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+0.0038%/8h= +4.1% APRpaid last 24h +0.081%
Price spread now: edgeX against Bybit−0.035%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.035%, 7d avg +0.012%
Together, before fees+0.169%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.012%). If the spread goes back, that is −$5 on $10k: about 4.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DELLUSDT572.850.0140pay 0.0140% / 8h3h 07m$6.1M$3.9M50x
ShortedgeX DELLUSDC572.650.0178get 0.0089% / 4h3h 07m$5K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$7.9
Price spread: −0.035% → +0.012%
−$4.73
Slippage, 4 orders
−$20.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$37.19
Costs to cover
0.404%
Break-even
40.0 days
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 46 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 Bybit live order book, 1 min ago1.66 bp13.8 bp −$1480.8 bp −$808doesn't fitdoesn't fit
Sell edgeX live order book, 46 min ago1.21 bp6.0 bp −$693.5 bp −$935doesn't fitdoesn'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%8h572.71−0.024%$20K$50K20xas long as short
Gate DELL_USDT0.0000%8h573.02+0.030%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h573.14+0.051%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h573.27+0.073%$33K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.206%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h572.56−0.051%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h572.88+0.005%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h572.69−0.028%$938K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h573.58+0.127%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h572.88+0.005%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDTlong+0.0140%8h572.85long leg$6.1M$3.9M50x
edgeX DELLUSDCshort+0.0178%4h572.65−0.035%$5K$333K10x
OKX DELL-USDT-SWAP+0.0338%8h573.27+0.073%$5.8M$6.6M20xas long as short
GRVT DELL_USDT_Perp+0.0550%8h572.74−0.019%$802$151K10xas long as short
Variational Omni DELL+0.0565%8h572.85+0.001%$262K$62Kas long as short
Binance DELLUSDT+0.0655%8h573.10+0.044%$18.5M$66.2M20xas long as short
Extended DELL-USD+0.0656%1h572.95+0.018%$333K$1.1M10xas long as short
BloFin DELL-USDT+0.0656%8h572.75−0.017%$321K$219K20xas long as short
Nado DELL-PERP+0.0773%1h572.15−0.122%$69K$20K10xas long as short
Phoenix DELL+0.1040%1h572.46−0.068%$3K$260K10xas long as short