Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0523%/8h= +57.3% APRpaid last 24h −0.004%

Price spread now: BloFin against Polymarket Perps+0.018%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.291%−$29 on $10k

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: +$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.291%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.291% in total (about -15.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DELL-USD	571.10	0.0050	pay 0.0006% / 1h	31m 13s	$7K	$54K	10x
Short	BloFin DELL-USDT	571.20	0.0573	get 0.0573% / 8h	2h 31m	$323K	$231K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $109.92
Price spread: +0.018% → 0.000%: $1.75
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $91.67
Costs to cover: 0.200%
Break-even: 1.2 days

Slippage unknown: Polymarket Perps: no order-book sample; BloFin: live order book, 59 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell BloFin live order book, 59 min ago	0.09 bp	9.9 bp −$10	16.9 bp −$169	doesn't fit	doesn't fit

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	571.03	−0.012%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	571.23	+0.023%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	571.41	+0.054%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	571.58	+0.084%	$33K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	+0.100%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	570.84	−0.046%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USDlong	+0.0050%	1h	571.10	long leg	$7K	$54K	10x
Bybit DELLUSDT	+0.0075%	8h	570.98	−0.021%	$6.1M	$4.0M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	570.76	−0.060%	$936K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	571.78	+0.119%	$3K	$336	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	571.12	+0.004%	$17K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0273%	8h	571.13	+0.005%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0437%	4h	571.29	+0.033%	$5K	$334K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0476%	8h	571.52	+0.073%	$1K	$151K	10x	as long as short
Variational Omni DELL	+0.0503%	8h	572.27	+0.204%	$258K	$64K	—	as long as short
BloFin DELL-USDTshort	+0.0573%	8h	571.20	+0.018%	$323K	$231K	20x
Binance DELLUSDT	+0.0583%	8h	571.41	+0.054%	$18.4M	$66.6M	20x	as long as short
Extended DELL-USD	+0.0584%	1h	571.24	+0.024%	$335K	$1.1M	10x	as long as short
Phoenix DELL	+0.0685%	1h	572.24	+0.200%	$3K	$260K	10x	as long as short
Nado DELL-PERP	+0.0712%	1h	571.15	+0.009%	$69K	$20K	10x	as long as short