Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.0% APRpaid last 24h −0.017%
Price spread now: BloFin against tradeXYZ+0.175%88s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.175%, 7d avg +0.065%
=Together, before fees−0.175%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.110% dearer against tradeXYZ than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% 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 | 577.07 | 0.0050 | pay 0.0006% / 1h | 13m 42s | $7.4M | $7.3M | 10x |
| Short | BloFin DELL-USDT | 578.08 | 0.0251 | get 0.0251% / 8h | 13m 42s | $320K | $218K | 20x |
tradeXYZ xyz:DELL
BloFin DELL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $42.22
- Price spread: +0.175% → +0.065%
- $10.99
- Slippage, 4 orders
- −$9.64
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $13.56
- Costs to cover
- 0.396%
- Break-even
- 4.8 days
Slippage from tradeXYZ: live order book, 5 min ago; BloFin: live order book, 61 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, 5 min ago | 1.21 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 0.17 bp | 9.4 bp −$9 | 16.6 bp −$166 | 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 | 577.96 | +0.154% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.49 | +0.073% | $4.4M | $8.0M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.99 | +0.159% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.936% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 577.07 | long leg | $7.4M | $7.3M | 10x | |
| edgeX DELLUSDC | +0.0052% | 4h | 578.08 | +0.176% | $5K | $334K | 10x | as long as short |
| Bitget DELLUSDT | +0.0081% | 8h | 577.71 | +0.111% | $3.4M | $4.6M | 20x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.66 | +0.102% | $946K | $33K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.53 | +0.253% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.99 | +0.159% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
edgeX DELLUSDC
Bitget DELLUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0160% | 8h | 578.07 | +0.173% | $261K | $81K | — | as long as short |
| Bybit DELLUSDT | +0.0190% | 8h | 577.44 | +0.064% | $6.0M | $3.7M | 50x | as long as short |
| BloFin DELL-USDTshort | +0.0251% | 8h | 578.08 | +0.175% | $320K | $218K | 20x | |
| GRVT DELL_USDT_Perp | +0.0261% | 8h | 578.24 | +0.203% | $705 | $172K | 10x | as long as short |
| Extended DELL-USD | +0.0280% | 1h | 577.72 | +0.112% | $339K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0287% | 8h | 577.82 | +0.130% | $18.8M | $66.3M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0342% | 1h | 577.78 | +0.123% | $757 | $23K | 10x | as long as short |
| Phoenix DELL | +0.0570% | 1h | 577.74 | +0.116% | $3K | $280K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0572% | 8h | 577.96 | +0.154% | $5.9M | $6.7M | 20x | as long as short |
| Nado DELL-PERP | +0.0720% | 1h | 577.16 | +0.015% | $70K | $13K | 10x | as long as short |
Variational Omni DELL
Bybit DELLUSDT
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
Polymarket Perps DELL-USD
Phoenix DELL
OKX DELL-USDT-SWAP
Nado DELL-PERP