Funding you earn now, next payment 03:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.046%
Price spread now: OKX against tradeXYZ+0.064%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.064%, 7d avg +0.074%
=Together, before fees−0.008%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% 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 | 577.21 | 0.0050 | pay 0.0006% / 1h | 0m 04s | $7.5M | $7.0M | 10x |
| Short | OKX DELL-USDT-SWAP | 577.58 | 0.0450 | get 0.0450% / 8h | 5h 00m | $5.8M | $6.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $83.97
- Price spread: +0.064% → +0.074%
- −$0.95
- Slippage, 4 orders
- −$19.15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $35.87
- Costs to cover
- 0.471%
- Break-even
- 4.0 days
Slippage from tradeXYZ: live order book, 8 min ago; OKX: live order book, 3 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, 8 min ago | 1.13 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.30 bp | 8.1 bp −$8 | 44.2 bp −$442 | 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 | 577.38 | +0.029% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.62 | +0.071% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 577.59 | +0.066% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0008% | 8h | 577.71 | +0.087% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.91 | +0.121% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.960% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 577.21 | long leg | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 577.39 | +0.031% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.19 | −0.003% | $946K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.17 | +0.166% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 578.23 | +0.177% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0450% | 8h | 577.58 | +0.064% | $5.8M | $6.6M | 20x | |
| GRVT DELL_USDT_Perp | +0.0471% | 8h | 577.62 | +0.071% | $901 | $151K | 10x | as long as short |
| edgeX DELLUSDC | +0.0499% | 4h | 577.81 | +0.105% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0509% | 8h | 577.62 | +0.071% | $264K | $86K | — | as long as short |
| BloFin DELL-USDT | +0.0594% | 8h | 577.82 | +0.106% | $322K | $220K | 20x | as long as short |
| Extended DELL-USD | +0.0608% | 1h | 577.70 | +0.084% | $335K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0609% | 8h | 577.93 | +0.125% | $18.8M | $64.9M | 20x | as long as short |
| Nado DELL-PERP | +0.0670% | 1h | 576.99 | −0.038% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 577.65 | +0.076% | $3K | $258K | 10x | as long as short |
tradeXYZ xyz:DELL
OKX DELL-USDT-SWAP
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
HTX DELL-USDT
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Variational Omni DELL
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL