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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment $2.10 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Binance−0.064%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.299%+$30 on $10k
Price spread, last 2 days (all we have)+0.094%+$9 · spread now −0.064%, 7d avg −0.031%
Together, before fees+0.393%+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.299%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DELLUSDT579.880.0554pay 0.0554% / 8h7h 25m$18.8M$65.7M20x
ShortGate DELL_USDT579.510.0344get 0.0344% / 8h7h 25m$4.1M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$44.06
Price spread: −0.064% → −0.031%
−$3.28
Slippage, 4 orders
−$21.29
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$93.63
Costs to cover
0.463%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.69 bp8.5 bp −$824.7 bp −$247112.6 bp −$11.3Kdoesn't fit
Sell Gate live order book, 2 min ago4.05 bp13.7 bp −$1429.8 bp −$29878.1 bp −$7,813doesn't fit

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
Aster DELLUSDT0.0000%8h578.60−0.221%$21K$50K20xas long as short
Lighter DELL+0.0032%1h579.52−0.062%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.416%$8K$83K12xas long as short
KuCoin DELLUSDTM+0.0100%8h579.03−0.147%$949K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h580.42+0.093%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h579.86−0.003%$18K$58K10xas long as short
Bitget DELLUSDT+0.0228%8h579.56−0.055%$3.6M$4.7M20xas long as short
tradeXYZ xyz:DELL+0.0293%1h578.82−0.183%$7.4M$7.0M10xas long as short
Gate DELL_USDTshort+0.0344%8h579.51−0.064%$4.1M$7.6M50x
Bybit DELLUSDT+0.0383%8h579.52−0.062%$6.2M$3.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni DELL+0.0444%8h579.66−0.038%$263K$82Kas long as short
edgeX DELLUSDC+0.0471%4h579.55−0.058%$5K$332K10xas long as short
Extended DELL-USD+0.0552%1h579.69−0.032%$340K$1.9M10xas long as short
Binance DELLUSDTlong+0.0554%8h579.88long leg$18.8M$65.7M20x
BloFin DELL-USDT+0.0561%8h580.19+0.053%$321K$222K20xas long as short
OKX DELL-USDT-SWAP+0.0681%8h579.83−0.009%$5.9M$6.5M20xas long as short
Polymarket Perps DELL-USD+0.0727%1h579.48−0.069%$8K$54K10xas long as short
Phoenix DELL+0.0790%1h578.31−0.271%$3K$280K10xas long as short
Nado DELL-PERP+0.0858%1h578.57−0.226%$69K$15K10xas long as short
GRVT DELL_USDT_Perp+0.1508%8h578.96−0.159%$938$163K10xas long as short