Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%

Price spread now: BloFin against Extended+0.017%74s7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.529% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.017%, 7d avg +0.041%

Together, before fees+0.050%+ Points / potential airdropExtended: Active · farm board+$5 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: BloFin is 0.025% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.041%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DELL-USD	578.61	0.0096	pay 0.0012% / 1h	36m 03s	$339K	$1.1M	10x
Short	BloFin DELL-USDT	578.71	0.0094	get 0.0094% / 8h	36m 03s	$321K	$219K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$0.4
Price spread: +0.017% → +0.041%: −$2.47
Slippage, 4 orders: −$35.94
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$55.81
Costs to cover: 0.529%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; BloFin: live order book, 39 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 Extended live order book, 2 min ago	3.72 bp	17.9 bp −$18	241.2 bp −$2,412	doesn't fit	doesn't fit
Sell BloFin live order book, 39 min ago	0.17 bp	9.4 bp −$9	16.6 bp −$166	doesn't fit	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	578.06	−0.096%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	578.17	−0.077%	$4.5M	$7.8M	50x	as long as short
Variational Omni DELL	0.0000%	8h	578.65	+0.007%	$261K	$82K	—	as long as short
Lighter DELL	+0.0032%	1h	578.30	−0.054%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−1.200%	$8K	$83K	12x	as long as short
Bitget DELLUSDT	+0.0037%	8h	578.25	−0.063%	$3.4M	$4.6M	20x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	577.57	−0.180%	$7.4M	$7.3M	10x	as long as short
GRVT DELL_USDT_Perp	+0.0070%	8h	577.56	−0.181%	$907	$172K	10x	as long as short
BloFin DELL-USDTshort	+0.0094%	8h	578.71	+0.017%	$321K	$219K	20x
Extended DELL-USDlong	+0.0096%	1h	578.61	long leg	$339K	$1.1M	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DELLUSDT	+0.0099%	8h	578.71	+0.017%	$18.9M	$66.1M	20x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.27	−0.232%	$945K	$33K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	578.95	+0.058%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	578.80	+0.032%	$18K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0157%	8h	578.16	−0.078%	$5.9M	$3.5M	50x	as long as short
Polymarket Perps DELL-USD	+0.0225%	1h	578.22	−0.068%	$757	$23K	10x	as long as short
edgeX DELLUSDC	+0.0315%	4h	578.52	−0.017%	$5K	$333K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0495%	8h	578.82	+0.036%	$5.9M	$6.7M	20x	as long as short
Phoenix DELL	+0.0570%	1h	577.00	−0.279%	$3K	$280K	10x	as long as short
Nado DELL-PERP	+0.0612%	1h	577.25	−0.235%	$70K	$13K	10x	as long as short