Funding you earn now, next payment 05:00 UTC+0.0623%/8h= +68.2% APRpaid last 24h +0.020%
Price spread now: Binance against tradeXYZ+0.153%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now +0.153%, 7d avg +0.035%
=Together, before fees−0.280%+ Points / potential airdroptradeXYZ: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 0.119% dearer against tradeXYZ than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, 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 -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:DELL | 573.31 | 0.0050 | pay 0.0006% / 1h | 16m 23s | $7.5M | $7.0M | 10x |
| Short | Binance DELLUSDT | 574.19 | 0.0673 | get 0.0673% / 8h | 3h 16m | $18.5M | $66.1M | 20x |
tradeXYZ xyz:DELL
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $130.76
- Price spread: +0.153% → +0.035%
- $11.89
- Slippage, 4 orders
- −$12.37
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $102.28
- Costs to cover
- 0.404%
- Break-even
- 1.5 days
Slippage from tradeXYZ: live order book, 12 min ago; Binance: live order book, 11 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 tradeXYZ live order book, 12 min ago | 1.04 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.09 bp | 8.3 bp −$8 | 25.6 bp −$256 | 103.6 bp −$10.4K | 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 | 573.55 | +0.041% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 574.07 | +0.133% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.17 | +0.150% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.00 | +0.120% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.286% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 573.31 | long leg | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 573.56 | +0.044% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.71 | +0.070% | $940K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.46 | +0.201% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.37 | +0.185% | $17K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0162% | 8h | 573.78 | +0.082% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0358% | 8h | 574.54 | +0.215% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0591% | 8h | 574.27 | +0.168% | $262K | $63K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0598% | 8h | 574.32 | +0.175% | $856 | $153K | 10x | as long as short |
| BloFin DELL-USDT | +0.0666% | 8h | 573.90 | +0.103% | $322K | $219K | 20x | as long as short |
| Extended DELL-USD | +0.0672% | 1h | 574.03 | +0.125% | $333K | $1.2M | 10x | as long as short |
| Binance DELLUSDTshort | +0.0673% | 8h | 574.19 | +0.153% | $18.5M | $66.1M | 20x | |
| edgeX DELLUSDC | +0.0677% | 4h | 574.21 | +0.157% | $5K | $334K | 10x | as long as short |
| Nado DELL-PERP | +0.0779% | 1h | 573.24 | −0.012% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 573.61 | +0.052% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Extended DELL-USD
edgeX DELLUSDC
Nado DELL-PERP
Phoenix DELL