Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.056%

Price spread now: Gate against Bybit−0.036%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.242%+$24 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.036%, 7d avg +0.004%

Together, before fees+0.268%+$27 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 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DELLUSDT	575.73	0	get 0.0000% / 8h	3h 30m	$5.9M	$3.5M	50x
Short	Gate DELL_USDT	575.52	0	get 0.0000% / 8h	3h 30m	$4.6M	$7.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.004%: −$4.01
Slippage, 4 orders: −$28.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.35
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 4 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 Bybit live order book, 3 min ago	1.57 bp	11.2 bp −$11	83.4 bp −$834	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.83 bp	15.5 bp −$16	38.4 bp −$384	81.1 bp −$8,111	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	574.80	−0.162%	$21K	$50K	20x	as long as short
Extended DELL-USD	0.0000%	1h	575.80	+0.013%	$338K	$1.1M	10x	as long as short
Binance DELLUSDT	0.0000%	8h	575.85	+0.021%	$18.7M	$64.6M	20x	as long as short
Bybit DELLUSDTlong	0.0000%	8h	575.73	long leg	$5.9M	$3.5M	50x
Gate DELL_USDTshort	0.0000%	8h	575.52	−0.036%	$4.6M	$7.6M	50x
Bitget DELLUSDT	0.0000%	8h	575.19	−0.094%	$3.3M	$4.6M	20x	as long as short
Variational Omni DELL	0.0000%	8h	575.72	−0.002%	$261K	$82K	—	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	575.19	−0.094%	$846	$178K	10x	as long as short
BloFin DELL-USDT	+0.0008%	8h	575.92	+0.033%	$322K	$215K	20x	as long as short
Lighter DELL	+0.0032%	1h	575.68	−0.009%	$34K	$11K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.705%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.87	−0.149%	$7.3M	$7.1M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.28	−0.078%	$942K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.97	+0.042%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	576.09	+0.063%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0116%	8h	575.81	+0.014%	$5.9M	$6.6M	20x	as long as short
Polymarket Perps DELL-USD	+0.0297%	1h	575.47	−0.045%	$1K	$22K	10x	as long as short
edgeX DELLUSDC	+0.0330%	4h	575.35	−0.066%	$5K	$334K	10x	as long as short
Phoenix DELL	+0.0611%	1h	574.87	−0.149%	$3K	$280K	10x	as long as short
Nado DELL-PERP	+0.0654%	1h	574.54	−0.206%	$70K	$12K	10x	as long as short