Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: tradeXYZ against HTX−0.162%7-day average — · you buy dearer than you sell

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

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.293%−$29 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.162% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DELL-USDT	574.44	0.0100	pay 0.0100% / 8h	3h 38m	$17K	$59K	10x
Short	tradeXYZ xyz:DELL	573.51	0.0050	get 0.0006% / 1h	38m 16s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now −0.162%Rate

Funding earned: −$10.5
Price spread: −0.162% → 0.000%: −$16.19
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$56.69
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 10 min ago	0.78 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit

HTX: 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	573.58	−0.149%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.31	−0.023%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.16	−0.049%	$3.6M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	574.59	+0.026%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.482%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0050%	1h	573.51	−0.162%	$7.5M	$7.0M	10x
Polymarket Perps DELL-USD	+0.0050%	1h	573.78	−0.115%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.70	−0.129%	$940K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.72	+0.049%	$3K	$336	10x	as long as short
HTX DELL-USDTlong	+0.0100%	8h	574.44	long leg	$17K	$59K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0187%	8h	573.76	−0.118%	$6.1M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAP	+0.0391%	8h	574.33	−0.019%	$5.8M	$6.6M	20x	as long as short
edgeX DELLUSDC	+0.0458%	4h	575.21	+0.135%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0612%	8h	575.11	+0.117%	$262K	$64K	—	as long as short
GRVT DELL_USDT_Perp	+0.0636%	8h	575.31	+0.152%	$915	$153K	10x	as long as short
BloFin DELL-USDT	+0.0687%	8h	574.74	+0.052%	$322K	$219K	20x	as long as short
Extended DELL-USD	+0.0696%	1h	573.92	−0.090%	$333K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0700%	8h	574.13	−0.054%	$18.5M	$65.9M	20x	as long as short
Nado DELL-PERP	+0.0827%	1h	573.88	−0.098%	$69K	$19K	10x	as long as short
Phoenix DELL	+0.1040%	1h	575.17	+0.127%	$3K	$260K	10x	as long as short