Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%

Price spread now: HTX against tradeXYZ+0.198%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.297%+$30 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.198% dearer against tradeXYZ than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DELL	577.09	0.0050	pay 0.0006% / 1h	0m 57s	$7.5M	$7.0M	10x
Short	HTX DELL-USDT	578.23	0.0100	get 0.0100% / 8h	5h 00m	$17K	$58K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against tradeXYZ. 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 tradeXYZbpFee HTXbpOrdersPrice spread, now +0.198%Rate

Funding earned: $10.5
Price spread: +0.198% → 0.000%: $19.75
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: $0.25
Costs to cover: 0.300%
Break-even: 6.8 days

Slippage unknown: tradeXYZ: live order book, 8 min ago; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 8 min ago	1.13 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	577.28	+0.033%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	577.62	+0.092%	$4.1M	$7.3M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	577.47	+0.066%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0002%	8h	577.48	+0.068%	$6.1M	$3.9M	50x	as long as short
Lighter DELL	+0.0032%	1h	577.88	+0.137%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.939%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLlong	+0.0050%	1h	577.09	long leg	$7.5M	$7.0M	10x
Polymarket Perps DELL-USD	+0.0050%	1h	577.43	+0.059%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.11	+0.003%	$946K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	578.12	+0.178%	$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-USDTshort	+0.0100%	8h	578.23	+0.198%	$17K	$58K	10x
OKX DELL-USDT-SWAP	+0.0451%	8h	577.58	+0.085%	$5.8M	$6.6M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0471%	8h	577.62	+0.092%	$901	$151K	10x	as long as short
edgeX DELLUSDC	+0.0499%	4h	577.81	+0.125%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0509%	8h	577.62	+0.092%	$264K	$86K	—	as long as short
BloFin DELL-USDT	+0.0594%	8h	577.82	+0.126%	$322K	$220K	20x	as long as short
Extended DELL-USD	+0.0608%	1h	577.57	+0.082%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0609%	8h	577.71	+0.107%	$18.7M	$65.0M	20x	as long as short
Nado DELL-PERP	+0.0671%	1h	576.95	−0.024%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0723%	1h	577.65	+0.097%	$3K	$258K	10x	as long as short