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−0.0032%/8h= −3.5% APRpaid last 24h +0.033%
Price spread now: Gate against Lighter−0.026%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 6 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.026% cheaper against Lighter than usual: you would sell low and buy high (−$3 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 DELL573.020.0032pay 0.0004% / 1h56m 30s$33K$12K10x
ShortGate DELL_USDT572.870get 0.0000% / 8h56m 30s$4.1M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.026% → 0.000%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.34
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: 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 Gate live order book, 2 min ago2.71 bp11.3 bp −$1137.3 bp −$37381.8 bp −$8,184doesn'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%8h572.53−0.086%$20K$49K20xas long as short
Gate DELL_USDTshort0.0000%8h572.87−0.026%$4.1M$7.0M50x
Bitget DELLUSDT0.0000%8h573.49+0.082%$3.6M$4.7M20xas long as short
Lighter DELLlong+0.0032%1h573.02long leg$33K$12K10x
Injective DELL/USDC PERP+0.0033%1h571.67−0.236%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h572.42−0.105%$7.5M$6.9M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h572.77−0.044%$7K$55K10xas long as short
Bybit DELLUSDT+0.0076%8h572.75−0.047%$6.1M$4.0M50xas long as short
KuCoin DELLUSDTM+0.0100%8h572.40−0.108%$938K$28K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h573.45+0.075%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h573.10+0.014%$17K$58K10xas long as short
OKX DELL-USDT-SWAP+0.0226%8h572.83−0.033%$5.8M$6.7M20xas long as short
Variational Omni DELL+0.0434%8h574.08+0.186%$259K$61Kas long as short
Binance DELLUSDT+0.0518%8h572.90−0.021%$18.3M$66.8M20xas long as short
Extended DELL-USD+0.0520%1h572.70−0.056%$333K$1.6M10xas long as short
BloFin DELL-USDT+0.0529%8h573.01−0.002%$322K$234K20xas long as short
GRVT DELL_USDT_Perp+0.0531%8h573.93+0.159%$976$147K10xas long as short
Nado DELL-PERP+0.0721%1h573.16+0.025%$69K$20K10xas long as short
Phoenix DELL+0.0863%1h572.76−0.045%$3K$228K10xas long as short
edgeX DELLUSDC+0.0951%4h573.50+0.084%$5K$332K10xas long as short