Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h +0.021%

Price spread now: Polymarket Perps against Bybit−0.002%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.212%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DELLUSDT	573.92	0.0111	pay 0.0111% / 8h	2h 47m	$6.1M	$3.9M	50x
Short	Polymarket Perps DELL-USD	573.91	0.0050	get 0.0006% / 1h	47m 28s	$7K	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee BybitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$12.77
Price spread: −0.002% → 0.000%: −$0.17
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$31.95
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Polymarket Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	1.83 bp	12.6 bp −$13	83.5 bp −$835	doesn't fit	doesn't fit
Sell Polymarket Perps no order-book sample	—	—	—	—	—

Polymarket Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DELLUSDT	0.0000%	8h	573.76	−0.027%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.06	+0.024%	$4.1M	$7.1M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.04	+0.021%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	574.62	+0.122%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.392%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	573.55	−0.064%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USDshort	+0.0050%	1h	573.91	−0.002%	$7K	$54K	10x
KuCoin DELLUSDTM	+0.0100%	8h	573.68	−0.042%	$940K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.55	+0.110%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.23	+0.054%	$17K	$58K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDTlong	+0.0111%	8h	573.92	long leg	$6.1M	$3.9M	50x
edgeX DELLUSDC	+0.0149%	4h	574.38	+0.080%	$5K	$334K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0308%	8h	574.12	+0.035%	$5.8M	$6.7M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0527%	8h	574.74	+0.143%	$1K	$151K	10x	as long as short
Variational Omni DELL	+0.0537%	8h	574.73	+0.141%	$262K	$61K	—	as long as short
Binance DELLUSDT	+0.0622%	8h	574.04	+0.021%	$18.4M	$66.3M	20x	as long as short
Extended DELL-USD	+0.0624%	1h	574.08	+0.028%	$333K	$1.1M	10x	as long as short
BloFin DELL-USDT	+0.0654%	8h	574.44	+0.091%	$322K	$231K	20x	as long as short
Phoenix DELL	+0.0685%	1h	574.63	+0.124%	$3K	$260K	10x	as long as short
Nado DELL-PERP	+0.0814%	1h	574.07	+0.026%	$69K	$20K	10x	as long as short