Funding you earn now, next payment 08:00 UTC−0.0524%/8h= −57.3% APRnext payment −$5.24 per $10,000 · paid last 24h +0.018%
Price spread now: Gate against Variational Omni−0.050%7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.050%, 7d avg −0.012%
=Together, before fees+0.021%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.050% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.24 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 | Variational Omni DELL | 573.39 | 0.0524 | pay 0.0524% / 8h | 1h 47m | $258K | $61K | — |
| Short | Gate DELL_USDT | 573.10 | 0 | get 0.0000% / 8h | 1h 47m | $4.1M | $7.2M | 50x |
Variational Omni DELL
Gate DELL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Variational Omni. 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
- −$109.98
- Price spread: −0.050% → −0.012%
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$128.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Gate: live order book, 1 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 Variational Omni RFQ quote, 61 min ago | 3.06 bp | doesn't fit | 82.9 bp −$829 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.45 bp | 13.7 bp −$14 | 23.4 bp −$234 | 76.3 bp −$7,634 | 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 | 572.90 | −0.085% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDTshort | 0.0000% | 8h | 573.10 | −0.050% | $4.1M | $7.2M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 573.10 | −0.050% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.17 | −0.038% | $33K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.299% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.66 | −0.127% | $938K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.53 | +0.025% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.56 | +0.030% | $17K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0113% | 1h | 572.57 | −0.142% | $7.5M | $7.0M | 10x | as long as short |
| Bybit DELLUSDT | +0.0136% | 8h | 572.84 | −0.095% | $6.1M | $4.0M | 50x | as long as short |
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
tradeXYZ xyz:DELL
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0183% | 1h | 572.76 | −0.109% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0280% | 8h | 573.32 | −0.011% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0468% | 4h | 573.88 | +0.087% | $5K | $334K | 10x | as long as short |
| Variational Omni DELLlong | +0.0524% | 8h | 573.39 | long leg | $258K | $61K | — | |
| GRVT DELL_USDT_Perp | +0.0563% | 8h | 573.37 | −0.002% | $631 | $148K | 10x | as long as short |
| BloFin DELL-USDT | +0.0586% | 8h | 573.68 | +0.051% | $323K | $233K | 20x | as long as short |
| Binance DELLUSDT | +0.0616% | 8h | 572.85 | −0.093% | $18.4M | $66.9M | 20x | as long as short |
| Extended DELL-USD | +0.0616% | 1h | 573.00 | −0.067% | $337K | $1.1M | 10x | as long as short |
| Phoenix DELL | +0.0863% | 1h | 573.02 | −0.064% | $3K | $228K | 10x | as long as short |
| Nado DELL-PERP | +0.0974% | 1h | 572.51 | −0.152% | $69K | $20K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
edgeX DELLUSDC
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Phoenix DELL
Nado DELL-PERP