Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0280%/8h= −30.7% APRpaid last 24h −0.025%

Price spread now: Binance against Polymarket Perps+0.050%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.303%−$30 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Binance is 0.050% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DELL-USD	575.48	0.0280	pay 0.0035% / 1h	24m 09s	$754	$23K	10x
Short	Binance DELLUSDT	575.77	0	get 0.0000% / 8h	1h 24m	$18.7M	$65.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.050%Rate

Funding earned: −$58.83
Price spread: +0.050% → 0.000%: $5.04
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$71.79
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; Binance: live order book, 3 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	0.43 bp	8.3 bp −$8	21.0 bp −$210	101.4 bp −$10.1K	doesn't fit

Polymarket Perps: 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
BloFin DELL-USDT	−0.0023%	8h	575.80	+0.056%	$319K	$218K	20x	as long as short
Aster DELLUSDT	0.0000%	8h	574.99	−0.085%	$21K	$50K	20x	as long as short
Extended DELL-USD	0.0000%	1h	575.66	+0.031%	$338K	$1.1M	10x	as long as short
Binance DELLUSDTshort	0.0000%	8h	575.77	+0.050%	$18.7M	$65.6M	20x
Gate DELL_USDT	0.0000%	8h	575.48	0.000%	$4.5M	$7.8M	50x	as long as short
Variational Omni DELL	0.0000%	8h	575.79	+0.054%	$260K	$82K	—	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	575.73	+0.043%	$1K	$178K	10x	as long as short
Lighter DELL	+0.0032%	1h	575.87	+0.068%	$34K	$11K	10x	as long as short
Bitget DELLUSDT	+0.0032%	8h	575.29	−0.033%	$3.3M	$4.6M	20x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.662%	$8K	$83K	12x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:DELL	+0.0050%	1h	574.78	−0.122%	$7.4M	$7.2M	10x	as long as short
edgeX DELLUSDC	+0.0100%	4h	575.83	+0.061%	$5K	$332K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.29	−0.033%	$943K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.28	+0.139%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.58	+0.017%	$18K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0191%	8h	575.43	−0.009%	$5.9M	$3.6M	50x	as long as short
Polymarket Perps DELL-USDlong	+0.0280%	1h	575.48	long leg	$754	$23K	10x
OKX DELL-USDT-SWAP	+0.0412%	8h	575.93	+0.078%	$5.9M	$6.8M	20x	as long as short
Phoenix DELL	+0.0528%	1h	575.38	−0.017%	$3K	$280K	10x	as long as short
Nado DELL-PERP	+0.0699%	1h	574.91	−0.099%	$70K	$13K	10x	as long as short