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

DELL

RWAall DELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0818%/8h= +89.5% APRpaid last 24h +0.081%
Price spread now: edgeX against Bybit−0.045%111s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.045%, 7d avg +0.013%
Together, before fees+0.169%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.058% cheaper against Bybit than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.013%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.099% in total) that is about 4.1 days. The two prices were read 111 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 0.099% in total (about 5.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DELLUSDT574.070.0093pay 0.0093% / 8h1h 05m$6.1M$4.0M50x
ShortedgeX DELLUSDC573.810.0911get 0.0456% / 4h1h 05m$5K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$171.72
Price spread: −0.045% → +0.013%
−$5.83
Slippage, 4 orders
−$20.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$125.87
Costs to cover
0.400%
Break-even
1.9 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 38 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 Bybit live order book, 2 min ago2.53 bp16.1 bp −$1692.1 bp −$921doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago0.79 bp5.6 bp −$674.9 bp −$749doesn'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%8h573.95−0.021%$20K$49K20xas long as short
Gate DELL_USDT0.0000%8h574.14+0.012%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h574.14+0.012%$3.7M$4.7M20xas long as short
Lighter DELL+0.0032%1h574.53+0.080%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.418%$8K$83K12xas long as short
Bybit DELLUSDTlong+0.0093%8h574.07long leg$6.1M$4.0M50x
tradeXYZ xyz:DELL+0.0100%1h573.73−0.059%$7.5M$6.9M10xas long as short
KuCoin DELLUSDTM+0.0100%8h573.86−0.037%$941K$28K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.89+0.143%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h574.25+0.031%$17K$58K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0192%1h574.12+0.009%$7K$54K10xas long as short
OKX DELL-USDT-SWAP+0.0246%8h574.070.000%$5.8M$6.7M20xas long as short
Variational Omni DELL+0.0452%8h574.26+0.034%$259K$61Kas long as short
Binance DELLUSDT+0.0543%8h574.20+0.023%$18.4M$66.9M20xas long as short
Extended DELL-USD+0.0544%1h574.21+0.024%$335K$1.1M10xas long as short
GRVT DELL_USDT_Perp+0.0550%8h573.85−0.039%$1K$147K10xas long as short
BloFin DELL-USDT+0.0551%8h574.10+0.005%$322K$234K20xas long as short
Phoenix DELL+0.0863%1h573.52−0.096%$3K$228K10xas long as short
Nado DELL-PERP+0.0864%1h574.06−0.001%$69K$20K10xas long as short
edgeX DELLUSDCshort+0.0911%4h573.81−0.045%$5K$333K10x