Funding you earn now, next payment 08:00 UTC+0.0497%/8h= +54.4% APRnext payment +$4.97 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against Bybit+0.017%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.017%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.97 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 | Bybit DELLUSDT | 578.09 | 0.0199 | pay 0.0199% / 8h | 4h 12m | $6.2M | $3.9M | 50x |
| Short | Binance DELLUSDT | 578.19 | 0.0696 | get 0.0696% / 8h | 4h 12m | $18.7M | $65.9M | 20x |
Bybit DELLUSDT
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $104.38
- Price spread: +0.017% → −0.006%
- $2.37
- Slippage, 4 orders
- −$24.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $60.78
- Costs to cover
- 0.460%
- Break-even
- 2.9 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 15 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 Bybit live order book, 5 min ago | 1.82 bp | 13.3 bp −$13 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.61 bp | 7.5 bp −$8 | 25.0 bp −$250 | 94.2 bp −$9,416 | 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 | 577.21 | −0.151% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.93 | −0.028% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.04 | −0.009% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.48 | +0.067% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.111% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.82 | −0.047% | $947K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.73 | +0.111% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.18 | +0.016% | $17K | $59K | 10x | as long as short |
| Bybit DELLUSDTlong | +0.0199% | 8h | 578.09 | long leg | $6.2M | $3.9M | 50x | |
| tradeXYZ xyz:DELL | +0.0213% | 1h | 577.40 | −0.119% | $7.6M | $7.0M | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
tradeXYZ xyz:DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0308% | 4h | 578.13 | +0.006% | $5K | $335K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0396% | 1h | 577.88 | −0.036% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0449% | 8h | 577.91 | −0.031% | $5.9M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0593% | 8h | 578.60 | +0.089% | $264K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0625% | 8h | 578.32 | +0.040% | $2K | $152K | 10x | as long as short |
| BloFin DELL-USDT | +0.0675% | 8h | 578.19 | +0.017% | $323K | $221K | 20x | as long as short |
| Phoenix DELL | +0.0679% | 1h | 578.38 | +0.050% | $3K | $258K | 10x | as long as short |
| Binance DELLUSDTshort | +0.0696% | 8h | 578.19 | +0.017% | $18.7M | $65.9M | 20x | |
| Extended DELL-USD | +0.0696% | 1h | 578.03 | −0.010% | $334K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0899% | 1h | 577.16 | −0.161% | $69K | $18K | 10x | as long as short |
edgeX DELLUSDC
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Phoenix DELL
Extended DELL-USD
Nado DELL-PERP