Funding you earn now, next payment 08:00 UTC−0.0486%/8h= −53.2% APRnext payment −$4.86 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against OKX−0.028%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now −0.028%, 7d avg −0.052%
=The price spread pays, funding is against you. Bitget is 0.024% dearer against OKX than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.052%): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.113% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.86 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 | OKX DELL-USDT-SWAP | 579.11 | 0.0679 | pay 0.0679% / 8h | 7h 09m | $5.9M | $6.5M | 20x |
| Short | Bitget DELLUSDT | 578.95 | 0.0193 | get 0.0193% / 8h | 7h 09m | $3.6M | $4.7M | 20x |
OKX DELL-USDT-SWAP
Bitget DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$101.98
- Price spread: −0.028% → −0.052%
- $2.4
- Slippage, 4 orders
- −$47.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$168.99
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago | 0.69 bp | 20.8 bp −$21 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.99 bp | 16.5 bp −$17 | 56.1 bp −$561 | 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 | 578.20 | −0.157% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 579.19 | +0.014% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.285% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.51 | −0.104% | $948K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.78 | +0.116% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.96 | −0.026% | $18K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0137% | 1h | 578.22 | −0.154% | $7.4M | $6.9M | 10x | as long as short |
| Gate DELL_USDT | +0.0167% | 8h | 578.79 | −0.055% | $4.1M | $7.7M | 50x | as long as short |
| Bitget DELLUSDTshort | +0.0193% | 8h | 578.95 | −0.028% | $3.6M | $4.7M | 20x | |
| Bybit DELLUSDT | +0.0230% | 8h | 578.70 | −0.071% | $6.1M | $3.9M | 50x | as long as short |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
tradeXYZ xyz:DELL
Gate DELL_USDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0487% | 8h | 578.92 | −0.033% | $263K | $82K | — | as long as short |
| Polymarket Perps DELL-USD | +0.0552% | 1h | 578.87 | −0.041% | $8K | $54K | 10x | as long as short |
| BloFin DELL-USDT | +0.0589% | 8h | 578.98 | −0.022% | $320K | $222K | 20x | as long as short |
| Extended DELL-USD | +0.0608% | 1h | 579.07 | −0.008% | $340K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0609% | 8h | 579.17 | +0.010% | $18.8M | $65.4M | 20x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0679% | 8h | 579.11 | long leg | $5.9M | $6.5M | 20x | |
| Phoenix DELL | +0.0790% | 1h | 578.78 | −0.057% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0801% | 1h | 578.51 | −0.103% | $69K | $15K | 10x | as long as short |
| edgeX DELLUSDC | +0.0817% | 4h | 579.44 | +0.057% | $5K | $335K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1390% | 8h | 579.09 | −0.003% | $764 | $159K | 10x | as long as short |
Variational Omni DELL
Polymarket Perps DELL-USD
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL
Nado DELL-PERP
edgeX DELLUSDC
GRVT DELL_USDT_Perp