Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%

Price spread now: Gate against Bitget−0.017%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.278%+$28 on $10k

Price spread, last 7 days+0.079%+$8 · spread now −0.017%, 7d avg +0.021%

Together, before fees+0.357%+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.038% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DELLUSDT	576.50	0	get 0.0000% / 8h	6h 41m	$3.6M	$4.7M	20x
Short	Gate DELL_USDT	576.40	0	get 0.0000% / 8h	6h 41m	$4.1M	$7.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.021%: −$3.83
Slippage, 4 orders: −$43.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$73.89
Costs to cover: 0.701%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 Bitget live order book, 2 min ago	2.69 bp	21.8 bp −$22	52.9 bp −$529	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.82 bp	13.7 bp −$14	29.9 bp −$299	70.8 bp −$7,083	doesn't fit

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	576.77	+0.047%	$21K	$50K	20x	as long as short
Gate DELL_USDTshort	0.0000%	8h	576.40	−0.017%	$4.1M	$7.4M	50x
Bitget DELLUSDTlong	0.0000%	8h	576.50	long leg	$3.6M	$4.7M	20x
Lighter DELL	+0.0032%	1h	576.99	+0.085%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.838%	$8K	$83K	12x	as long as short
Bybit DELLUSDT	+0.0049%	8h	576.38	−0.021%	$6.1M	$3.9M	50x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	575.88	−0.108%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	576.38	−0.021%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	576.13	−0.064%	$944K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	577.23	+0.127%	$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	577.48	+0.170%	$18K	$58K	10x	as long as short
Variational Omni DELL	+0.0505%	8h	576.66	+0.027%	$262K	$86K	—	as long as short
BloFin DELL-USDT	+0.0602%	8h	578.05	+0.269%	$323K	$221K	20x	as long as short
Extended DELL-USD	+0.0616%	1h	576.52	+0.003%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0619%	8h	576.65	+0.027%	$18.7M	$65.2M	20x	as long as short
OKX DELL-USDT-SWAP	+0.0649%	8h	576.79	+0.050%	$5.9M	$6.4M	20x	as long as short
Nado DELL-PERP	+0.0750%	1h	576.09	−0.071%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0789%	1h	576.38	−0.021%	$3K	$258K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0847%	8h	576.84	+0.059%	$969	$155K	10x	as long as short
edgeX DELLUSDC	+0.0992%	4h	576.84	+0.059%	$5K	$332K	10x	as long as short