Funding you earn now, next payment 03:00 UTC−0.0544%/8h= −59.5% APRpaid last 24h −0.023%
Price spread now: tradeXYZ against BloFin−0.126%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now −0.126%, 7d avg −0.068%
=Together, before fees−0.116%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and tradeXYZ is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, 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 0.081% in total (about 4.2% 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 | BloFin DELL-USDT | 577.82 | 0.0594 | pay 0.0594% / 8h | 5h 01m | $322K | $220K | 20x |
| Short | tradeXYZ xyz:DELL | 577.09 | 0.0050 | get 0.0006% / 1h | 1m 04s | $7.5M | $7.0M | 10x |
BloFin DELL-USDT
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$114.14
- Price spread: −0.126% → −0.068%
- −$5.8
- Slippage, 4 orders
- −$15.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$165.25
- Costs to cover
- 0.453%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; tradeXYZ: live order book, 7 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, 39 min ago | 0.35 bp | 10.0 bp −$10 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.13 bp | 13.0 bp −$13 | 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 | 577.22 | −0.103% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.60 | −0.038% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 577.47 | −0.061% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0002% | 8h | 577.47 | −0.061% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.88 | +0.010% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.064% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 577.09 | −0.126% | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 577.43 | −0.067% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.17 | −0.112% | $946K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.12 | +0.052% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 578.23 | +0.071% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0451% | 8h | 577.58 | −0.042% | $5.8M | $6.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0471% | 8h | 577.62 | −0.035% | $901 | $151K | 10x | as long as short |
| edgeX DELLUSDC | +0.0499% | 4h | 577.81 | −0.001% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0509% | 8h | 577.62 | −0.034% | $264K | $86K | — | as long as short |
| BloFin DELL-USDTlong | +0.0594% | 8h | 577.82 | long leg | $322K | $220K | 20x | |
| Extended DELL-USD | +0.0608% | 1h | 577.53 | −0.051% | $335K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0609% | 8h | 577.73 | −0.015% | $18.7M | $65.0M | 20x | as long as short |
| Nado DELL-PERP | +0.0671% | 1h | 576.95 | −0.150% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 577.65 | −0.029% | $3K | $258K | 10x | as long as short |
HTX DELL-USDT
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
Nado DELL-PERP
Phoenix DELL