Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.013%

Price spread now: Polymarket Perps against Orderly+0.014%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Polymarket Perps

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—needs 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: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_DELL_USDC_mythos	573.22	0.0100	pay 0.0100% / 8h	7h 02m	$3K	$336	10x
Short	Polymarket Perps DELL-USD	573.30	0.0050	get 0.0006% / 1h	2m 03s	$7K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$10.5
Price spread: +0.014% → 0.000%: $1.4
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$23.1
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Polymarket Perps: 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 Orderly no order-book sample	—	—	—	—	—
Sell Polymarket Perps no order-book sample	—	—	—	—	—

Orderly and Polymarket Perps: 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	572.59	−0.110%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	572.78	−0.077%	$6.1M	$3.9M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	572.71	−0.089%	$4.0M	$6.9M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	572.59	−0.110%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	572.52	−0.122%	$681	$138K	10x	as long as short
Lighter DELL	+0.0032%	1h	573.29	+0.012%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.270%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	572.59	−0.110%	$7.6M	$6.8M	10x	as long as short
Polymarket Perps DELL-USDshort	+0.0050%	1h	573.30	+0.014%	$7K	$55K	10x
OKX DELL-USDT-SWAP	+0.0051%	8h	572.51	−0.124%	$5.8M	$6.7M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DELL	+0.0100%	8h	572.33	−0.156%	$258K	$61K	—	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.38	−0.147%	$938K	$107K	20x	as long as short
Orderly PERP_DELL_USDC_mythoslong	+0.0100%	8h	573.22	long leg	$3K	$336	10x
HTX DELL-USDT	+0.0100%	8h	572.40	−0.143%	$18K	$58K	10x	as long as short
Extended DELL-USD	+0.0176%	1h	572.60	−0.109%	$331K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0177%	8h	572.87	−0.060%	$18.2M	$66.6M	20x	as long as short
BloFin DELL-USDT	+0.0203%	8h	572.66	−0.098%	$322K	$235K	20x	as long as short
edgeX DELLUSDC	+0.0288%	4h	572.50	−0.126%	$5K	$334K	10x	as long as short
Nado DELL-PERP	+0.0504%	1h	573.45	+0.040%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.0810%	1h	572.87	−0.061%	$3K	$228K	10x	as long as short