Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h +0.015%

Price spread now: Extended against Orderly−0.100%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.100% cheaper against Orderly than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 15 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DELL_USDC_mythos	575.17	0.0100	pay 0.0100% / 8h	2h 52m	$3K	$336	10x
Short	Extended DELL-USD	574.59	0.0632	get 0.0079% / 1h	52m 14s	$333K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee OrderlybpFee ExtendedbpOrdersPrice spread, now −0.100%Rate

Funding earned: $111.72
Price spread: −0.100% → 0.000%: −$10
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $90.72
Costs to cover: 0.110%
Break-even: 1.3 days

Slippage unknown: Orderly: no order-book sample; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	1.31 bp	15.7 bp −$16	182.6 bp −$1,826	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DELLUSDT	0.0000%	8h	573.94	−0.213%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.60	−0.099%	$4.1M	$7.1M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.65	−0.090%	$3.6M	$4.7M	20x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.609%	$8K	$83K	12x	as long as short
Lighter DELL	+0.0064%	1h	574.58	−0.103%	$34K	$13K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.97	−0.209%	$941K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythoslong	+0.0100%	8h	575.17	long leg	$3K	$336	10x
HTX DELL-USDT	+0.0100%	8h	574.38	−0.137%	$17K	$59K	10x	as long as short
Polymarket Perps DELL-USD	+0.0114%	1h	573.93	−0.216%	$7K	$54K	10x	as long as short
tradeXYZ xyz:DELL	+0.0127%	1h	573.72	−0.252%	$7.5M	$7.0M	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	+0.0129%	8h	574.58	−0.103%	$6.1M	$3.9M	50x	as long as short
edgeX DELLUSDC	+0.0197%	4h	573.52	−0.287%	$5K	$333K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0320%	8h	575.01	−0.028%	$5.8M	$6.7M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0525%	8h	573.30	−0.325%	$1K	$152K	10x	as long as short
Variational Omni DELL	+0.0544%	8h	573.89	−0.222%	$261K	$61K	—	as long as short
BloFin DELL-USDT	+0.0616%	8h	573.76	−0.245%	$322K	$231K	20x	as long as short
Extended DELL-USDshort	+0.0632%	1h	574.59	−0.100%	$333K	$1.1M	10x
Binance DELLUSDT	+0.0634%	8h	574.70	−0.081%	$18.5M	$66.3M	20x	as long as short
Phoenix DELL	+0.0685%	1h	573.62	−0.269%	$3K	$260K	10x	as long as short
Nado DELL-PERP	+0.0910%	1h	573.47	−0.295%	$69K	$20K	10x	as long as short