Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.033%

Price spread now: Lighter against Gate0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DELL_USDT	572.82	0	get 0.0000% / 8h	54m 47s	$4.1M	$7.0M	50x
Short	Lighter DELL	572.82	0.0032	get 0.0004% / 1h	54m 47s	$33K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee GatebpFee LighterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $6.72
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$8.28
Costs to cover: 0.150%
Break-even: 15.6 days

Slippage unknown: Gate: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.

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 Gate live order book, 4 min ago	2.71 bp	32.9 bp −$33	48.9 bp −$489	73.9 bp −$7,385	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	572.93	+0.019%	$20K	$49K	20x	as long as short
Gate DELL_USDTlong	0.0000%	8h	572.82	long leg	$4.1M	$7.0M	50x
Bitget DELLUSDT	0.0000%	8h	573.46	+0.112%	$3.6M	$4.7M	20x	as long as short
Lighter DELLshort	+0.0032%	1h	572.82	0.000%	$33K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.201%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	572.49	−0.058%	$7.5M	$6.9M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	572.19	−0.110%	$7K	$55K	10x	as long as short
Bybit DELLUSDT	+0.0073%	8h	573.07	+0.044%	$6.1M	$4.0M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.54	−0.049%	$938K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.01	+0.033%	$3K	$336	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	572.99	+0.030%	$17K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0224%	8h	572.81	−0.002%	$5.8M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0419%	8h	573.26	+0.077%	$259K	$61K	—	as long as short
BloFin DELL-USDT	+0.0504%	8h	573.10	+0.049%	$322K	$234K	20x	as long as short
Binance DELLUSDT	+0.0514%	8h	573.45	+0.110%	$18.4M	$66.8M	20x	as long as short
Extended DELL-USD	+0.0520%	1h	572.86	+0.006%	$333K	$1.7M	10x	as long as short
GRVT DELL_USDT_Perp	+0.0528%	8h	573.05	+0.041%	$974	$147K	10x	as long as short
edgeX DELLUSDC	+0.0577%	4h	572.93	+0.019%	$5K	$333K	10x	as long as short
Nado DELL-PERP	+0.0671%	1h	572.06	−0.132%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.0863%	1h	572.76	−0.010%	$3K	$228K	10x	as long as short