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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.6% APRnext payment $0.69 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Orderly−0.114%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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.114% cheaper against Orderly than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DELL_USDC_mythos577.100.0100pay 0.0100% / 8h5h 37m$3K$33610x
ShortBybit DELLUSDT576.440.0031get 0.0031% / 8h5h 37m$6.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
−$14.58
Price spread: −0.114% → 0.000%
−$11.44
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$43.01
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 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 Orderly no order-book sample
Sell Bybit live order book, 1 min ago2.17 bp15.5 bp −$1691.9 bp −$919doesn't fitdoesn't fit
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%8h576.27−0.144%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h576.35−0.130%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h576.31−0.137%$3.6M$4.6M20xas long as short
Bybit DELLUSDTshort+0.0031%8h576.44−0.114%$6.1M$3.9M50x
Lighter DELL+0.0032%1h576.60−0.087%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.941%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.93−0.203%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h576.13−0.168%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.82−0.222%$944K$30K20xas long as short
Orderly PERP_DELL_USDC_mythoslong+0.0100%8h577.10long leg$3K$33610x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h575.89−0.210%$17K$58K10xas long as short
OKX DELL-USDT-SWAP+0.0532%8h576.55−0.095%$5.8M$6.6M20xas long as short
Variational Omni DELL+0.0538%8h576.11−0.171%$263K$86Kas long as short
GRVT DELL_USDT_Perp+0.0614%8h576.39−0.124%$842$151K10xas long as short
Extended DELL-USD+0.0640%1h576.36−0.128%$339K$1.2M10xas long as short
Binance DELLUSDT+0.0641%8h576.57−0.092%$18.7M$65.1M20xas long as short
BloFin DELL-USDT+0.0661%8h576.45−0.113%$322K$220K20xas long as short
Nado DELL-PERP+0.0697%1h575.89−0.210%$69K$18K10xas long as short
Phoenix DELL+0.0723%1h575.91−0.206%$3K$258K10xas long as short
edgeX DELLUSDC+0.0770%4h576.04−0.183%$5K$333K10xas long as short