2K$152K10xas long as short
BloFin DELL-USDT+0.0675%8h578.19+0.061%$323K$221K20xas long as short
Phoenix DELL+0.0679%1h578.38+0.093%$3K$258K10xas long as short
Binance DELLUSDT+0.0694%8h578.19+0.061%$18.7M$65.9M20xas long as short
Extended DELL-USD+0.0696%1h577.97+0.023%$334K$1.2M10xas long as short
Nado DELL-PERP+0.0899%1h577.16−0.118%$69K$18K10xas long as short