Funding you earn now, next payment 08:00 UTC−0.0555%/8h= −60.8% APRnext payment −$5.55 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance−0.042%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2242.240% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 2 days (all we have)+0.025%+$3 · spread now −0.042%, 7d avg −0.052%
=The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.55 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 | Binance DELLUSDT | 576.32 | 0.0655 | pay 0.0655% / 8h | 5h 50m | $18.7M | $65.1M | 20x |
| Short | KuCoin DELLUSDTM | 576.08 | 0.0100 | get 0.0100% / 8h | 5h 50m | $944K | $30K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$116.58
- Price spread: −0.042% → −0.052%
- $1.08
- Slippage, 4 orders
- −$202.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$339.52
- Costs to cover
- 2.240%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 4 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 Binance live order book, 7 min ago | 0.61 bp | 10.3 bp −$10 | 25.4 bp −$254 | 119.5 bp −$12.0K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 13.98 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
DELL on 19 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 | 575.91 | −0.072% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.28 | −0.007% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.23 | −0.016% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.62 | +0.052% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.807% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.76 | −0.097% | $7.5M | $7.0M | 10x | as long as short |
| Bybit DELLUSDT | +0.0089% | 8h | 576.22 | −0.017% | $6.1M | $3.9M | 50x | as long as short |
| Polymarket Perps DELL-USD | +0.0097% | 1h | 576.06 | −0.045% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 576.08 | −0.042% | $944K | $30K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.84 | +0.090% | $3K | $336 | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 576.66 | +0.059% | $17K | $58K | 10x | as long as short |
| Variational Omni DELL | +0.0544% | 8h | 576.49 | +0.029% | $263K | $86K | — | as long as short |
| OKX DELL-USDT-SWAP | +0.0566% | 8h | 576.32 | 0.000% | $5.8M | $6.6M | 20x | as long as short |
| Binance DELLUSDTlong | +0.0655% | 8h | 576.32 | long leg | $18.7M | $65.1M | 20x | |
| Extended DELL-USD | +0.0656% | 1h | 576.17 | −0.026% | $339K | $1.2M | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0706% | 8h | 576.50 | +0.032% | $905 | $152K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 576.29 | −0.005% | $3K | $258K | 10x | as long as short |
| edgeX DELLUSDC | +0.0727% | 4h | 576.50 | +0.031% | $5K | $333K | 10x | as long as short |
| Nado DELL-PERP | +0.0827% | 1h | 575.93 | −0.068% | $69K | $18K | 10x | as long as short |
Binance DELLUSDT
KuCoin DELLUSDTM
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Bybit DELLUSDT
Polymarket Perps DELL-USD
HTX DELL-USDT
Variational Omni DELL
OKX DELL-USDT-SWAP
Extended DELL-USD
GRVT DELL_USDT_Perp
Phoenix DELL
edgeX DELLUSDC