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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0334%/8h= −36.5% APRpaid last 24h −0.167%
Price spread now: Binance against edgeX+0.297%90s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.276%−$28 on $10k
Price spread, last 2 days (all we have)−0.287%−$29 · spread now +0.297%, 7d avg +0.007%
Together, before fees−0.563%+ Points / potential airdropedgeX: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.290% dearer against edgeX than usual: you sell high and buy low (spread +0.297% now, against its 7-day average of +0.007%): +$29 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.276% in total) that is about 7.4 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DELLUSDC578.510.0710pay 0.0355% / 4h3h 56m$5K$332K10x
ShortBinance DELLUSDT580.230.0376get 0.0376% / 8h7h 56m$18.9M$66.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$70.07
Price spread: +0.297% → +0.007%
$29.03
Slippage, 4 orders
−$18.48
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$78.52
Costs to cover
0.375%
Break-even
never at this rate
Slippage from edgeX: live order book, 17 min ago; Binance: live order book, 16 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 edgeX live order book, 17 min ago4.41 bp9.2 bp −$984.6 bp −$846doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.09 bp7.3 bp −$721.0 bp −$210doesn'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%8h579.19+0.118%$21K$50K20xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.183%$8K$83K12xas long as short
Bitget DELLUSDT+0.0094%8h579.91+0.242%$3.5M$4.6M20xas long as short
KuCoin DELLUSDTM+0.0100%8h578.84+0.057%$948K$33K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h580.76+0.388%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h579.40+0.153%$18K$58K10xas long as short
Lighter DELL+0.0232%1h580.16+0.285%$34K$12K10xas long as short
Variational Omni DELL+0.0271%8h580.63+0.366%$262K$81Kas long as short
GRVT DELL_USDT_Perp+0.0326%8h577.92−0.103%$659$170K10xas long as short
BloFin DELL-USDT+0.0369%8h579.25+0.127%$320K$218K20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DELLUSDTshort+0.0376%8h580.23+0.297%$18.9M$66.2M20x
Extended DELL-USD+0.0376%1h580.12+0.278%$339K$1.1M10xas long as short
Phoenix DELL+0.0570%1h578.47−0.007%$3K$280K10xas long as short
OKX DELL-USDT-SWAP+0.0611%8h580.05+0.266%$5.9M$6.6M20xas long as short
edgeX DELLUSDClong+0.0710%4h578.51long leg$5K$332K10x
tradeXYZ xyz:DELL+0.0914%1h578.40−0.019%$7.4M$7.4M10xas long as short
Gate DELL_USDT+0.1136%8h579.80+0.223%$4.3M$7.4M50xas long as short
Nado DELL-PERP+0.1146%1h578.91+0.069%$69K$13K10xas long as short
Polymarket Perps DELL-USD+0.1293%1h578.62+0.019%$16K$37K10xas long as short
Bybit DELLUSDT+0.1463%8h579.90+0.240%$6.1M$3.9M50xas long as short