Funding you earn now, next payment 08:00 UTC+0.0303%/8h= +33.2% APRnext payment +$3.03 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against OKX−0.003%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.003%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.037% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.134%, 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 -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.03 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 | OKX DELL-USDT-SWAP | 575.82 | 0.0401 | pay 0.0401% / 8h | 3h 43m | $5.9M | $6.6M | 20x |
| Short | Binance DELLUSDT | 575.80 | 0.0704 | get 0.0704% / 8h | 3h 43m | $18.5M | $65.9M | 20x |
OKX DELL-USDT-SWAP
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $63.59
- Price spread: −0.003% → −0.041%
- $3.7
- Slippage, 4 orders
- −$24.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $22.68
- Costs to cover
- 0.446%
- Break-even
- 4.5 days
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 14 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 OKX live order book, 4 min ago | 0.09 bp | 9.4 bp −$9 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.09 bp | 8.3 bp −$8 | 23.3 bp −$233 | 88.5 bp −$8,848 | 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 | 575.05 | −0.133% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.57 | −0.043% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.53 | −0.050% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.88 | +0.010% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.721% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.23 | −0.102% | $7.6M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 575.48 | −0.059% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.27 | −0.096% | $942K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.30 | +0.083% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.78 | −0.007% | $17K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
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 | +0.0196% | 8h | 575.58 | −0.042% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0401% | 8h | 575.82 | long leg | $5.9M | $6.6M | 20x | |
| Variational Omni DELL | +0.0607% | 8h | 576.02 | +0.035% | $262K | $64K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0627% | 8h | 575.82 | −0.001% | $916 | $153K | 10x | as long as short |
| BloFin DELL-USDT | +0.0674% | 8h | 575.92 | +0.017% | $322K | $220K | 20x | as long as short |
| Binance DELLUSDTshort | +0.0704% | 8h | 575.80 | −0.003% | $18.5M | $65.9M | 20x | |
| Extended DELL-USD | +0.0704% | 1h | 575.64 | −0.031% | $334K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0824% | 1h | 574.71 | −0.193% | $69K | $18K | 10x | as long as short |
| edgeX DELLUSDC | +0.0828% | 4h | 575.93 | +0.019% | $5K | $335K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 575.64 | −0.031% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Extended DELL-USD
Nado DELL-PERP
edgeX DELLUSDC
Phoenix DELL