Settings8H · net · $10k
Funding arb · Price arb /

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter−0.077%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.077% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL576.640.0032pay 0.0004% / 1h27m 39s$34K$12K10x
ShortAster DELLUSDT576.190get 0.0000% / 8h5h 27m$21K$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
−$6.72
Price spread: −0.077% → 0.000%
−$7.72
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$22.44
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Aster no order-book sample
Lighter and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDTshort0.0000%8h576.19−0.077%$21K$50K20x
Gate DELL_USDT0.0000%8h576.18−0.080%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h576.17−0.082%$3.6M$4.6M20xas long as short
Bybit DELLUSDT+0.0022%8h576.35−0.050%$6.1M$3.9M50xas long as short
Lighter DELLlong+0.0032%1h576.64long leg$34K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−0.862%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.69−0.165%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h576.02−0.108%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h576.00−0.111%$944K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.88+0.042%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h576.32−0.055%$17K$58K10xas long as short
OKX DELL-USDT-SWAP+0.0511%8h576.16−0.083%$5.8M$6.6M20xas long as short
Variational Omni DELL+0.0538%8h576.47−0.029%$263K$86Kas long as short
GRVT DELL_USDT_Perp+0.0597%8h576.49−0.026%$784$151K10xas long as short
Binance DELLUSDT+0.0640%8h576.32−0.056%$18.7M$65.0M20xas long as short
Extended DELL-USD+0.0640%1h576.16−0.084%$339K$1.2M10xas long as short
BloFin DELL-USDT+0.0647%8h576.71+0.012%$321K$220K20xas long as short
Nado DELL-PERP+0.0690%1h576.16−0.083%$69K$18K10xas long as short
Phoenix DELL+0.0723%1h576.41−0.040%$3K$258K10xas long as short
edgeX DELLUSDC+0.0801%4h576.51−0.023%$5K$334K10xas long as short