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+0.0081%/8h= +8.9% APRnext payment +$0.81 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against Gate+0.002%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.224%−$22 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.002%, 7d avg −0.004%
Together, before fees−0.225%−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, 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 cost −0.224%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DELL_USDT576.210get 0.0000% / 8h5h 56m$4.1M$7.2M50x
ShortBybit DELLUSDT576.220.0081get 0.0081% / 8h5h 56m$6.1M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$16.98
Price spread: +0.002% → −0.004%
$0.59
Slippage, 4 orders
−$28.29
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$36.72
Costs to cover
0.543%
Break-even
22.1 days
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago2.95 bp12.3 bp −$1239.7 bp −$39775.4 bp −$7,538doesn't fit
Sell Bybit live order book, 2 min ago2.08 bp13.5 bp −$1397.9 bp −$979doesn't fitdoesn'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%8h575.71−0.087%$21K$50K20xas long as short
Gate DELL_USDTlong0.0000%8h576.21long leg$4.1M$7.2M50x
Bitget DELLUSDT0.0000%8h576.30+0.016%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h576.62+0.071%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.788%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.69−0.090%$7.5M$7.1M10xas long as short
Bybit DELLUSDTshort+0.0081%8h576.22+0.002%$6.1M$3.9M50x
KuCoin DELLUSDTM+0.0100%8h575.73−0.083%$943K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h577.03+0.142%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h576.93+0.125%$17K$58K10xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0264%1h576.23+0.003%$7K$54K10xas long as short
edgeX DELLUSDC+0.0461%4h576.01−0.035%$5K$335K10xas long as short
Variational Omni DELL+0.0527%8h576.01−0.035%$263K$87Kas long as short
OKX DELL-USDT-SWAP+0.0575%8h576.07−0.024%$5.8M$6.6M20xas long as short
Binance DELLUSDT+0.0647%8h576.52+0.054%$18.7M$65.1M20xas long as short
Extended DELL-USD+0.0648%1h576.35+0.025%$339K$1.2M10xas long as short
GRVT DELL_USDT_Perp+0.0661%8h575.87−0.059%$1K$152K10xas long as short
Phoenix DELL+0.0789%1h575.51−0.121%$3K$257K10xas long as short
Nado DELL-PERP+0.0866%1h575.55−0.114%$69K$18K10xas long as short