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−0.0069%/8h= −7.6% APRpaid last 24h −0.040%
Price spread now: OKX against edgeX−0.074%7-day average +0.042% · 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−$50as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.074%, 7d avg +0.042%
Together, before fees+0.024%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.116% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DELLUSDC575.690.0467pay 0.0234% / 4h3h 41m$5K$333K10x
ShortOKX DELL-USDT-SWAP575.260.0398get 0.0398% / 8h3h 41m$5.9M$6.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$14.53
Price spread: −0.074% → +0.042%
−$11.57
Slippage, 4 orders
−$19.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$64.52
Costs to cover
0.384%
Break-even
never at this rate
Slippage from edgeX: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago1.21 bp6.0 bp −$680.6 bp −$806doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.13 bp13.4 bp −$1362.5 bp −$625doesn'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%8h574.73−0.166%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h575.20−0.085%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h575.18−0.088%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h575.60−0.015%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.698%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.04−0.112%$7.6M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h575.09−0.104%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h574.94−0.130%$941K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h575.82+0.023%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h575.58−0.019%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0197%8h575.13−0.097%$6.1M$3.9M50xas long as short
OKX DELL-USDT-SWAPshort+0.0398%8h575.26−0.074%$5.9M$6.6M20x
edgeX DELLUSDClong+0.0467%4h575.69long leg$5K$333K10x
Variational Omni DELL+0.0607%8h576.02+0.058%$262K$64Kas long as short
GRVT DELL_USDT_Perp+0.0627%8h575.82+0.022%$916$153K10xas long as short
BloFin DELL-USDT+0.0677%8h575.35−0.058%$322K$219K20xas long as short
Extended DELL-USD+0.0704%1h575.09−0.104%$334K$1.2M10xas long as short
Binance DELLUSDT+0.0706%8h575.25−0.076%$18.5M$65.9M20xas long as short
Nado DELL-PERP+0.0845%1h574.66−0.178%$69K$18K10xas long as short
Phoenix DELL+0.1040%1h575.64−0.008%$3K$260K10xas long as short