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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Variational Omni+0.060%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.060% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni DELL575.580get 0.0000% / 8h1h 28m$260K$82K
ShortLighter DELL575.930.0032get 0.0004% / 1h28m 30s$34K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
$6.72
Price spread: +0.060% → 0.000%
$6.03
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$12.75
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 55 min ago; 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 Variational Omni RFQ quote, 55 min ago3.41 bpdoesn't fit53.8 bp −$538doesn't fitdoesn't fit
Sell Lighter no order-book sample
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
BloFin DELL-USDT−0.0014%8h575.79+0.036%$318K$218K20xas long as short
Aster DELLUSDT0.0000%8h575.03−0.096%$21K$50K20xas long as short
Extended DELL-USD0.0000%1h575.84+0.044%$338K$1.1M10xas long as short
Binance DELLUSDT0.0000%8h575.95+0.064%$18.7M$65.6M20xas long as short
Gate DELL_USDT0.0000%8h575.57−0.002%$4.5M$7.8M50xas long as short
Variational Omni DELLlong0.0000%8h575.58long leg$260K$82K
GRVT DELL_USDT_Perp0.0000%8h575.71+0.022%$1K$178K10xas long as short
Lighter DELLshort+0.0032%1h575.93+0.060%$34K$11K10x
Bitget DELLUSDT+0.0032%8h575.43−0.027%$3.3M$4.6M20xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.680%$8K$83K12xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:DELL+0.0050%1h574.85−0.127%$7.4M$7.2M10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.34−0.042%$943K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.16+0.100%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h576.52+0.163%$18K$58K10xas long as short
Bybit DELLUSDT+0.0190%8h575.42−0.028%$5.9M$3.6M50xas long as short
Polymarket Perps DELL-USD+0.0282%1h575.46−0.021%$754$23K10xas long as short
OKX DELL-USDT-SWAP+0.0403%8h575.76+0.031%$5.9M$6.8M20xas long as short
Phoenix DELL+0.0528%1h575.05−0.093%$3K$280K10xas long as short
Nado DELL-PERP+0.0707%1h574.91−0.117%$70K$13K10xas long as short
edgeX DELLUSDC+0.0947%4h575.66+0.013%$5K$334K10xas long as short