Funding you earn now, next payment 01:00 UTC−0.0531%/8h= −58.1% APRpaid last 24h −0.022%
Price spread now: tradeXYZ against Binance−0.142%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 2 days (all we have)+0.079%+$8 · spread now −0.142%, 7d avg −0.065%
=Together, before fees+0.148%+ Points / potential airdroptradeXYZ: Active · farm board+$15 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 tradeXYZ is 0.077% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% 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 | Binance DELLUSDT | 578.57 | 0.0626 | pay 0.0626% / 8h | 7h 00m | $18.8M | $65.3M | 20x |
| Short | tradeXYZ xyz:DELL | 577.75 | 0.0096 | get 0.0012% / 1h | 0m 23s | $7.4M | $6.9M | 10x |
Binance DELLUSDT
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$111.43
- Price spread: −0.142% → −0.065%
- −$7.67
- Slippage, 4 orders
- −$15.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$162.42
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; tradeXYZ: live order book, 8 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 Binance live order book, 12 min ago | 0.09 bp | 9.4 bp −$9 | 29.4 bp −$294 | 117.6 bp −$11.8K | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.04 bp | 12.0 bp −$12 | doesn't fit | 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 | 577.85 | −0.124% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.63 | +0.010% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.193% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0096% | 1h | 577.75 | −0.142% | $7.4M | $6.9M | 10x | |
| Gate DELL_USDT | +0.0098% | 8h | 578.21 | −0.062% | $4.1M | $7.7M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.96 | −0.106% | $947K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.25 | +0.117% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.60 | +0.005% | $18K | $58K | 10x | as long as short |
| Bitget DELLUSDT | +0.0161% | 8h | 578.66 | +0.015% | $3.6M | $4.7M | 20x | as long as short |
| Bybit DELLUSDT | +0.0178% | 8h | 578.26 | −0.054% | $6.1M | $3.9M | 50x | as long as short |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Gate DELL_USDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bitget DELLUSDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0488% | 1h | 578.25 | −0.056% | $7K | $54K | 10x | as long as short |
| Variational Omni DELL | +0.0510% | 8h | 578.19 | −0.066% | $262K | $83K | — | as long as short |
| Extended DELL-USD | +0.0624% | 1h | 578.34 | −0.040% | $336K | $1.2M | 10x | as long as short |
| Binance DELLUSDTlong | +0.0626% | 8h | 578.57 | long leg | $18.8M | $65.3M | 20x | |
| BloFin DELL-USDT | +0.0631% | 8h | 578.70 | +0.022% | $321K | $221K | 20x | as long as short |
| OKX DELL-USDT-SWAP | +0.0678% | 8h | 578.34 | −0.040% | $5.9M | $6.5M | 20x | as long as short |
| Nado DELL-PERP | +0.0771% | 1h | 577.81 | −0.132% | $69K | $15K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 577.92 | −0.113% | $3K | $280K | 10x | as long as short |
| edgeX DELLUSDC | +0.0835% | 4h | 578.76 | +0.032% | $5K | $334K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1261% | 8h | 578.94 | +0.063% | $747 | $157K | 10x | as long as short |
Polymarket Perps DELL-USD
Variational Omni DELL
Extended DELL-USD
BloFin DELL-USDT
OKX DELL-USDT-SWAP
Nado DELL-PERP
Phoenix DELL
edgeX DELLUSDC
GRVT DELL_USDT_Perp