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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against Bitget−0.019%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$670.669% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.019%, 7d avg +0.014%
Together, before fees+0.125%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 5.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DELLUSDT573.080get 0.0000% / 8h8m 28s$3.6M$4.6M20x
ShortBybit DELLUSDT572.970.0020get 0.0020% / 8h8m 28s$6.1M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$4.21
Price spread: −0.019% → +0.014%
−$3.3
Slippage, 4 orders
−$43.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66
Costs to cover
0.669%
Break-even
116.7 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 4 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 Bitget live order book, 5 min ago3.40 bp18.3 bp −$1841.0 bp −$410doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.18 bp14.2 bp −$1487.7 bp −$877doesn'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
Aster DELLUSDT0.0000%8h572.43−0.113%$20K$49K20xas long as short
Gate DELL_USDT0.0000%8h573.06−0.003%$4.1M$7.0M50xas long as short
Bitget DELLUSDTlong0.0000%8h573.08long leg$3.6M$4.6M20x
Bybit DELLUSDTshort+0.0020%8h572.97−0.019%$6.1M$4.0M50x
Lighter DELL+0.0032%1h573.37+0.051%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.246%$8K$83K12xas long as short
edgeX DELLUSDC+0.0063%4h572.93−0.027%$5K$333K10xas long as short
tradeXYZ xyz:DELL+0.0085%1h572.46−0.108%$7.5M$6.9M10xas long as short
KuCoin DELLUSDTM+0.0100%8h572.47−0.106%$938K$34K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h573.49+0.072%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h573.27+0.033%$18K$58K10xas long as short
Polymarket Perps DELL-USD+0.0121%1h572.82−0.045%$7K$55K10xas long as short
OKX DELL-USDT-SWAP+0.0183%8h572.97−0.019%$5.9M$6.7M20xas long as short
Variational Omni DELL+0.0305%8h572.92−0.028%$259K$61Kas long as short
Extended DELL-USD+0.0408%1h572.97−0.020%$332K$2.6M10xas long as short
Binance DELLUSDT+0.0410%8h573.10+0.003%$18.3M$66.6M20xas long as short
BloFin DELL-USDT+0.0421%8h573.22+0.024%$324K$233K20xas long as short
GRVT DELL_USDT_Perp+0.0456%8h572.89−0.034%$728$146K10xas long as short
Nado DELL-PERP+0.0654%1h572.43−0.113%$69K$20K10xas long as short
Phoenix DELL+0.0893%1h572.66−0.073%$3K$228K10xas long as short