Settings8H · net · $10k
Funding arb · Price arb /

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against Bitget−0.040%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3643.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.040%, 7d avg −0.009%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of −0.009%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DELLUSDT573.900get 0.0000% / 8h1h 04m$3.7M$4.7M20x
ShortKuCoin DELLUSDTM573.670.0100get 0.0100% / 8h1h 04m$940K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Funding earned
$21
Price spread: −0.040% → −0.009%
−$3.06
Slippage, 4 orders
−$340.1
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$346.16
Costs to cover
3.641%
Break-even
122.4 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.44 bp20.3 bp −$2043.5 bp −$435doesn't fitdoesn't fit
Sell KuCoin live order book, 30 min ago26.41 bp87.7 bp −$88doesn't fitdoesn't fitdoesn't fit

DELL on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h573.70−0.034%$20K$49K20xas long as short
Gate DELL_USDT0.0000%8h573.99+0.016%$4.1M$7.2M50xas long as short
Bitget DELLUSDTlong0.0000%8h573.90long leg$3.7M$4.7M20x
Lighter DELL+0.0032%1h574.42+0.091%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.389%$8K$83K12xas long as short
Bybit DELLUSDT+0.0091%8h573.900.000%$6.1M$4.0M50xas long as short
tradeXYZ xyz:DELL+0.0097%1h573.57−0.058%$7.5M$6.9M10xas long as short
KuCoin DELLUSDTMshort+0.0100%8h573.67−0.040%$940K$28K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.57+0.117%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h574.25+0.061%$17K$58K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0188%1h573.82−0.014%$7K$54K10xas long as short
OKX DELL-USDT-SWAP+0.0246%8h574.07+0.030%$5.8M$6.7M20xas long as short
Variational Omni DELL+0.0452%8h574.26+0.064%$259K$61Kas long as short
Binance DELLUSDT+0.0538%8h574.00+0.017%$18.4M$66.9M20xas long as short
Extended DELL-USD+0.0544%1h573.83−0.012%$335K$1.1M10xas long as short
GRVT DELL_USDT_Perp+0.0550%8h573.85−0.009%$1K$147K10xas long as short
BloFin DELL-USDT+0.0558%8h574.16+0.045%$323K$234K20xas long as short
Nado DELL-PERP+0.0860%1h574.07+0.030%$69K$20K10xas long as short
Phoenix DELL+0.0863%1h573.52−0.066%$3K$228K10xas long as short
edgeX DELLUSDC+0.0911%4h573.81−0.015%$5K$333K10xas long as short