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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0369%/8h= +40.4% APRnext payment +$0.46 per $10,000 · paid last 24h +0.011%
Price spread now: Polymarket Perps against Lighter−0.080%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 · farm boardneeds both histories
Funding pays, the price is against you. Polymarket Perps is 0.080% cheaper against Lighter than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 17 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL576.110.0032pay 0.0004% / 1h5m 50s$34K$12K10x
ShortPolymarket Perps DELL-USD575.650.0401get 0.0050% / 1h5m 50s$754$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$77.43
Price spread: −0.080% → 0.000%
−$7.98
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$61.45
Costs to cover
0.080%
Break-even
1.4 days
Slippage unknown: Lighter: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample
Lighter and Polymarket Perps: 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%8h575.58−0.092%$21K$50K20xas long as short
Extended DELL-USD0.0000%1h575.82−0.050%$338K$1.1M10xas long as short
Binance DELLUSDT0.0000%8h575.89−0.037%$18.8M$65.6M20xas long as short
Gate DELL_USDT0.0000%8h575.72−0.068%$4.5M$7.8M50xas long as short
Variational Omni DELL0.0000%8h576.10−0.002%$261K$82Kas long as short
GRVT DELL_USDT_Perp0.0000%8h575.94−0.029%$1K$183K10xas long as short
BloFin DELL-USDT+0.0026%8h575.90−0.036%$319K$219K20xas long as short
Lighter DELLlong+0.0032%1h576.11long leg$34K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−0.771%$8K$83K12xas long as short
Bitget DELLUSDT+0.0042%8h575.27−0.146%$3.3M$4.7M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:DELL+0.0050%1h574.91−0.208%$7.3M$7.3M10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.54−0.099%$942K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.41+0.052%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h575.90−0.036%$18K$58K10xas long as short
Bybit DELLUSDT+0.0166%8h575.72−0.068%$5.9M$3.6M50xas long as short
OKX DELL-USDT-SWAP+0.0321%8h575.89−0.038%$5.9M$6.8M20xas long as short
Polymarket Perps DELL-USDshort+0.0401%1h575.65−0.080%$754$23K10x
Phoenix DELL+0.0626%1h575.31−0.139%$3K$280K10xas long as short
Nado DELL-PERP+0.0772%1h574.87−0.215%$70K$13K10xas long as short
edgeX DELLUSDC+0.0792%4h576.00−0.019%$5K$333K10xas long as short