Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%

Price spread now: Bitget against Gate+0.033%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$670.673% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.278%−$28 on $10k

Price spread, last 7 days−0.095%−$9 · spread now +0.033%, 7d avg −0.021%

Together, before fees−0.373%−$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DELL_USDT	576.00	0	get 0.0000% / 8h	5h 58m	$4.1M	$7.2M	50x
Short	Bitget DELLUSDT	576.19	0	get 0.0000% / 8h	5h 58m	$3.6M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → −0.021%: $5.4
Slippage, 4 orders: −$40.3
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$61.9
Costs to cover: 0.673%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 4 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 Gate live order book, 5 min ago	3.21 bp	15.5 bp −$16	47.2 bp −$472	73.8 bp −$7,376	doesn't fit
Sell Bitget live order book, 4 min ago	2.52 bp	19.7 bp −$20	53.2 bp −$532	doesn't fit	doesn't fit

DELL on 19 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	575.31	−0.120%	$21K	$50K	20x	as long as short
Gate DELL_USDTlong	0.0000%	8h	576.00	long leg	$4.1M	$7.2M	50x
Bitget DELLUSDTshort	0.0000%	8h	576.19	+0.033%	$3.6M	$4.6M	20x
Lighter DELL	+0.0032%	1h	576.14	+0.024%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.752%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	575.53	−0.082%	$7.5M	$7.1M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	575.66	−0.059%	$7K	$54K	10x	as long as short
Bybit DELLUSDT	+0.0073%	8h	576.11	+0.019%	$6.1M	$3.9M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.49	−0.089%	$943K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.55	+0.095%	$3K	$336	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	576.13	+0.023%	$17K	$58K	10x	as long as short
edgeX DELLUSDC	+0.0461%	4h	576.01	+0.001%	$5K	$335K	10x	as long as short
Variational Omni DELL	+0.0527%	8h	576.01	+0.002%	$263K	$87K	—	as long as short
OKX DELL-USDT-SWAP	+0.0580%	8h	575.96	−0.007%	$5.8M	$6.6M	20x	as long as short
Extended DELL-USD	+0.0640%	1h	575.92	−0.014%	$339K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0640%	8h	576.38	+0.066%	$18.7M	$65.1M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0665%	8h	575.86	−0.024%	$1K	$153K	10x	as long as short
Nado DELL-PERP	+0.0735%	1h	575.13	−0.152%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0789%	1h	575.51	−0.085%	$3K	$257K	10x	as long as short