Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRnext payment −$2.20 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against OKX−0.035%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.035%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.20 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 | 577.16 | 0.0422 | pay 0.0422% / 8h | 3h 52m | $5.9M | $6.6M | 20x |
| Short | Bybit DELLUSDT | 576.96 | 0.0202 | get 0.0202% / 8h | 3h 52m | $6.2M | $3.9M | 50x |
OKX DELL-USDT-SWAP
Bybit DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$46.13
- Price spread: −0.035% → −0.034%
- −$0.02
- Slippage, 4 orders
- −$33.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.58
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago | 1.99 bp | 12.8 bp −$13 | 57.2 bp −$572 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.35 bp | 13.3 bp −$13 | 80.6 bp −$806 | 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 | 576.63 | −0.091% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.92 | −0.042% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.95 | −0.036% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.21 | +0.009% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.951% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.50 | −0.114% | $7.6M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.72 | −0.076% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.65 | −0.088% | $944K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.68 | +0.090% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.60 | +0.076% | $18K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0156% | 4h | 577.00 | −0.029% | $5K | $333K | 10x | as long as short |
| Bybit DELLUSDTshort | +0.0202% | 8h | 576.96 | −0.035% | $6.2M | $3.9M | 50x | |
| OKX DELL-USDT-SWAPlong | +0.0422% | 8h | 577.16 | long leg | $5.9M | $6.6M | 20x | |
| Variational Omni DELL | +0.0609% | 8h | 577.00 | −0.028% | $263K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0647% | 8h | 577.29 | +0.023% | $808 | $152K | 10x | as long as short |
| Binance DELLUSDT | +0.0703% | 8h | 576.98 | −0.031% | $18.6M | $65.9M | 20x | as long as short |
| Extended DELL-USD | +0.0704% | 1h | 576.82 | −0.059% | $334K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0723% | 8h | 577.16 | 0.000% | $323K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0798% | 1h | 576.40 | −0.132% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 577.09 | −0.012% | $3K | $260K | 10x | as long as short |
edgeX DELLUSDC
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL