Funding you earn now, next payment 08:00 UTC−0.0287%/8h= −31.4% APRnext payment −$2.87 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against OKX−0.007%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now −0.007%, 7d avg −0.049%
=The price spread pays, funding is against you. Bitget is 0.042% dearer against OKX than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.049%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.113% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.87 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 | 574.70 | 0.0287 | pay 0.0287% / 8h | 2h 03m | $5.9M | $6.7M | 20x |
| Short | Bitget DELLUSDT | 574.66 | 0 | get 0.0000% / 8h | 2h 03m | $3.7M | $4.7M | 20x |
OKX DELL-USDT-SWAP
Bitget DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$60.28
- Price spread: −0.007% → −0.049%
- $4.19
- Slippage, 4 orders
- −$45.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$123.12
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 1.13 bp | 13.7 bp −$14 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.69 bp | 24.1 bp −$24 | 61.3 bp −$613 | 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 | 574.17 | −0.092% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 574.72 | +0.003% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDTshort | 0.0000% | 8h | 574.66 | −0.007% | $3.7M | $4.7M | 20x | |
| Lighter DELL | +0.0032% | 1h | 574.81 | +0.019% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.527% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0070% | 1h | 574.17 | −0.092% | $7.5M | $7.0M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.21 | −0.085% | $942K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.23 | +0.092% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.72 | +0.177% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0127% | 8h | 574.41 | −0.050% | $6.1M | $4.0M | 50x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0138% | 1h | 574.49 | −0.037% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0287% | 8h | 574.70 | long leg | $5.9M | $6.7M | 20x | |
| Variational Omni DELL | +0.0534% | 8h | 575.40 | +0.123% | $259K | $61K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0558% | 8h | 575.44 | +0.129% | $650 | $150K | 10x | as long as short |
| Binance DELLUSDT | +0.0621% | 8h | 574.72 | +0.003% | $18.4M | $66.8M | 20x | as long as short |
| Extended DELL-USD | +0.0624% | 1h | 574.62 | −0.014% | $337K | $1.1M | 10x | as long as short |
| BloFin DELL-USDT | +0.0636% | 8h | 575.06 | +0.063% | $319K | $233K | 20x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 574.28 | −0.073% | $3K | $260K | 10x | as long as short |
| Nado DELL-PERP | +0.0831% | 1h | 574.15 | −0.096% | $69K | $20K | 10x | as long as short |
| edgeX DELLUSDC | +0.0862% | 4h | 574.79 | +0.016% | $5K | $334K | 10x | as long as short |
Polymarket Perps DELL-USD
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Phoenix DELL
Nado DELL-PERP
edgeX DELLUSDC