Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.97 per $10,000 · paid last 24h +0.041%
Price spread now: OKX against Bybit+0.088%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.088%, 7d avg +0.034%
=The price spread pays, funding is against you. OKX is 0.054% dearer against Bybit than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.058%, 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 | 580.13 | 0.0733 | pay 0.0733% / 8h | 7h 48m | $6.1M | $3.9M | 50x |
| Short | OKX DELL-USDT-SWAP | 580.64 | 0.0636 | get 0.0636% / 8h | 7h 48m | $5.9M | $6.5M | 20x |
Bybit DELLUSDT
OKX DELL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$20.36
- Price spread: +0.088% → +0.034%
- $5.4
- Slippage, 4 orders
- −$33.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.83
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: 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, 5 min ago | 0.52 bp | 10.6 bp −$11 | 78.3 bp −$783 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.38 bp | 17.1 bp −$17 | 76.3 bp −$763 | 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 | 579.14 | −0.171% | $21K | $50K | 20x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.458% | $8K | $83K | 12x | as long as short |
| edgeX DELLUSDC | +0.0078% | 4h | 580.49 | +0.062% | $5K | $333K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 579.42 | −0.122% | $950K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 581.04 | +0.157% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 580.85 | +0.124% | $18K | $58K | 10x | as long as short |
| Lighter DELL | +0.0144% | 1h | 580.36 | +0.040% | $34K | $12K | 10x | as long as short |
| Bitget DELLUSDT | +0.0190% | 8h | 580.20 | +0.012% | $3.5M | $4.7M | 20x | as long as short |
| Variational Omni DELL | +0.0301% | 8h | 580.40 | +0.047% | $262K | $81K | — | as long as short |
| BloFin DELL-USDT | +0.0413% | 8h | 580.46 | +0.057% | $319K | $223K | 20x | as long as short |
Aster DELLUSDT
Injective DELL/USDC PERP
edgeX DELLUSDC
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Lighter DELL
Bitget DELLUSDT
Variational Omni DELL
BloFin DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DELLUSDT | +0.0437% | 8h | 580.50 | +0.064% | $18.8M | $66.0M | 20x | as long as short |
| Extended DELL-USD | +0.0440% | 1h | 580.38 | +0.043% | $339K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0541% | 1h | 579.67 | −0.079% | $7.4M | $7.0M | 10x | as long as short |
| OKX DELL-USDT-SWAPshort | +0.0636% | 8h | 580.64 | +0.088% | $5.9M | $6.5M | 20x | |
| Bybit DELLUSDTlong | +0.0733% | 8h | 580.13 | long leg | $6.1M | $3.9M | 50x | |
| Gate DELL_USDT | +0.0767% | 8h | 580.13 | 0.000% | $4.2M | $7.5M | 50x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 579.81 | −0.055% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0875% | 1h | 578.68 | −0.250% | $69K | $13K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.1061% | 1h | 580.40 | +0.047% | $9K | $53K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1754% | 8h | 580.55 | +0.072% | $1K | $167K | 10x | as long as short |
Binance DELLUSDT
Extended DELL-USD
tradeXYZ xyz:DELL
Gate DELL_USDT
Phoenix DELL
Nado DELL-PERP
Polymarket Perps DELL-USD
GRVT DELL_USDT_Perp