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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly−0.057%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.057% cheaper against Orderly than usual: you would sell low and buy high (−$6 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_mythos579.180.0100pay 0.0100% / 8h7h 32m$3K$33610x
ShortLighter DELL578.850.0032get 0.0004% / 1h32m 36s$34K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$14.28
Price spread: −0.057% → 0.000%
−$5.7
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$25.98
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Lighter no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h578.33−0.147%$21K$50K20xas long as short
Lighter DELLshort+0.0032%1h578.85−0.057%$34K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−1.297%$8K$83K12xas long as short
KuCoin DELLUSDTM+0.0100%8h578.17−0.174%$947K$30K20xas long as short
Orderly PERP_DELL_USDC_mythoslong+0.0100%8h579.18long leg$3K$33610x
HTX DELL-USDT+0.0100%8h578.59−0.102%$18K$58K10xas long as short
Bitget DELLUSDT+0.0232%8h578.88−0.052%$3.6M$4.7M20xas long as short
Bybit DELLUSDT+0.0336%8h578.61−0.098%$6.1M$3.9M50xas long as short
tradeXYZ xyz:DELL+0.0351%1h578.21−0.167%$7.4M$7.0M10xas long as short
Gate DELL_USDT+0.0383%8h578.47−0.123%$4.1M$7.6M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DELL+0.0409%8h578.99−0.034%$263K$82Kas long as short
Extended DELL-USD+0.0528%1h578.82−0.063%$335K$2.1M10xas long as short
BloFin DELL-USDT+0.0531%8h578.48−0.121%$321K$221K20xas long as short
Binance DELLUSDT+0.0532%8h578.91−0.046%$18.8M$66.0M20xas long as short
OKX DELL-USDT-SWAP+0.0679%8h578.88−0.052%$5.9M$6.5M20xas long as short
Phoenix DELL+0.0790%1h577.99−0.205%$3K$280K10xas long as short
Polymarket Perps DELL-USD+0.0810%1h578.34−0.145%$8K$53K10xas long as short
Nado DELL-PERP+0.0900%1h577.64−0.266%$69K$15K10xas long as short
edgeX DELLUSDC+0.0918%4h578.65−0.091%$5K$334K10xas long as short
GRVT DELL_USDT_Perp+0.1808%8h578.78−0.069%$938$163K10xas long as short