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+0.0992%/8h= +108.6% APRpaid last 24h +0.115%
Price spread now: edgeX against Gate+0.158%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$540.536% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)−0.327%−$33 · spread now +0.158%, 7d avg +0.002%
Together, before fees−0.375%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and edgeX is 0.156% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DELL_USDT575.930get 0.0000% / 8h6h 39m$4.1M$7.4M50x
ShortedgeX DELLUSDC576.840.0992get 0.0496% / 4h2h 39m$5K$332K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$208.27
Price spread: +0.158% → +0.002%
$15.55
Slippage, 4 orders
−$29.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$170.18
Costs to cover
0.536%
Break-even
1.3 days
Slippage from Gate: live order book, 4 min ago; edgeX: 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 Gate live order book, 4 min ago1.82 bp15.1 bp −$1539.4 bp −$39475.6 bp −$7,555doesn't fit
Sell edgeX live order book, 29 min ago4.41 bp15.6 bp −$16101.4 bp −$1,014doesn'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%8h576.53+0.105%$21K$50K20xas long as short
Gate DELL_USDTlong0.0000%8h575.93long leg$4.1M$7.4M50x
Bitget DELLUSDT0.0000%8h576.05+0.021%$3.6M$4.7M20xas long as short
Bybit DELLUSDT+0.0026%8h575.87−0.010%$6.1M$3.9M50xas long as short
Lighter DELL+0.0032%1h576.19+0.045%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.740%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.50−0.075%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h575.78−0.026%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.73−0.035%$943K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h577.00+0.186%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h576.15+0.038%$18K$58K10xas long as short
Variational Omni DELL+0.0505%8h576.66+0.126%$262K$86Kas long as short
BloFin DELL-USDT+0.0602%8h578.05+0.368%$323K$221K20xas long as short
Extended DELL-USD+0.0616%1h575.88−0.008%$335K$1.2M10xas long as short
Binance DELLUSDT+0.0618%8h575.96+0.006%$18.7M$65.2M20xas long as short
OKX DELL-USDT-SWAP+0.0644%8h576.09+0.028%$5.9M$6.4M20xas long as short
Nado DELL-PERP+0.0743%1h575.64−0.051%$69K$18K10xas long as short
Phoenix DELL+0.0789%1h576.38+0.078%$3K$258K10xas long as short
GRVT DELL_USDT_Perp+0.0818%8h576.79+0.149%$634$154K10xas long as short
edgeX DELLUSDCshort+0.0992%4h576.84+0.158%$5K$332K10x