Funding you earn now, next payment 08:00 UTC+0.0666%/8h= +72.9% APRnext payment +$6.66 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Gate−0.005%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.005%, 7d avg +0.024%
=Funding pays, the price is against you. BloFin is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.024%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.303%, 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 -0.303% in total (about -15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.66 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 | Gate DELL_USDT | 573.93 | 0 | get 0.0000% / 8h | 3h 16m | $4.1M | $7.2M | 50x |
| Short | BloFin DELL-USDT | 573.90 | 0.0666 | get 0.0666% / 8h | 3h 16m | $322K | $219K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $139.84
- Price spread: −0.005% → +0.024%
- −$2.94
- Slippage, 4 orders
- −$22.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $87.72
- Costs to cover
- 0.492%
- Break-even
- 2.6 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 13 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 Gate live order book, 2 min ago | 2.44 bp | 14.2 bp −$14 | 34.1 bp −$341 | 70.4 bp −$7,044 | doesn't fit |
| Sell BloFin live order book, 13 min ago | 0.09 bp | 9.9 bp −$10 | 16.9 bp −$169 | 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 | 573.45 | −0.083% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDTlong | 0.0000% | 8h | 573.93 | long leg | $4.1M | $7.2M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 574.45 | +0.091% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.00 | +0.012% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.394% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 573.25 | −0.118% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 573.52 | −0.071% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.57 | −0.063% | $940K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.32 | +0.068% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.37 | +0.077% | $17K | $59K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0162% | 8h | 573.67 | −0.045% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0358% | 8h | 574.12 | +0.033% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0591% | 8h | 574.27 | +0.060% | $262K | $63K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0598% | 8h | 574.32 | +0.067% | $856 | $153K | 10x | as long as short |
| BloFin DELL-USDTshort | +0.0666% | 8h | 573.90 | −0.005% | $322K | $219K | 20x | |
| Binance DELLUSDT | +0.0673% | 8h | 574.07 | +0.024% | $18.5M | $66.1M | 20x | as long as short |
| edgeX DELLUSDC | +0.0677% | 4h | 574.21 | +0.049% | $5K | $334K | 10x | as long as short |
| Extended DELL-USD | +0.0680% | 1h | 573.81 | −0.021% | $333K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0779% | 1h | 573.56 | −0.065% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 573.61 | −0.056% | $3K | $260K | 10x | as long as short |
Gate DELL_USDT
BloFin DELL-USDT
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
edgeX DELLUSDC
Extended DELL-USD
Phoenix DELL