Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%

Price spread now: Lighter against KuCoin+0.026%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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 pays, funding is against you. Lighter is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin DELLUSDTM	574.33	0.0100	pay 0.0100% / 8h	3h 38m	$940K	$29K	20x
Short	Lighter DELL	574.48	0.0032	get 0.0004% / 1h	38m 56s	$34K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee KuCoinbpFee LighterbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$14.28
Price spread: +0.026% → 0.000%: $2.61
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$23.67
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	16.00 bp	213.6 bp −$214	doesn't fit	doesn't fit	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	574.35	+0.004%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.40	+0.012%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.65	+0.056%	$3.6M	$4.6M	20x	as long as short
Lighter DELLshort	+0.0032%	1h	574.48	+0.026%	$34K	$13K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.463%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.15	−0.031%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	574.30	−0.005%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTMlong	+0.0100%	8h	574.33	long leg	$940K	$29K	20x
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.96	+0.110%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.58	+0.218%	$17K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0187%	8h	574.47	+0.024%	$6.1M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAP	+0.0389%	8h	574.19	−0.024%	$5.8M	$6.6M	20x	as long as short
edgeX DELLUSDC	+0.0458%	4h	575.21	+0.154%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0612%	8h	575.11	+0.136%	$262K	$64K	—	as long as short
GRVT DELL_USDT_Perp	+0.0636%	8h	575.31	+0.171%	$915	$153K	10x	as long as short
BloFin DELL-USDT	+0.0687%	8h	574.74	+0.071%	$322K	$219K	20x	as long as short
Extended DELL-USD	+0.0704%	1h	574.39	+0.011%	$333K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0705%	8h	574.53	+0.034%	$18.5M	$65.9M	20x	as long as short
Nado DELL-PERP	+0.0834%	1h	574.59	+0.046%	$69K	$19K	10x	as long as short
Phoenix DELL	+0.1040%	1h	575.17	+0.146%	$3K	$260K	10x	as long as short