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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h −0.009%
Price spread now: Lighter against Bybit+0.078%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 airdropLighter: 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 0.078% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DELLUSDT577.460.0002pay 0.0002% / 8h5h 02m$6.1M$3.9M50x
ShortLighter DELL577.910.0032get 0.0004% / 1h2m 46s$34K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.4
Price spread: +0.078% → 0.000%
$7.79
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
$3.19
Costs to cover
0.110%
Break-even
3.5 days
Slippage unknown: Bybit: live order book, 5 min ago; 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 Bybit live order book, 5 min ago2.08 bp14.8 bp −$1579.1 bp −$791doesn't fitdoesn't fit
Sell Lighter no order-book sample
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
Aster DELLUSDT0.0000%8h577.27−0.032%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h577.36−0.017%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h577.15−0.054%$3.6M$4.6M20xas long as short
Bybit DELLUSDTlong+0.0002%8h577.46long leg$6.1M$3.9M50x
Lighter DELLshort+0.0032%1h577.91+0.078%$34K$13K10x
Injective DELL/USDC PERP+0.0033%1h571.67−1.003%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h576.87−0.102%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h577.24−0.038%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h577.15−0.054%$946K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.04+0.100%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h578.00+0.094%$17K$58K10xas long as short
OKX DELL-USDT-SWAP+0.0454%8h577.29−0.029%$5.8M$6.6M20xas long as short
GRVT DELL_USDT_Perp+0.0480%8h577.96+0.086%$902$151K10xas long as short
edgeX DELLUSDC+0.0499%4h577.81+0.061%$5K$334K10xas long as short
Variational Omni DELL+0.0513%8h577.78+0.056%$264K$86Kas long as short
Binance DELLUSDT+0.0611%8h577.460.000%$18.7M$65.0M20xas long as short
Extended DELL-USD+0.0616%1h577.34−0.020%$335K$1.2M10xas long as short
BloFin DELL-USDT+0.0632%8h577.50+0.007%$275K$220K20xas long as short
Nado DELL-PERP+0.0678%1h577.19−0.047%$69K$18K10xas long as short
Phoenix DELL+0.0723%1h577.65+0.033%$3K$258K10xas long as short