Funding you earn now, next payment 08:00 UTC+0.0359%/8h= +39.3% APRnext payment +$3.59 per $10,000 · paid last 24h +0.052%
Price spread now: OKX against Bitget+0.002%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now +0.002%, 7d avg +0.050%
=Funding pays, the price is against you. OKX is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.050%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.113% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.59 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 | Bitget DELLUSDT | 573.47 | 0 | get 0.0000% / 8h | 3h 18m | $3.6M | $4.7M | 20x |
| Short | OKX DELL-USDT-SWAP | 573.48 | 0.0359 | get 0.0359% / 8h | 3h 18m | $5.8M | $6.6M | 20x |
Bitget DELLUSDT
OKX DELL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $75.39
- Price spread: +0.002% → +0.050%
- −$4.79
- Slippage, 4 orders
- −$36.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $11.73
- Costs to cover
- 0.589%
- Break-even
- 5.9 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 1.39 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.70 bp | 13.7 bp −$14 | 50.6 bp −$506 | 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 | 573.43 | −0.007% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.37 | −0.017% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDTlong | 0.0000% | 8h | 573.47 | long leg | $3.6M | $4.7M | 20x | |
| Lighter DELL | +0.0032% | 1h | 573.69 | +0.038% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.314% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 573.04 | −0.075% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 573.29 | −0.031% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.47 | 0.000% | $939K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.91 | +0.077% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.95 | +0.084% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
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 | +0.0165% | 8h | 573.45 | −0.003% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0359% | 8h | 573.48 | +0.002% | $5.8M | $6.6M | 20x | |
| Variational Omni DELL | +0.0591% | 8h | 574.27 | +0.140% | $262K | $63K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0598% | 8h | 574.32 | +0.148% | $856 | $153K | 10x | as long as short |
| edgeX DELLUSDC | +0.0677% | 4h | 574.21 | +0.129% | $5K | $334K | 10x | as long as short |
| Extended DELL-USD | +0.0680% | 1h | 573.33 | −0.025% | $333K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0682% | 8h | 573.50 | +0.005% | $18.5M | $66.1M | 20x | as long as short |
| BloFin DELL-USDT | +0.0704% | 8h | 573.73 | +0.045% | $321K | $219K | 20x | as long as short |
| Nado DELL-PERP | +0.0789% | 1h | 573.55 | +0.015% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 573.69 | +0.038% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL