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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.123%
Price spread now: Binance against edgeX−0.018%70s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.251%−$25 on $10k
Price spread, last 2 days (all we have)+0.028%+$3 · spread now −0.018%, 7d avg +0.005%
Together, before fees−0.223%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.023% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DELLUSDC576.500.0759pay 0.0380% / 4h2h 16m$5K$334K10x
ShortBinance DELLUSDT576.400.0636get 0.0636% / 8h6h 16m$18.7M$65.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$25.8
Price spread: −0.018% → +0.005%
−$2.26
Slippage, 4 orders
−$26.38
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$73.44
Costs to cover
0.454%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; Binance: live order book, 11 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 edgeX live order book, 52 min ago4.41 bp9.2 bp −$999.4 bp −$994doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.61 bp9.9 bp −$1025.5 bp −$25594.8 bp −$9,478doesn't fit

DELL on 19 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%8h575.98−0.090%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h576.10−0.070%$4.1M$7.5M50xas long as short
Bitget DELLUSDT0.0000%8h576.57+0.012%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h576.57+0.012%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.838%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.67−0.144%$7.5M$7.0M10xas long as short
Bybit DELLUSDT+0.0078%8h576.23−0.047%$6.1M$3.9M50xas long as short
KuCoin DELLUSDTM+0.0100%8h576.00−0.087%$944K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.95+0.078%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h576.49−0.002%$18K$58K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0184%1h576.09−0.071%$7K$55K10xas long as short
Variational Omni DELL+0.0520%8h576.52+0.003%$263K$87Kas long as short
OKX DELL-USDT-SWAP+0.0627%8h575.88−0.108%$5.9M$6.5M20xas long as short
Binance DELLUSDTshort+0.0636%8h576.40−0.018%$18.7M$65.3M20x
Extended DELL-USD+0.0640%1h576.25−0.043%$335K$1.2M10xas long as short
GRVT DELL_USDT_Perp+0.0746%8h576.56+0.010%$1K$153K10xas long as short
edgeX DELLUSDClong+0.0759%4h576.50long leg$5K$334K10x
Nado DELL-PERP+0.0786%1h575.95−0.095%$69K$18K10xas long as short
Phoenix DELL+0.0789%1h576.37−0.023%$3K$258K10xas long as short