Settings8H · net · $10k
Funding arb · Price arb /

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Aster+0.180%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.180% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DELLUSDT575.100get 0.0000% / 8h1h 46m$21K$50K20x
ShortLighter DELL576.140.0032get 0.0004% / 1h46m 23s$34K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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: +0.180% → 0.000%
$18.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$16.75
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Lighter no order-book sample
Aster and 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
BloFin DELL-USDT−0.0017%8h575.87+0.133%$319K$219K20xas long as short
Aster DELLUSDTlong0.0000%8h575.10long leg$21K$50K20x
Extended DELL-USD0.0000%1h575.80+0.121%$338K$1.1M10xas long as short
Binance DELLUSDT0.0000%8h575.87+0.134%$18.7M$65.6M20xas long as short
Gate DELL_USDT0.0000%8h575.60+0.086%$4.5M$7.8M50xas long as short
Variational Omni DELL0.0000%8h575.82+0.124%$260K$82Kas long as short
GRVT DELL_USDT_Perp0.0000%8h575.47+0.064%$996$181K10xas long as short
Lighter DELLshort+0.0032%1h576.14+0.180%$34K$11K10x
Injective DELL/USDC PERP+0.0033%1h571.67−0.597%$8K$83K12xas long as short
Bitget DELLUSDT+0.0036%8h575.40+0.052%$3.3M$4.6M20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:DELL+0.0050%1h574.96−0.025%$7.3M$7.2M10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.45+0.060%$943K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.35+0.217%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h575.90+0.139%$18K$58K10xas long as short
Bybit DELLUSDT+0.0194%8h575.58+0.083%$5.9M$3.6M50xas long as short
OKX DELL-USDT-SWAP+0.0372%8h575.85+0.130%$5.9M$6.8M20xas long as short
Polymarket Perps DELL-USD+0.0389%1h575.62+0.090%$754$23K10xas long as short
edgeX DELLUSDC+0.0483%4h575.86+0.131%$5K$334K10xas long as short
Phoenix DELL+0.0528%1h575.50+0.069%$3K$280K10xas long as short
Nado DELL-PERP+0.0777%1h574.90−0.036%$70K$13K10xas long as short