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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0152%/8h= −16.6% APRnext payment $1.52 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against BloFin−0.134%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$520.517% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.374%+$37 · spread now −0.134%, 7d avg −0.003%
Together, before fees+0.338%+ Points / potential airdropGRVT: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.132% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DELL-USDT573.460.0152pay 0.0152% / 8h6h 58m$322K$236K20x
ShortGRVT DELL_USDT_Perp572.690get 0.0000% / 8h6h 58m$682$138K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
−$31.85
Price spread: −0.134% → −0.003%
−$13.17
Slippage, 4 orders
−$30.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$96.68
Costs to cover
0.517%
Break-even
never at this rate
Slippage from BloFin: live order book, 11 min ago; GRVT: live order book, 29 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 BloFin live order book, 11 min ago0.96 bp12.0 bp −$1222.1 bp −$221doesn't fitdoesn't fit
Sell GRVT live order book, 29 min ago3.34 bp15.1 bp −$15doesn'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
tradeXYZ xyz:DELL−0.0375%1h572.66−0.140%$7.6M$6.8M10xas long as short
Nado DELL-PERP−0.0180%1h573.51+0.009%$69K$20K10xas long as short
Aster DELLUSDT0.0000%8h572.70−0.133%$20K$49K20xas long as short
Bybit DELLUSDT0.0000%8h573.14−0.056%$6.1M$3.9M50xas long as short
Gate DELL_USDT0.0000%8h573.23−0.040%$4.0M$6.5M50xas long as short
Bitget DELLUSDT0.0000%8h573.25−0.037%$3.7M$4.6M20xas long as short
GRVT DELL_USDT_Perpshort0.0000%8h572.69−0.134%$682$138K10x
Lighter DELL+0.0032%1h573.44−0.003%$33K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.312%$8K$83K12xas long as short
OKX DELL-USDT-SWAP+0.0042%8h573.23−0.040%$5.9M$6.7M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0050%1h573.35−0.019%$7K$55K10xas long as short
Variational Omni DELL+0.0087%8h572.67−0.138%$259K$61Kas long as short
KuCoin DELLUSDTM+0.0100%8h572.44−0.178%$938K$112K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h573.40−0.010%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h571.78−0.293%$18K$58K10xas long as short
BloFin DELL-USDTlong+0.0152%8h573.46long leg$322K$236K20x
Extended DELL-USD+0.0168%1h573.24−0.038%$331K$2.6M10xas long as short
Binance DELLUSDT+0.0171%8h573.45−0.002%$18.3M$66.6M20xas long as short
edgeX DELLUSDC+0.0193%4h572.70−0.132%$5K$335K10xas long as short
Phoenix DELL+0.0810%1h572.37−0.190%$3K$227K10xas long as short