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+0.0358%/8h= +39.2% APRpaid last 24h +0.069%
Price spread now: edgeX against KuCoin+0.264%68s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3633.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.264%, 7d avg +0.031%
Together, before fees−0.177%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.233% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% 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
LongKuCoin DELLUSDTM573.700.0100pay 0.0100% / 8h3h 38m$940K$29K20x
ShortedgeX DELLUSDC575.210.0458get 0.0229% / 4h3h 38m$5K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$75.17
Price spread: +0.264% → +0.031%
$23.27
Slippage, 4 orders
−$342.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$264.98
Costs to cover
3.634%
Break-even
31.7 days
Slippage from KuCoin: live order book, 6 min ago; edgeX: live order book, 15 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 KuCoin live order book, 6 min ago16.00 bp213.6 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago1.21 bp6.0 bp −$693.5 bp −$935doesn'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%8h573.61−0.016%$20K$50K20xas long as short
Gate DELL_USDT0.0000%8h574.31+0.106%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h574.22+0.091%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h574.57+0.152%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.354%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h573.51−0.033%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h573.78+0.014%$7K$54K10xas long as short
KuCoin DELLUSDTMlong+0.0100%8h573.70long leg$940K$29K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.96+0.220%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h575.58+0.328%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0187%8h573.78+0.014%$6.1M$3.9M50xas long as short
OKX DELL-USDT-SWAP+0.0389%8h574.19+0.085%$5.8M$6.6M20xas long as short
edgeX DELLUSDCshort+0.0458%4h575.21+0.264%$5K$333K10x
Variational Omni DELL+0.0612%8h575.11+0.246%$262K$64Kas long as short
GRVT DELL_USDT_Perp+0.0636%8h575.31+0.281%$915$153K10xas long as short
BloFin DELL-USDT+0.0687%8h574.74+0.181%$322K$219K20xas long as short
Binance DELLUSDT+0.0700%8h574.01+0.054%$18.5M$65.9M20xas long as short
Extended DELL-USD+0.0704%1h573.72+0.003%$333K$1.2M10xas long as short
Nado DELL-PERP+0.0827%1h573.88+0.031%$69K$19K10xas long as short
Phoenix DELL+0.1040%1h575.17+0.256%$3K$260K10xas long as short