Funding you earn now, next payment 07:00 UTC−0.0365%/8h= −39.9% APRpaid last 24h −0.009%
Price spread now: tradeXYZ against Variational Omni−0.129%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.129%, 7d avg −0.059%
=Together, before fees+0.012%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and tradeXYZ is 0.070% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.015% in total (about 1.5% 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 | Variational Omni DELL | 573.93 | 0.0491 | pay 0.0491% / 8h | 1h 18m | $259K | $61K | — |
| Short | tradeXYZ xyz:DELL | 573.19 | 0.0126 | get 0.0016% / 1h | 18m 13s | $7.5M | $6.9M | 10x |
Variational Omni DELL
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Variational Omni. 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
- −$76.6
- Price spread: −0.129% → −0.059%
- −$6.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$101.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 26 min ago; tradeXYZ: live order book, 10 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 26 min ago | 2.50 bp | doesn't fit | 73.8 bp −$738 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.79 bp | 15.7 bp −$16 | doesn't fit | 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 | 573.20 | −0.128% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.62 | −0.054% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.62 | −0.054% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.86 | −0.012% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.394% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.10 | −0.145% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.24 | +0.054% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.49 | −0.077% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0121% | 8h | 573.22 | −0.124% | $6.1M | $4.0M | 50x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0126% | 1h | 573.19 | −0.129% | $7.5M | $6.9M | 10x |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0229% | 1h | 573.46 | −0.082% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0267% | 8h | 573.54 | −0.068% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0384% | 4h | 574.10 | +0.030% | $5K | $334K | 10x | as long as short |
| Variational Omni DELLlong | +0.0491% | 8h | 573.93 | long leg | $259K | $61K | — | |
| BloFin DELL-USDT | +0.0565% | 8h | 573.51 | −0.073% | $321K | $234K | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0567% | 8h | 574.10 | +0.030% | $1K | $147K | 10x | as long as short |
| Extended DELL-USD | +0.0576% | 1h | 573.57 | −0.063% | $335K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0578% | 8h | 573.66 | −0.047% | $18.4M | $67.0M | 20x | as long as short |
| Phoenix DELL | +0.0863% | 1h | 573.85 | −0.014% | $3K | $228K | 10x | as long as short |
| Nado DELL-PERP | +0.0905% | 1h | 573.01 | −0.160% | $69K | $20K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
edgeX DELLUSDC
BloFin DELL-USDT
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL
Nado DELL-PERP