DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: tradeXYZ against Lighter−0.159%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.159% cheaper against Lighter than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 30 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	577.07	0.0032	pay 0.0004% / 1h	21m 19s	$34K	$12K	10x
Short	tradeXYZ xyz:DELL	576.15	0.0050	get 0.0006% / 1h	21m 19s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now −0.159%Rate

Funding earned: $3.78
Price spread: −0.159% → 0.000%: −$15.94
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$30.16
Costs to cover: 0.180%
Break-even: 62.9 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 6 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 6 min ago	1.04 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DELLUSDT	0.0000%	8h	576.40	−0.117%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	576.67	−0.069%	$4.1M	$7.3M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	576.67	−0.069%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0010%	8h	576.71	−0.062%	$6.1M	$3.9M	50x	as long as short
Lighter DELLlong	+0.0032%	1h	577.07	long leg	$34K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.936%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0050%	1h	576.15	−0.159%	$7.5M	$7.0M	10x
Polymarket Perps DELL-USD	+0.0050%	1h	576.64	−0.075%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	576.33	−0.128%	$945K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	577.44	+0.064%	$3K	$336	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	576.37	−0.121%	$17K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0494%	8h	576.80	−0.047%	$5.8M	$6.6M	20x	as long as short
Variational Omni DELL	+0.0530%	8h	576.37	−0.121%	$263K	$86K	—	as long as short
GRVT DELL_USDT_Perp	+0.0538%	8h	576.63	−0.075%	$1K	$152K	10x	as long as short
edgeX DELLUSDC	+0.0586%	4h	576.37	−0.122%	$5K	$333K	10x	as long as short
BloFin DELL-USDT	+0.0623%	8h	576.82	−0.043%	$276K	$220K	20x	as long as short
Binance DELLUSDT	+0.0628%	8h	576.89	−0.031%	$18.7M	$65.0M	20x	as long as short
Extended DELL-USD	+0.0632%	1h	576.74	−0.058%	$339K	$1.2M	10x	as long as short
Nado DELL-PERP	+0.0652%	1h	576.36	−0.123%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0723%	1h	576.44	−0.109%	$3K	$258K	10x	as long as short