Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.008%

Price spread now: tradeXYZ against Bitget−0.080%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$650.647% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.109%+$11 · spread now −0.080%, 7d avg −0.028%

Together, before fees+0.173%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.052% cheaper against Bitget than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.028%). If the spread goes back, that is −$5 on $10k: about 48 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.063% in total) that is about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DELLUSDT	573.44	0	get 0.0000% / 8h	1h 26m	$3.6M	$4.7M	20x
Short	tradeXYZ xyz:DELL	572.98	0.0087	get 0.0011% / 1h	26m 58s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.080%Rate

Funding earned: $18.34
Price spread: −0.080% → −0.028%: −$5.2
Slippage, 4 orders: −$34.71
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$51.57
Costs to cover: 0.647%
Break-even: 26.7 days

Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 2 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 Bitget live order book, 1 min ago	3.49 bp	12.6 bp −$13	25.9 bp −$259	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	0.79 bp	15.7 bp −$16	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	573.07	−0.064%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.58	+0.024%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDTlong	0.0000%	8h	573.44	long leg	$3.6M	$4.7M	20x
Lighter DELL	+0.0032%	1h	573.89	+0.078%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.309%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0087%	1h	572.98	−0.080%	$7.5M	$7.0M	10x
KuCoin DELLUSDTM	+0.0100%	8h	573.03	−0.071%	$939K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.08	+0.112%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.29	−0.026%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0127%	8h	573.37	−0.012%	$6.1M	$4.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DELLUSDC	+0.0128%	4h	573.57	+0.023%	$5K	$332K	10x	as long as short
Polymarket Perps DELL-USD	+0.0196%	1h	573.48	+0.007%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0270%	8h	573.94	+0.087%	$5.8M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0499%	8h	573.11	−0.057%	$259K	$61K	—	as long as short
GRVT DELL_USDT_Perp	+0.0560%	8h	573.12	−0.056%	$630	$147K	10x	as long as short
BloFin DELL-USDT	+0.0560%	8h	573.57	+0.023%	$323K	$234K	20x	as long as short
Binance DELLUSDT	+0.0583%	8h	573.52	+0.014%	$18.4M	$67.0M	20x	as long as short
Extended DELL-USD	+0.0584%	1h	573.38	−0.010%	$335K	$1.1M	10x	as long as short
Phoenix DELL	+0.0863%	1h	572.96	−0.084%	$3K	$228K	10x	as long as short
Nado DELL-PERP	+0.0886%	1h	572.77	−0.117%	$69K	$20K	10x	as long as short