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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.029%
Price spread now: KuCoin against Extended−0.073%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3543.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.073%, 7d avg −0.013%
Together, before fees+0.189%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% 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
LongExtended DELL-USD573.850.0464pay 0.0058% / 1h37m 32s$333K$2.6M10x
ShortKuCoin DELLUSDTM573.430.0100get 0.0100% / 8h37m 32s$940K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$76.44
Price spread: −0.073% → −0.013%
−$5.96
Slippage, 4 orders
−$337.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$436.73
Costs to cover
3.543%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; KuCoin: live order book, 57 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 Extended live order book, 6 min ago1.39 bp16.4 bp −$16201.5 bp −$2,015doesn't fitdoesn't fit
Sell KuCoin live order book, 57 min ago26.41 bp87.7 bp −$88doesn'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
Aster DELLUSDT0.0000%8h573.13−0.125%$20K$49K20xas long as short
Gate DELL_USDT0.0000%8h573.87+0.004%$4.1M$7.0M50xas long as short
Bitget DELLUSDT0.0000%8h573.89+0.007%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h574.14+0.051%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.380%$8K$83K12xas long as short
Bybit DELLUSDT+0.0046%8h573.71−0.024%$6.1M$4.0M50xas long as short
KuCoin DELLUSDTMshort+0.0100%8h573.43−0.073%$940K$28K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.40+0.096%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h574.07+0.038%$18K$58K10xas long as short
tradeXYZ xyz:DELL+0.0107%1h573.47−0.066%$7.5M$6.9M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX DELLUSDC+0.0122%4h574.19+0.059%$5K$333K10xas long as short
Polymarket Perps DELL-USD+0.0150%1h573.68−0.030%$7K$55K10xas long as short
OKX DELL-USDT-SWAP+0.0201%8h573.84−0.002%$5.9M$6.8M20xas long as short
Variational Omni DELL+0.0373%8h574.23+0.066%$259K$61Kas long as short
Extended DELL-USDlong+0.0464%1h573.85long leg$333K$2.6M10x
Binance DELLUSDT+0.0466%8h573.94+0.016%$18.4M$66.8M20xas long as short
BloFin DELL-USDT+0.0484%8h574.19+0.059%$323K$234K20xas long as short
GRVT DELL_USDT_Perp+0.0493%8h574.01+0.028%$861$146K10xas long as short
Nado DELL-PERP+0.0627%1h573.53−0.055%$69K$20K10xas long as short
Phoenix DELL+0.0893%1h574.29+0.077%$3K$228K10xas long as short