Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0486%/8h= −53.3% APRpaid last 24h −0.081%

Price spread now: Orderly against edgeX+0.062%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.062% dearer against edgeX than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DELLUSDC	572.25	0.0586	pay 0.0293% / 4h	3h 38m	$5K	$333K	10x
Short	Orderly PERP_DELL_USDC_mythos	572.61	0.0100	get 0.0100% / 8h	7h 38m	$3K	$336	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee edgeXbpFee OrderlybpOrdersPrice spread, now +0.062%Rate

Funding earned: −$102.14
Price spread: +0.062% → 0.000%: $6.21
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$110.93
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 60 min ago; Orderly: no order-book sample. Net counts fees only.

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 edgeX live order book, 60 min ago	1.31 bp	6.2 bp −$6	92.8 bp −$928	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
tradeXYZ xyz:DELL	−0.0031%	1h	571.32	−0.163%	$7.5M	$6.8M	10x	as long as short
Aster DELLUSDT	0.0000%	8h	571.84	−0.073%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	571.93	−0.057%	$6.1M	$3.9M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	571.71	−0.095%	$4.1M	$6.7M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	571.75	−0.088%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	572.62	+0.064%	$962	$141K	10x	as long as short
Lighter DELL	+0.0032%	1h	572.02	−0.041%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.102%	$8K	$83K	12x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	572.00	−0.044%	$7K	$55K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	571.69	−0.099%	$936K	$63K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_DELL_USDC_mythosshort	+0.0100%	8h	572.61	+0.062%	$3K	$336	10x
HTX DELL-USDT	+0.0100%	8h	572.31	+0.010%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0116%	8h	571.68	−0.100%	$5.8M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0234%	8h	572.22	−0.007%	$258K	$61K	—	as long as short
Binance DELLUSDT	+0.0322%	8h	572.01	−0.043%	$18.2M	$66.0M	20x	as long as short
Extended DELL-USD	+0.0328%	1h	571.82	−0.075%	$335K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0345%	8h	571.85	−0.071%	$324K	$231K	20x	as long as short
Nado DELL-PERP	+0.0460%	1h	571.60	−0.114%	$69K	$20K	10x	as long as short
edgeX DELLUSDClong	+0.0586%	4h	572.25	long leg	$5K	$333K	10x
Phoenix DELL	+0.0810%	1h	572.15	−0.018%	$3K	$228K	10x	as long as short