DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%

Price spread now: tradeXYZ against Lighter−0.124%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.124% cheaper against Lighter than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 12 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	572.24	0.0032	pay 0.0004% / 1h	38m 28s	$33K	$12K	10x
Short	tradeXYZ xyz:DELL	571.53	0.0067	get 0.0008% / 1h	38m 28s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now −0.124%Rate

Funding earned: $7.27
Price spread: −0.124% → 0.000%: −$12.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$23.14
Costs to cover: 0.180%
Break-even: 29.3 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 10 min ago	0.70 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DELLUSDT	0.0000%	8h	571.67	−0.100%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	572.12	−0.021%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	572.23	−0.002%	$3.6M	$4.7M	20x	as long as short
Lighter DELLlong	+0.0032%	1h	572.24	long leg	$33K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.100%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0067%	1h	571.53	−0.124%	$7.5M	$7.0M	10x
KuCoin DELLUSDTM	+0.0100%	8h	571.62	−0.108%	$936K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	572.61	+0.065%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.85	+0.107%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0130%	8h	571.92	−0.056%	$6.1M	$4.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0161%	1h	571.82	−0.073%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0274%	8h	572.26	+0.003%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0349%	4h	572.58	+0.059%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0513%	8h	572.57	+0.059%	$258K	$61K	—	as long as short
GRVT DELL_USDT_Perp	+0.0560%	8h	572.65	+0.071%	$641	$148K	10x	as long as short
BloFin DELL-USDT	+0.0577%	8h	572.44	+0.035%	$323K	$233K	20x	as long as short
Binance DELLUSDT	+0.0596%	8h	572.11	−0.023%	$18.3M	$66.9M	20x	as long as short
Extended DELL-USD	+0.0600%	1h	572.07	−0.030%	$337K	$1.1M	10x	as long as short
Phoenix DELL	+0.0863%	1h	572.20	−0.007%	$3K	$228K	10x	as long as short
Nado DELL-PERP	+0.0897%	1h	571.47	−0.134%	$69K	$20K	10x	as long as short