Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$2.48 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against OKX+0.038%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.038%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.079% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.134%, 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 -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 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 | OKX DELL-USDT-SWAP | 577.91 | 0.0447 | pay 0.0447% / 8h | 4h 12m | $5.9M | $6.7M | 20x |
| Short | Binance DELLUSDT | 578.13 | 0.0696 | get 0.0696% / 8h | 4h 12m | $18.7M | $65.9M | 20x |
OKX DELL-USDT-SWAP
Binance DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $52.17
- Price spread: +0.038% → −0.041%
- $7.89
- Slippage, 4 orders
- −$25.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $14.64
- Costs to cover
- 0.454%
- Break-even
- 5.0 days
Slippage from OKX: live order book, 6 min ago; Binance: live order book, 15 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 OKX live order book, 6 min ago | 2.07 bp | 10.1 bp −$10 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.61 bp | 7.5 bp −$8 | 25.0 bp −$250 | 94.2 bp −$9,416 | 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 | 577.23 | −0.118% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.87 | −0.007% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.04 | +0.022% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.48 | +0.099% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.080% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.80 | −0.019% | $947K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.73 | +0.142% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.18 | +0.047% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0199% | 8h | 578.06 | +0.026% | $6.2M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0213% | 1h | 577.41 | −0.087% | $7.6M | $7.0M | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
tradeXYZ xyz:DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0308% | 4h | 578.13 | +0.037% | $5K | $335K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0395% | 1h | 577.84 | −0.012% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAPlong | +0.0447% | 8h | 577.91 | long leg | $5.9M | $6.7M | 20x | |
| Variational Omni DELL | +0.0593% | 8h | 578.60 | +0.120% | $264K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0625% | 8h | 578.32 | +0.071% | $2K | $152K | 10x | as long as short |
| BloFin DELL-USDT | +0.0675% | 8h | 578.19 | +0.048% | $323K | $221K | 20x | as long as short |
| Phoenix DELL | +0.0679% | 1h | 578.38 | +0.081% | $3K | $258K | 10x | as long as short |
| Binance DELLUSDTshort | +0.0696% | 8h | 578.13 | +0.038% | $18.7M | $65.9M | 20x | |
| Extended DELL-USD | +0.0696% | 1h | 577.96 | +0.009% | $334K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0902% | 1h | 577.16 | −0.130% | $69K | $18K | 10x | as long as short |
edgeX DELLUSDC
Polymarket Perps DELL-USD
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Phoenix DELL
Extended DELL-USD
Nado DELL-PERP