Funding you earn now, next payment 08:00 UTC−0.0193%/8h= −21.1% APRnext payment −$1.93 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against BloFin−0.057%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.057%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.077%, 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 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 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 | BloFin DELL-USDT | 579.43 | 0.0553 | pay 0.0553% / 8h | 7h 25m | $321K | $222K | 20x |
| Short | Bybit DELLUSDT | 579.10 | 0.0360 | get 0.0360% / 8h | 7h 25m | $6.1M | $3.9M | 50x |
BloFin DELL-USDT
Bybit DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$40.51
- Price spread: −0.057% → −0.032%
- −$2.54
- Slippage, 4 orders
- −$24.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.41
- Costs to cover
- 0.474%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 45 min ago; Bybit: live order book, 3 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 BloFin live order book, 45 min ago | 0.09 bp | 8.0 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.81 bp | 16.5 bp −$17 | 83.1 bp −$831 | 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 | 578.51 | −0.158% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 579.24 | −0.033% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.339% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.88 | −0.095% | $949K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 580.06 | +0.109% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 580.42 | +0.171% | $18K | $58K | 10x | as long as short |
| Bitget DELLUSDT | +0.0229% | 8h | 579.16 | −0.047% | $3.6M | $4.7M | 20x | as long as short |
| tradeXYZ xyz:DELL | +0.0282% | 1h | 578.56 | −0.150% | $7.4M | $7.0M | 10x | as long as short |
| Gate DELL_USDT | +0.0327% | 8h | 579.04 | −0.067% | $4.1M | $7.6M | 50x | as long as short |
| Bybit DELLUSDTshort | +0.0360% | 8h | 579.10 | −0.057% | $6.1M | $3.9M | 50x |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bitget DELLUSDT
tradeXYZ xyz:DELL
Gate DELL_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0444% | 8h | 579.66 | +0.040% | $263K | $82K | — | as long as short |
| BloFin DELL-USDTlong | +0.0553% | 8h | 579.43 | long leg | $321K | $222K | 20x | |
| Binance DELLUSDT | +0.0559% | 8h | 579.43 | 0.000% | $18.8M | $65.7M | 20x | as long as short |
| Extended DELL-USD | +0.0560% | 1h | 579.24 | −0.033% | $340K | $1.8M | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0679% | 8h | 579.24 | −0.033% | $5.9M | $6.5M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0717% | 1h | 579.19 | −0.041% | $8K | $54K | 10x | as long as short |
| edgeX DELLUSDC | +0.0746% | 4h | 580.02 | +0.102% | $5K | $333K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 579.34 | −0.016% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0861% | 1h | 578.43 | −0.173% | $69K | $15K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1514% | 8h | 579.83 | +0.069% | $939 | $163K | 10x | as long as short |
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
edgeX DELLUSDC
Phoenix DELL
Nado DELL-PERP
GRVT DELL_USDT_Perp