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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.010%
Price spread now: Extended against Lighter+0.056%7-day average · you sell dearer than you buy
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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.056% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL578.260.0032pay 0.0004% / 1h36m 17s$34K$12K10x
ShortExtended DELL-USD578.580.0096get 0.0012% / 1h36m 17s$339K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$13.44
Price spread: +0.056% → 0.000%
$5.56
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$14
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 2 min ago. 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 Extended live order book, 2 min ago3.72 bp18.1 bp −$18145.5 bp −$1,455doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h578.03−0.040%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h578.17−0.016%$4.5M$7.8M50xas long as short
Variational Omni DELL0.0000%8h578.65+0.068%$261K$82Kas long as short
Lighter DELLlong+0.0032%1h578.26long leg$34K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−1.140%$8K$83K12xas long as short
Bitget DELLUSDT+0.0037%8h578.25−0.002%$3.4M$4.6M20xas long as short
tradeXYZ xyz:DELL+0.0050%1h577.56−0.121%$7.4M$7.3M10xas long as short
GRVT DELL_USDT_Perp+0.0070%8h577.56−0.120%$907$172K10xas long as short
BloFin DELL-USDT+0.0094%8h578.71+0.078%$321K$219K20xas long as short
Extended DELL-USDshort+0.0096%1h578.58+0.056%$339K$1.1M10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DELLUSDT+0.0099%8h578.68+0.073%$18.9M$66.1M20xas long as short
KuCoin DELLUSDTM+0.0100%8h577.28−0.169%$946K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.95+0.119%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h578.80+0.093%$18K$58K10xas long as short
Bybit DELLUSDT+0.0157%8h578.16−0.017%$5.9M$3.5M50xas long as short
Polymarket Perps DELL-USD+0.0225%1h578.22−0.007%$757$23K10xas long as short
edgeX DELLUSDC+0.0315%4h578.52+0.044%$5K$333K10xas long as short
OKX DELL-USDT-SWAP+0.0495%8h578.79+0.092%$5.9M$6.7M20xas long as short
Phoenix DELL+0.0570%1h577.00−0.218%$3K$280K10xas long as short
Nado DELL-PERP+0.0612%1h577.25−0.174%$70K$13K10xas long as short