Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h +0.023%
Price spread now: Gate against Bybit−0.086%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.086%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.091% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.224%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DELLUSDT | 578.88 | 0.0209 | pay 0.0209% / 8h | 7h 04m | $6.2M | $3.9M | 50x |
| Short | Gate DELL_USDT | 578.38 | 0.0123 | get 0.0123% / 8h | 7h 04m | $4.1M | $7.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$17.99
- Price spread: −0.086% → +0.004%
- −$9.05
- Slippage, 4 orders
- −$35.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$88.96
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 4 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 | 2.25 bp | 16.2 bp −$16 | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.69 bp | 16.6 bp −$17 | 51.1 bp −$511 | 82.8 bp −$8,282 | 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 | 578.18 | −0.120% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 579.02 | +0.024% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.246% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.45 | −0.074% | $948K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.38 | +0.086% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 579.29 | +0.071% | $18K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0113% | 1h | 578.24 | −0.111% | $7.4M | $6.9M | 10x | as long as short |
| Gate DELL_USDTshort | +0.0123% | 8h | 578.38 | −0.086% | $4.1M | $7.7M | 50x | |
| Bitget DELLUSDT | +0.0178% | 8h | 578.68 | −0.035% | $3.6M | $4.7M | 20x | as long as short |
| Bybit DELLUSDTlong | +0.0209% | 8h | 578.88 | long leg | $6.2M | $3.9M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0435% | 4h | 579.13 | +0.043% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0500% | 8h | 579.02 | +0.024% | $262K | $83K | — | as long as short |
| Polymarket Perps DELL-USD | +0.0516% | 1h | 578.76 | −0.021% | $8K | $54K | 10x | as long as short |
| Extended DELL-USD | +0.0616% | 1h | 578.93 | +0.008% | $340K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0621% | 8h | 578.73 | −0.026% | $18.7M | $65.3M | 20x | as long as short |
| BloFin DELL-USDT | +0.0640% | 8h | 579.11 | +0.040% | $321K | $222K | 20x | as long as short |
| OKX DELL-USDT-SWAP | +0.0679% | 8h | 578.65 | −0.040% | $5.9M | $6.5M | 20x | as long as short |
| Nado DELL-PERP | +0.0787% | 1h | 578.13 | −0.130% | $69K | $15K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 578.62 | −0.045% | $3K | $280K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1294% | 8h | 579.05 | +0.029% | $747 | $157K | 10x | as long as short |
Bybit DELLUSDT
Gate DELL_USDT
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
HTX DELL-USDT
tradeXYZ xyz:DELL
Bitget DELLUSDT
edgeX DELLUSDC
Variational Omni DELL
Polymarket Perps DELL-USD
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
OKX DELL-USDT-SWAP
Phoenix DELL
GRVT DELL_USDT_Perp