Funding you earn now, next payment 08:00 UTC+0.0505%/8h= +55.3% APRnext payment +$5.05 per $10,000 · paid last 24h +0.052%
Price spread now: OKX against Bitget+0.021%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.021%, 7d avg +0.052%
=Funding pays, the price is against you. OKX is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.052%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.113% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.05 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 | Bitget DELLUSDT | 578.38 | 0.0172 | pay 0.0172% / 8h | 7h 02m | $3.6M | $4.7M | 20x |
| Short | OKX DELL-USDT-SWAP | 578.50 | 0.0677 | get 0.0677% / 8h | 7h 02m | $5.9M | $6.5M | 20x |
Bitget DELLUSDT
OKX DELL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $106.11
- Price spread: +0.021% → +0.052%
- −$3.09
- Slippage, 4 orders
- −$60.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $20.77
- Costs to cover
- 0.822%
- Break-even
- 5.6 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 6 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 Bitget live order book, 1 min ago | 3.03 bp | 20.5 bp −$20 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.12 bp | 17.9 bp −$18 | 64.7 bp −$647 | 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 | 577.98 | −0.070% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.81 | +0.074% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.160% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0100% | 1h | 577.86 | −0.090% | $7.4M | $6.9M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.09 | −0.050% | $947K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.38 | +0.173% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.37 | −0.002% | $18K | $58K | 10x | as long as short |
| Gate DELL_USDT | +0.0112% | 8h | 578.21 | −0.029% | $4.1M | $7.7M | 50x | as long as short |
| Bitget DELLUSDTlong | +0.0172% | 8h | 578.38 | long leg | $3.6M | $4.7M | 20x | |
| Bybit DELLUSDT | +0.0197% | 8h | 578.38 | 0.000% | $6.1M | $3.9M | 50x | as long as short |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Gate DELL_USDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0435% | 4h | 579.13 | +0.129% | $5K | $334K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0500% | 1h | 578.49 | +0.019% | $8K | $54K | 10x | as long as short |
| Variational Omni DELL | +0.0500% | 8h | 579.02 | +0.110% | $262K | $83K | — | as long as short |
| Extended DELL-USD | +0.0624% | 1h | 578.61 | +0.039% | $336K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0625% | 8h | 578.52 | +0.024% | $18.7M | $65.3M | 20x | as long as short |
| BloFin DELL-USDT | +0.0629% | 8h | 578.95 | +0.099% | $321K | $222K | 20x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0677% | 8h | 578.50 | +0.021% | $5.9M | $6.5M | 20x | |
| Nado DELL-PERP | +0.0781% | 1h | 577.99 | −0.067% | $69K | $15K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 578.62 | +0.041% | $3K | $280K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1261% | 8h | 578.94 | +0.096% | $747 | $157K | 10x | as long as short |
edgeX DELLUSDC
Polymarket Perps DELL-USD
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL
GRVT DELL_USDT_Perp