Funding you earn now, next payment 08:00 UTC+0.0561%/8h= +61.4% APRnext payment +$5.61 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against Bybit+0.019%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 2 days (all we have)−0.012%−$1 · spread now +0.019%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.075%, 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 -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.61 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 | Bybit DELLUSDT | 576.19 | 0.0074 | pay 0.0074% / 8h | 6h 15m | $6.1M | $3.9M | 50x |
| Short | Binance DELLUSDT | 576.30 | 0.0635 | get 0.0635% / 8h | 6h 15m | $18.7M | $65.3M | 20x |
Bybit DELLUSDT
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $117.83
- Price spread: +0.019% → +0.029%
- −$1
- Slippage, 4 orders
- −$28.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $67.78
- Costs to cover
- 0.491%
- Break-even
- 3.0 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 12 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 Bybit live order book, 3 min ago | 2.26 bp | 14.7 bp −$15 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 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 | 576.16 | −0.005% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.14 | −0.009% | $4.1M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.23 | +0.007% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.60 | +0.071% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.784% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.67 | −0.090% | $7.5M | $7.0M | 10x | as long as short |
| Bybit DELLUSDTlong | +0.0074% | 8h | 576.19 | long leg | $6.1M | $3.9M | 50x | |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.00 | −0.033% | $944K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.13 | +0.163% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.17 | +0.170% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0181% | 1h | 576.18 | −0.002% | $7K | $55K | 10x | as long as short |
| Variational Omni DELL | +0.0521% | 8h | 576.33 | +0.024% | $263K | $87K | — | as long as short |
| OKX DELL-USDT-SWAP | +0.0623% | 8h | 576.00 | −0.033% | $5.9M | $6.5M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 576.37 | +0.030% | $339K | $1.2M | 10x | as long as short |
| Binance DELLUSDTshort | +0.0635% | 8h | 576.30 | +0.019% | $18.7M | $65.3M | 20x | |
| GRVT DELL_USDT_Perp | +0.0746% | 8h | 576.56 | +0.064% | $1K | $153K | 10x | as long as short |
| edgeX DELLUSDC | +0.0759% | 4h | 576.50 | +0.054% | $5K | $334K | 10x | as long as short |
| Nado DELL-PERP | +0.0779% | 1h | 575.94 | −0.044% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0789% | 1h | 576.06 | −0.023% | $3K | $258K | 10x | as long as short |
Polymarket Perps DELL-USD
Variational Omni DELL
OKX DELL-USDT-SWAP
Extended DELL-USD
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Nado DELL-PERP
Phoenix DELL