Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.017%
Price spread now: tradeXYZ against Orderly−0.215%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.215% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_DELL_USDC_mythos | 577.39 | 0.0100 | pay 0.0100% / 8h | 5h 21m | $3K | $336 | 10x |
| Short | tradeXYZ xyz:DELL | 576.15 | 0.0050 | get 0.0006% / 1h | 21m 31s | $7.5M | $7.0M | 10x |
Orderly PERP_DELL_USDC_mythos
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Orderly. 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
- −$10.5
- Price spread: −0.215% → 0.000%
- −$21.48
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$55.98
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 6 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 6 min ago | 1.04 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 576.39 | −0.173% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.64 | −0.130% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.68 | −0.123% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0010% | 8h | 576.71 | −0.118% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.07 | −0.055% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.991% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 576.15 | −0.215% | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.64 | −0.130% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.32 | −0.185% | $945K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythoslong | +0.0100% | 8h | 577.39 | long leg | $3K | $336 | 10x |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 576.37 | −0.177% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0496% | 8h | 576.80 | −0.102% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0530% | 8h | 576.37 | −0.176% | $263K | $86K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0538% | 8h | 576.63 | −0.131% | $1K | $152K | 10x | as long as short |
| edgeX DELLUSDC | +0.0586% | 4h | 576.37 | −0.177% | $5K | $333K | 10x | as long as short |
| BloFin DELL-USDT | +0.0623% | 8h | 576.82 | −0.099% | $276K | $220K | 20x | as long as short |
| Binance DELLUSDT | +0.0628% | 8h | 576.90 | −0.085% | $18.7M | $65.0M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 576.71 | −0.117% | $339K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0652% | 1h | 576.36 | −0.178% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 576.44 | −0.165% | $3K | $258K | 10x | as long as short |
HTX DELL-USDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
edgeX DELLUSDC
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Nado DELL-PERP
Phoenix DELL