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+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter+0.035%7-day average · you sell dearer than you buy
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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.035% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL571.580.0032pay 0.0004% / 1h31m 13s$33K$13K10x
ShortOrderly PERP_DELL_USDC_mythos571.780.0100get 0.0100% / 8h2h 31m$3K$33610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14.28
Price spread: +0.035% → 0.000%
$3.5
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$11.78
Costs to cover
0.060%
Break-even
1.2 days
Slippage unknown: Lighter: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Orderly no order-book sample
Lighter and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h571.03−0.096%$20K$50K20xas long as short
Gate DELL_USDT0.0000%8h571.23−0.061%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h571.41−0.030%$3.6M$4.7M20xas long as short
Lighter DELLlong+0.0032%1h571.58long leg$33K$13K10x
Injective DELL/USDC PERP+0.0033%1h571.67+0.016%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h570.84−0.129%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h571.10−0.084%$7K$54K10xas long as short
Bybit DELLUSDT+0.0075%8h570.98−0.105%$6.1M$4.0M50xas long as short
KuCoin DELLUSDTM+0.0100%8h570.76−0.143%$936K$28K20xas long as short
Orderly PERP_DELL_USDC_mythosshort+0.0100%8h571.78+0.035%$3K$33610x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h571.12−0.080%$17K$58K10xas long as short
OKX DELL-USDT-SWAP+0.0273%8h571.13−0.079%$5.8M$6.7M20xas long as short
edgeX DELLUSDC+0.0437%4h571.29−0.051%$5K$334K10xas long as short
GRVT DELL_USDT_Perp+0.0476%8h571.52−0.011%$1K$151K10xas long as short
Variational Omni DELL+0.0503%8h572.27+0.120%$258K$64Kas long as short
BloFin DELL-USDT+0.0573%8h571.20−0.066%$323K$231K20xas long as short
Binance DELLUSDT+0.0583%8h571.41−0.030%$18.4M$66.6M20xas long as short
Extended DELL-USD+0.0584%1h571.24−0.060%$335K$1.1M10xas long as short
Phoenix DELL+0.0685%1h572.24+0.115%$3K$260K10xas long as short
Nado DELL-PERP+0.0712%1h571.15−0.074%$69K$20K10xas long as short