DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRnext payment −$0.87 per $10,000 · paid last 24h +0.011%

Price spread now: KuCoin against Bybit−0.012%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$369as in the Funding arb table

Net, price: spread back to 7d avg − costs−$380as in the Price arb table

costs, in and out, $10k−$3813.805% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.012%, 7d avg −0.021%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.114%, 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	574.46	0.0187	pay 0.0187% / 8h	3h 39m	$6.1M	$3.9M	50x
Short	KuCoin DELLUSDTM	574.39	0.0100	get 0.0100% / 8h	3h 39m	$940K	$29K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$18.36
Price spread: −0.012% → −0.021%: $0.91
Slippage, 4 orders: −$357.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$398
Costs to cover: 3.805%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 5 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	1.91 bp	16.3 bp −$16	87.1 bp −$871	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	16.00 bp	137.8 bp −$138	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	574.44	−0.003%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.66	+0.035%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.65	+0.033%	$3.6M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	574.92	+0.080%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.486%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.28	−0.031%	$7.6M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	574.66	+0.035%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTMshort	+0.0100%	8h	574.39	−0.012%	$940K	$29K	20x
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.45	+0.172%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.58	+0.195%	$17K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDTlong	+0.0187%	8h	574.46	long leg	$6.1M	$3.9M	50x
OKX DELL-USDT-SWAP	+0.0394%	8h	574.48	+0.003%	$5.8M	$6.6M	20x	as long as short
edgeX DELLUSDC	+0.0458%	4h	575.21	+0.131%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0612%	8h	575.11	+0.113%	$262K	$64K	—	as long as short
GRVT DELL_USDT_Perp	+0.0636%	8h	575.31	+0.148%	$915	$153K	10x	as long as short
BloFin DELL-USDT	+0.0677%	8h	575.35	+0.155%	$322K	$219K	20x	as long as short
Extended DELL-USD	+0.0704%	1h	574.40	−0.011%	$333K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0705%	8h	574.56	+0.017%	$18.5M	$65.9M	20x	as long as short
Nado DELL-PERP	+0.0841%	1h	574.59	+0.023%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.1040%	1h	575.64	+0.205%	$3K	$260K	10x	as long as short