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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h −0.119%
Price spread now: BloFin against edgeX+0.331%701s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.455% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 3 days (all we have)−0.365%−$36 · spread now +0.331%, 7d avg +0.019%
Together, before fees−0.617%+ Points / potential airdropedgeX: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.312% dearer against edgeX than usual: you sell high and buy low (spread +0.331% now, against its 7-day average of +0.019%): +$31 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.253% in total) that is about 8.7 days. The two prices were read 701 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DELLUSDC576.140.0615pay 0.0308% / 4h2h 35m$5K$333K10x
ShortBloFin DELL-USDT578.050.0602get 0.0602% / 8h6h 35m$323K$221K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
−$2.77
Price spread: +0.331% → +0.019%
$31.23
Slippage, 4 orders
−$24.49
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.02
Costs to cover
0.455%
Break-even
never at this rate
Slippage from edgeX: live order book, 32 min ago; BloFin: live order book, 29 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 edgeX live order book, 32 min ago4.41 bp9.2 bp −$999.4 bp −$994doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago0.86 bp9.1 bp −$918.1 bp −$181doesn'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%8h575.36−0.136%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h575.66−0.084%$4.1M$7.5M50xas long as short
Bitget DELLUSDT0.0000%8h575.85−0.051%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h576.01−0.023%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.776%$8K$83K12xas long as short
Bybit DELLUSDT+0.0037%8h575.68−0.080%$6.1M$3.9M50xas long as short
tradeXYZ xyz:DELL+0.0050%1h574.72−0.247%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h574.97−0.203%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.19−0.165%$942K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.24+0.017%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h575.97−0.030%$18K$58K10xas long as short
Variational Omni DELL+0.0503%8h575.89−0.044%$263K$87Kas long as short
BloFin DELL-USDTshort+0.0602%8h578.05+0.331%$323K$221K20x
edgeX DELLUSDClong+0.0615%4h576.14long leg$5K$333K10x
Extended DELL-USD+0.0616%1h575.90−0.043%$335K$1.2M10xas long as short
Binance DELLUSDT+0.0617%8h576.04−0.018%$18.7M$65.3M20xas long as short
OKX DELL-USDT-SWAP+0.0643%8h575.91−0.040%$5.9M$6.4M20xas long as short
Nado DELL-PERP+0.0733%1h575.14−0.173%$69K$18K10xas long as short
GRVT DELL_USDT_Perp+0.0785%8h576.12−0.003%$634$154K10xas long as short
Phoenix DELL+0.0789%1h575.96−0.032%$3K$258K10xas long as short