Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0297%/8h= +32.6% APRpaid last 24h +0.020%

Price spread now: Polymarket Perps against Variational Omni−0.043%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Polymarket Perps is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DELL	575.72	0	get 0.0000% / 8h	3h 30m	$261K	$82K	—
Short	Polymarket Perps DELL-USD	575.47	0.0297	get 0.0037% / 1h	30m 17s	$1K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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 Variational OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.043%Rate

Funding earned: $62.43
Price spread: −0.043% → 0.000%: −$4.28
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $50.15
Costs to cover: 0.080%
Break-even: 1.4 days

Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Polymarket Perps: 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 Variational Omni RFQ quote, 19 min ago	2.50 bp	doesn't fit	40.8 bp −$408	doesn't fit	doesn't fit
Sell Polymarket Perps no order-book sample	—	—	—	—	—

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
Aster DELLUSDT	0.0000%	8h	575.02	−0.121%	$21K	$50K	20x	as long as short
Extended DELL-USD	0.0000%	1h	575.75	+0.005%	$338K	$1.1M	10x	as long as short
Binance DELLUSDT	0.0000%	8h	575.80	+0.015%	$18.7M	$64.6M	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	575.73	+0.002%	$5.9M	$3.5M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	575.55	−0.029%	$4.6M	$7.6M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	575.19	−0.091%	$3.3M	$4.6M	20x	as long as short
Variational Omni DELLlong	0.0000%	8h	575.72	long leg	$261K	$82K	—
GRVT DELL_USDT_Perp	0.0000%	8h	575.19	−0.091%	$846	$178K	10x	as long as short
BloFin DELL-USDT	+0.0008%	8h	575.92	+0.035%	$322K	$215K	20x	as long as short
Lighter DELL	+0.0032%	1h	575.36	−0.062%	$34K	$11K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.703%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.87	−0.147%	$7.3M	$7.1M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.28	−0.076%	$942K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.36	+0.112%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	576.09	+0.065%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0116%	8h	575.81	+0.016%	$5.9M	$6.6M	20x	as long as short
Polymarket Perps DELL-USDshort	+0.0297%	1h	575.47	−0.043%	$1K	$22K	10x
edgeX DELLUSDC	+0.0330%	4h	575.35	−0.063%	$5K	$334K	10x	as long as short
Phoenix DELL	+0.0611%	1h	574.87	−0.147%	$3K	$280K	10x	as long as short
Nado DELL-PERP	+0.0654%	1h	574.54	−0.204%	$70K	$12K	10x	as long as short