Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against Bitget−0.087%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$540.540% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 7 days+0.154%+$15 · spread now −0.087%, 7d avg −0.025%

Together, before fees+0.214%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.062% cheaper against Bitget than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DELLUSDT	573.19	0	get 0.0000% / 8h	3h 05m	$3.6M	$4.7M	20x
Short	tradeXYZ xyz:DELL	572.69	0.0050	get 0.0006% / 1h	5m 21s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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 BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.087%Rate

Funding earned: $10.5
Price spread: −0.087% → −0.025%: −$6.19
Slippage, 4 orders: −$24.01
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$49.7
Costs to cover: 0.540%
Break-even: 40.1 days

Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 2 min ago.

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 Bitget live order book, 3 min ago	1.40 bp	13.5 bp −$14	43.0 bp −$430	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	0.79 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

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	572.74	−0.078%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.15	−0.007%	$4.1M	$7.3M	50x	as long as short
Bitget DELLUSDTlong	0.0000%	8h	573.19	long leg	$3.6M	$4.7M	20x
Lighter DELL	+0.0032%	1h	573.46	+0.047%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.265%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0050%	1h	572.69	−0.087%	$7.5M	$7.0M	10x
Polymarket Perps DELL-USD	+0.0050%	1h	573.02	−0.030%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.70	−0.085%	$938K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.73	+0.094%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.75	+0.098%	$17K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0140%	8h	573.05	−0.024%	$6.1M	$3.9M	50x	as long as short
edgeX DELLUSDC	+0.0178%	4h	572.65	−0.095%	$5K	$333K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0339%	8h	573.20	+0.002%	$5.8M	$6.6M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0547%	8h	573.05	−0.025%	$802	$151K	10x	as long as short
Variational Omni DELL	+0.0557%	8h	573.52	+0.058%	$261K	$61K	—	as long as short
Binance DELLUSDT	+0.0654%	8h	573.25	+0.010%	$18.5M	$66.3M	20x	as long as short
BloFin DELL-USDT	+0.0655%	8h	573.30	+0.019%	$321K	$219K	20x	as long as short
Extended DELL-USD	+0.0656%	1h	573.10	−0.015%	$333K	$1.1M	10x	as long as short
Nado DELL-PERP	+0.0772%	1h	572.55	−0.112%	$69K	$20K	10x	as long as short
Phoenix DELL	+0.1040%	1h	572.46	−0.127%	$3K	$260K	10x	as long as short