DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0218%/8h= −23.8% APRnext payment −$2.18 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against OKX−0.019%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$590.592% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.166%+$17 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.019%, 7d avg −0.030%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DELL-USDT-SWAP	573.23	0.0218	pay 0.0218% / 8h	51m 18s	$5.8M	$6.7M	20x
Short	Gate DELL_USDT	573.12	0	get 0.0000% / 8h	51m 18s	$4.1M	$7.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now −0.019%Rate

Funding earned: −$45.68
Price spread: −0.019% → −0.030%: $1.09
Slippage, 4 orders: −$34.21
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$103.79
Costs to cover: 0.592%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago	1.83 bp	13.7 bp −$14	76.6 bp −$766	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.53 bp	12.4 bp −$12	30.9 bp −$309	73.1 bp −$7,313	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	572.87	−0.063%	$20K	$49K	20x	as long as short
Gate DELL_USDTshort	0.0000%	8h	573.12	−0.019%	$4.1M	$7.0M	50x
Bitget DELLUSDT	0.0000%	8h	573.42	+0.033%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.66	+0.075%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.272%	$8K	$83K	12x	as long as short
Bybit DELLUSDT	+0.0072%	8h	573.23	0.000%	$6.1M	$4.0M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.86	−0.065%	$939K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.72	+0.085%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.43	+0.035%	$18K	$58K	10x	as long as short
tradeXYZ xyz:DELL	+0.0120%	1h	572.78	−0.079%	$7.5M	$6.9M	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DELLUSDC	+0.0173%	4h	573.18	−0.008%	$5K	$333K	10x	as long as short
Polymarket Perps DELL-USD	+0.0183%	1h	572.96	−0.047%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAPlong	+0.0218%	8h	573.23	long leg	$5.8M	$6.7M	20x
Variational Omni DELL	+0.0419%	8h	573.26	+0.005%	$259K	$61K	—	as long as short
Binance DELLUSDT	+0.0508%	8h	573.21	−0.003%	$18.3M	$66.8M	20x	as long as short
Extended DELL-USD	+0.0512%	1h	573.39	+0.028%	$333K	$2.0M	10x	as long as short
GRVT DELL_USDT_Perp	+0.0525%	8h	572.80	−0.076%	$974	$147K	10x	as long as short
BloFin DELL-USDT	+0.0530%	8h	573.19	−0.007%	$323K	$234K	20x	as long as short
Nado DELL-PERP	+0.0765%	1h	572.93	−0.052%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.0893%	1h	573.02	−0.037%	$3K	$228K	10x	as long as short