Funding you earn now, next payment 02:00 UTC−0.0709%/8h= −77.6% APRpaid last 24h −0.144%
Price spread now: tradeXYZ against edgeX−0.141%66s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.141%, 7d avg −0.047%
=Together, before fees+0.123%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and tradeXYZ is 0.094% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.047%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment. 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 | edgeX DELLUSDC | 576.50 | 0.0759 | pay 0.0380% / 4h | 2h 14m | $5K | $334K | 10x |
| Short | tradeXYZ xyz:DELL | 575.69 | 0.0050 | get 0.0006% / 1h | 14m 22s | $7.5M | $7.0M | 10x |
edgeX DELLUSDC
tradeXYZ xyz:DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- −$148.9
- Price spread: −0.141% → −0.047%
- −$9.38
- Slippage, 4 orders
- −$19.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$204.45
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; tradeXYZ: 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 edgeX live order book, 54 min ago | 4.41 bp | 9.2 bp −$9 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.69 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | 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 | 576.33 | −0.030% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.12 | −0.066% | $4.1M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.17 | −0.057% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.58 | +0.014% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.838% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLshort | +0.0050% | 1h | 575.69 | −0.141% | $7.5M | $7.0M | 10x | |
| Bybit DELLUSDT | +0.0070% | 8h | 576.11 | −0.068% | $6.1M | $3.9M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.94 | −0.097% | $944K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.99 | +0.085% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.45 | −0.009% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
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 | +0.0178% | 1h | 575.90 | −0.104% | $7K | $55K | 10x | as long as short |
| Variational Omni DELL | +0.0521% | 8h | 576.33 | −0.030% | $263K | $87K | — | as long as short |
| OKX DELL-USDT-SWAP | +0.0620% | 8h | 576.00 | −0.087% | $5.9M | $6.5M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 576.21 | −0.050% | $339K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0634% | 8h | 576.44 | −0.010% | $18.7M | $65.2M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0746% | 8h | 576.56 | +0.010% | $1K | $153K | 10x | as long as short |
| edgeX DELLUSDClong | +0.0759% | 4h | 576.50 | long leg | $5K | $334K | 10x | |
| Nado DELL-PERP | +0.0772% | 1h | 575.94 | −0.097% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0789% | 1h | 576.06 | −0.076% | $3K | $258K | 10x | as long as short |
Polymarket Perps DELL-USD
Variational Omni DELL
OKX DELL-USDT-SWAP
Extended DELL-USD
Binance DELLUSDT
GRVT DELL_USDT_Perp
Nado DELL-PERP
Phoenix DELL