Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.050%

Price spread now: Lighter against OKX+0.009%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Lighter

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 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX DELL-USDT-SWAP	573.95	0.0377	pay 0.0377% / 8h	3h 23m	$5.8M	$6.6M	20x
Short	Lighter DELL	574.00	0.0032	get 0.0004% / 1h	23m 38s	$34K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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 OKXbpFee LighterbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$72.47
Price spread: +0.009% → 0.000%: $0.87
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$81.6
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 min ago; Lighter: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	1.74 bp	14.8 bp −$15	58.7 bp −$587	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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	573.50	−0.079%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.83	−0.021%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.88	−0.012%	$3.6M	$4.7M	20x	as long as short
Lighter DELLshort	+0.0032%	1h	574.00	+0.009%	$34K	$13K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.397%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	573.00	−0.166%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.95	0.000%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.70	−0.044%	$940K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.62	+0.117%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.36	+0.071%	$17K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0179%	8h	573.35	−0.105%	$6.1M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAPlong	+0.0377%	8h	573.95	long leg	$5.8M	$6.6M	20x
Variational Omni DELL	+0.0608%	8h	574.47	+0.091%	$262K	$63K	—	as long as short
GRVT DELL_USDT_Perp	+0.0629%	8h	575.21	+0.220%	$857	$153K	10x	as long as short
Binance DELLUSDT	+0.0695%	8h	573.73	−0.039%	$18.5M	$66.0M	20x	as long as short
Extended DELL-USD	+0.0696%	1h	573.56	−0.068%	$333K	$1.2M	10x	as long as short
BloFin DELL-USDT	+0.0705%	8h	574.30	+0.061%	$321K	$219K	20x	as long as short
edgeX DELLUSDC	+0.0724%	4h	574.90	+0.166%	$5K	$333K	10x	as long as short
Nado DELL-PERP	+0.0804%	1h	574.16	+0.037%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.1040%	1h	574.68	+0.127%	$3K	$260K	10x	as long as short