Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0366%/8h= −40.1% APRpaid last 24h +0.016%

Price spread now: tradeXYZ against Aster+0.119%7-day average — · you sell dearer than you buy

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

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. tradeXYZ is 0.119% dearer against Aster than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DELLUSDT	573.26	0	get 0.0000% / 8h	7h 59m	$20K	$49K	20x
Short	tradeXYZ xyz:DELL	573.94	−0.0366	pay 0.0046% / 1h	59m 04s	$7.5M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aster. 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 AsterbpFee tradeXYZbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$76.89
Price spread: +0.119% → 0.000%: $11.85
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$91.04
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 9 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 9 min ago	1.05 bp	11.2 bp −$11	doesn't fit	doesn't fit	doesn't fit

Aster: 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
tradeXYZ xyz:DELLshort	−0.0366%	1h	573.94	+0.119%	$7.5M	$6.9M	10x
Aster DELLUSDTlong	0.0000%	8h	573.26	long leg	$20K	$49K	20x
Bybit DELLUSDT	0.0000%	8h	574.16	+0.157%	$6.1M	$4.0M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	573.46	+0.035%	$4.1M	$6.7M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.96	+0.122%	$3.7M	$4.6M	20x	as long as short
Nado DELL-PERP	0.0000%	1h	573.63	+0.064%	$69K	$20K	10x	as long as short
Lighter DELL	+0.0032%	1h	574.14	+0.153%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.277%	$8K	$83K	12x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.96	+0.122%	$7K	$55K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.35	+0.016%	$940K	$41K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.31	+0.183%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.66	+0.070%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0173%	8h	573.60	+0.059%	$5.9M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0294%	8h	573.24	−0.004%	$259K	$61K	—	as long as short
edgeX DELLUSDC	+0.0303%	4h	573.18	−0.014%	$5K	$334K	10x	as long as short
BloFin DELL-USDT	+0.0380%	8h	573.83	+0.099%	$324K	$233K	20x	as long as short
Binance DELLUSDT	+0.0397%	8h	573.56	+0.053%	$18.3M	$66.4M	20x	as long as short
Extended DELL-USD	+0.0400%	1h	573.93	+0.117%	$335K	$2.6M	10x	as long as short
GRVT DELL_USDT_Perp	+0.0448%	8h	573.28	+0.004%	$682	$145K	10x	as long as short
Phoenix DELL	+0.0893%	1h	572.75	−0.089%	$3K	$227K	10x	as long as short