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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0500%/8h= +54.8% APRpaid last 24h +0.026%
Price spread now: Extended against Bybit+0.029%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days−0.150%−$15 · spread now +0.029%, 7d avg −0.049%
Together, before fees−0.204%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, 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 -0.054% in total (about -2.8% 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 DELLUSDT573.580.0100pay 0.0100% / 8h2h 13m$6.1M$4.0M50x
ShortExtended DELL-USD573.740.0600get 0.0075% / 1h13m 18s$335K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$105.01
Price spread: +0.029% → −0.049%
$7.76
Slippage, 4 orders
−$48.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$48.35
Costs to cover
0.644%
Break-even
3.8 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago3.23 bp18.2 bp −$18102.3 bp −$1,023doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago2.36 bp16.6 bp −$17173.5 bp −$1,735doesn'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%8h572.84−0.128%$20K$50K20xas long as short
Gate DELL_USDT0.0000%8h573.71+0.023%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h573.83+0.044%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h573.95+0.065%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.333%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h572.89−0.120%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0082%1h573.27−0.054%$7K$54K10xas long as short
Bybit DELLUSDTlong+0.0100%8h573.58long leg$6.1M$4.0M50x
KuCoin DELLUSDTM+0.0100%8h572.80−0.136%$939K$28K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.16+0.101%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h574.45+0.152%$17K$59K10xas long as short
OKX DELL-USDT-SWAP+0.0277%8h573.88+0.052%$5.8M$6.7M20xas long as short
Variational Omni DELL+0.0506%8h572.83−0.132%$258K$61Kas long as short
GRVT DELL_USDT_Perp+0.0520%8h572.64−0.164%$819$152K10xas long as short
Extended DELL-USDshort+0.0600%1h573.74+0.029%$335K$1.1M10x
Binance DELLUSDT+0.0601%8h573.87+0.050%$18.4M$66.7M20xas long as short
BloFin DELL-USDT+0.0630%8h574.01+0.075%$320K$232K20xas long as short
Phoenix DELL+0.0685%1h572.63−0.166%$3K$260K10xas long as short
edgeX DELLUSDC+0.0752%4h572.82−0.133%$5K$335K10xas long as short
Nado DELL-PERP+0.0805%1h572.86−0.125%$69K$20K10xas long as short