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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0496%/8h= +54.3% APRnext payment +$0.62 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.053%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.053% cheaper against Lighter than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL578.900.0032pay 0.0004% / 1h35m 23s$34K$12K10x
ShortExtended DELL-USD578.590.0528get 0.0066% / 1h35m 23s$336K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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
$104.16
Price spread: −0.053% → 0.000%
−$5.31
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$93.85
Costs to cover
0.050%
Break-even
0.7 days
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Extended live order book, 3 min ago2.25 bp16.6 bp −$17137.2 bp −$1,372doesn't fitdoesn't fit
Lighter: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h578.26−0.111%$21K$50K20xas long as short
Lighter DELLlong+0.0032%1h578.90long leg$34K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−1.249%$8K$83K12xas long as short
KuCoin DELLUSDTM+0.0100%8h578.22−0.117%$948K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h579.27+0.064%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h578.79−0.019%$18K$58K10xas long as short
Bitget DELLUSDT+0.0243%8h578.86−0.007%$3.6M$4.7M20xas long as short
edgeX DELLUSDC+0.0343%4h579.35+0.078%$5K$334K10xas long as short
tradeXYZ xyz:DELL+0.0389%1h577.69−0.209%$7.4M$7.0M10xas long as short
Variational Omni DELL+0.0409%8h578.99+0.015%$263K$82Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0498%8h578.39−0.088%$6.1M$3.9M50xas long as short
Gate DELL_USDT+0.0500%8h578.39−0.088%$4.1M$7.6M50xas long as short
BloFin DELL-USDT+0.0501%8h578.89−0.002%$320K$222K20xas long as short
Binance DELLUSDT+0.0526%8h578.67−0.040%$18.7M$66.0M20xas long as short
Extended DELL-USDshort+0.0528%1h578.59−0.053%$336K$2.0M10x
OKX DELL-USDT-SWAP+0.0674%8h578.87−0.005%$5.9M$6.5M20xas long as short
Phoenix DELL+0.0790%1h577.99−0.157%$3K$280K10xas long as short
Polymarket Perps DELL-USD+0.0843%1h578.52−0.066%$8K$53K10xas long as short
Nado DELL-PERP+0.0905%1h577.73−0.202%$69K$15K10xas long as short
GRVT DELL_USDT_Perp+0.2001%8h579.52+0.108%$956$165K10xas long as short