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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0014%/8hnext payment $0.14 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.296%101s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 1 day (all we have)+0.342%+$34 · spread now −0.296%, 7d avg +0.007%
Together, before fees+0.339%+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.303% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DELLUSDT578.110get 0.0000% / 8h4h 23m$19.4M$62.2M20x
ShortBloFin DELL-USDT576.40−0.0014pay 0.0014% / 8h4h 23m$328K$212K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$2.87
Price spread: −0.296% → +0.007%
−$30.26
Slippage, 4 orders
−$18.06
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.19
Costs to cover
0.401%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.35 bp8.6 bp −$917.0 bp −$17062.8 bp −$6,278doesn't fit
Sell BloFin live order book, 5 min ago0.61 bp11.8 bp −$1219.2 bp −$192doesn't fitdoesn't fit

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-USDTshort−0.0014%8h576.40−0.296%$328K$212K20x
Aster DELLUSDT0.0000%8h577.73−0.067%$21K$50K20xas long as short
Extended DELL-USD0.0000%1h577.94−0.030%$338K$1.1M10xas long as short
Binance DELLUSDTlong0.0000%8h578.11long leg$19.4M$62.2M20x
Bybit DELLUSDT0.0000%8h577.70−0.071%$6.0M$3.1M50xas long as short
OKX DELL-USDT-SWAP0.0000%8h578.10−0.002%$5.9M$6.6M20xas long as short
Gate DELL_USDT0.0000%8h577.64−0.081%$4.7M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h578.08−0.005%$3.3M$4.6M20xas long as short
Variational Omni DELL0.0000%8h576.75−0.235%$261K$82Kas long as short
GRVT DELL_USDT_Perp0.0000%8h576.38−0.299%$842$169K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DELL+0.0032%1h577.99−0.021%$34K$11K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.114%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h577.13−0.170%$7.3M$6.9M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h577.88−0.040%$1K$22K10xas long as short
KuCoin DELLUSDTM+0.0100%8h577.32−0.137%$945K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h577.45−0.114%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h577.22−0.154%$18K$58K10xas long as short
Nado DELL-PERP+0.0309%1h576.34−0.305%$70K$12K10xas long as short
edgeX DELLUSDC+0.0333%4h576.55−0.269%$5K$332K10xas long as short
Phoenix DELL+0.0427%1h576.07−0.353%$3K$280K10xas long as short