DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against Binance+0.048%7-day average +0.039% · 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−$60as in the Price arb table

costs, in and out, $10k−$610.613% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.048%, 7d avg +0.039%

Together, before fees+0.098%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DELLUSDT	572.71	0.0174	pay 0.0174% / 8h	6h 56m	$18.2M	$66.7M	20x
Short	OKX DELL-USDT-SWAP	572.98	0.0036	get 0.0036% / 8h	6h 56m	$5.8M	$6.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$29.03
Price spread: +0.048% → +0.039%: $0.93
Slippage, 4 orders: −$41.34
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$89.44
Costs to cover: 0.613%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; OKX: live order book, 1 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, 16 min ago	0.79 bp	12.6 bp −$13	36.4 bp −$364	142.1 bp −$14.2K	doesn't fit
Sell OKX live order book, 1 min ago	1.66 bp	12.5 bp −$13	86.6 bp −$866	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
tradeXYZ xyz:DELL	−0.0302%	1h	572.19	−0.090%	$7.6M	$6.8M	10x	as long as short
Aster DELLUSDT	0.0000%	8h	572.10	−0.106%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	572.38	−0.057%	$6.1M	$3.9M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	572.87	+0.029%	$4.0M	$6.5M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	572.73	+0.004%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	572.69	−0.003%	$682	$138K	10x	as long as short
Lighter DELL	+0.0032%	1h	573.35	+0.112%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.181%	$8K	$83K	12x	as long as short
OKX DELL-USDT-SWAPshort	+0.0036%	8h	572.98	+0.048%	$5.8M	$6.7M	20x
Polymarket Perps DELL-USD	+0.0050%	1h	572.20	−0.088%	$7K	$55K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DELL	+0.0087%	8h	572.67	−0.006%	$259K	$61K	—	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.48	−0.039%	$939K	$114K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	572.93	+0.039%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.16	+0.254%	$18K	$58K	10x	as long as short
Binance DELLUSDTlong	+0.0174%	8h	572.71	long leg	$18.2M	$66.7M	20x
Extended DELL-USD	+0.0176%	1h	572.99	+0.050%	$331K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0194%	8h	573.47	+0.133%	$324K	$236K	20x	as long as short
edgeX DELLUSDC	+0.0226%	4h	573.25	+0.095%	$5K	$332K	10x	as long as short
Nado DELL-PERP	+0.0272%	1h	572.36	−0.061%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.0810%	1h	573.17	+0.081%	$3K	$228K	10x	as long as short