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+0.0158%/8h= +17.3% APRpaid last 24h +0.167%
Price spread now: edgeX against Bybit+0.061%71s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.185%+$18 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.061%, 7d avg +0.010%
Together, before fees+0.154%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.052% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DELLUSDT578.160.0157pay 0.0157% / 8h36m 18s$5.9M$3.5M50x
ShortedgeX DELLUSDC578.520.0315get 0.0157% / 4h36m 18s$5K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$33.21
Price spread: +0.061% → +0.010%
$5.17
Slippage, 4 orders
−$17.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$0.79
Costs to cover
0.376%
Break-even
6.8 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 42 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 Bybit live order book, 2 min ago1.82 bp12.1 bp −$1288.8 bp −$888doesn't fitdoesn't fit
Sell edgeX live order book, 42 min ago1.13 bp6.0 bp −$697.2 bp −$972doesn'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%8h578.03−0.023%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h578.17+0.002%$4.5M$7.8M50xas long as short
Variational Omni DELL0.0000%8h578.65+0.085%$261K$82Kas long as short
Lighter DELL+0.0032%1h578.26+0.017%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.123%$8K$83K12xas long as short
Bitget DELLUSDT+0.0037%8h578.25+0.016%$3.4M$4.6M20xas long as short
tradeXYZ xyz:DELL+0.0050%1h577.56−0.104%$7.4M$7.3M10xas long as short
GRVT DELL_USDT_Perp+0.0070%8h577.56−0.103%$907$172K10xas long as short
BloFin DELL-USDT+0.0094%8h578.71+0.095%$321K$219K20xas long as short
Extended DELL-USD+0.0096%1h578.58+0.073%$339K$1.1M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DELLUSDT+0.0099%8h578.68+0.090%$18.9M$66.1M20xas long as short
KuCoin DELLUSDTM+0.0100%8h577.28−0.152%$946K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.95+0.137%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h578.80+0.111%$18K$58K10xas long as short
Bybit DELLUSDTlong+0.0157%8h578.16long leg$5.9M$3.5M50x
Polymarket Perps DELL-USD+0.0225%1h578.22+0.010%$757$23K10xas long as short
edgeX DELLUSDCshort+0.0315%4h578.52+0.061%$5K$333K10x
OKX DELL-USDT-SWAP+0.0495%8h578.79+0.109%$5.9M$6.7M20xas long as short
Phoenix DELL+0.0570%1h577.00−0.201%$3K$280K10xas long as short
Nado DELL-PERP+0.0612%1h577.25−0.157%$70K$13K10xas long as short