Funding you earn now, next payment 02:00 UTC+0.0584%/8h= +64.0% APRpaid last 24h +0.022%
Price spread now: Binance against tradeXYZ+0.122%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 2 days (all we have)−0.052%−$5 · spread now +0.122%, 7d avg +0.069%
=Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Binance is 0.053% dearer against tradeXYZ than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, 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 -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:DELL | 575.69 | 0.0050 | pay 0.0006% / 1h | 14m 29s | $7.5M | $7.0M | 10x |
| Short | Binance DELLUSDT | 576.39 | 0.0634 | get 0.0634% / 8h | 6h 14m | $18.7M | $65.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $122.69
- Price spread: +0.122% → +0.069%
- $5.29
- Slippage, 4 orders
- −$13.87
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $86.11
- Costs to cover
- 0.419%
- Break-even
- 2.1 days
Slippage from tradeXYZ: live order book, 4 min ago; Binance: 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 tradeXYZ live order book, 4 min ago | 0.69 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.61 bp | 9.9 bp −$10 | 25.5 bp −$255 | 94.8 bp −$9,478 | doesn't fit |
DELL on 19 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 | 576.24 | +0.096% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.09 | +0.069% | $4.1M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.17 | +0.083% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.66 | +0.168% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.698% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 575.69 | long leg | $7.5M | $7.0M | 10x | |
| Bybit DELLUSDT | +0.0070% | 8h | 576.16 | +0.082% | $6.1M | $3.9M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.94 | +0.043% | $944K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.13 | +0.250% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.17 | +0.257% | $18K | $58K | 10x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0178% | 1h | 575.90 | +0.036% | $7K | $55K | 10x | as long as short |
| Variational Omni DELL | +0.0521% | 8h | 576.33 | +0.111% | $263K | $87K | — | as long as short |
| OKX DELL-USDT-SWAP | +0.0623% | 8h | 575.93 | +0.042% | $5.9M | $6.5M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 576.25 | +0.097% | $339K | $1.2M | 10x | as long as short |
| Binance DELLUSDTshort | +0.0634% | 8h | 576.39 | +0.122% | $18.7M | $65.2M | 20x | |
| GRVT DELL_USDT_Perp | +0.0746% | 8h | 576.56 | +0.151% | $1K | $153K | 10x | as long as short |
| edgeX DELLUSDC | +0.0759% | 4h | 576.50 | +0.141% | $5K | $334K | 10x | as long as short |
| Nado DELL-PERP | +0.0772% | 1h | 575.94 | +0.044% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0789% | 1h | 576.06 | +0.064% | $3K | $258K | 10x | as long as short |
tradeXYZ xyz:DELL
Binance DELLUSDT
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
KuCoin DELLUSDTM
HTX DELL-USDT
Polymarket Perps DELL-USD
Variational Omni DELL
OKX DELL-USDT-SWAP
Extended DELL-USD
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Phoenix DELL