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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0669%/8h= +73.2% APRpaid last 24h +0.025%
Price spread now: Binance against Injective+0.705%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.300%−$30 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Binance is 0.705% dearer against Injective than usual: you sell high and buy low: +$70 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.300%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.300% in total (about -15.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective DELL/USDC PERP571.670.0033pay 0.0004% / 1h44m 58s$8K$83K12x
ShortBinance DELLUSDT575.700.0702get 0.0702% / 8h3h 44m$18.5M$65.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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
$140.47
Price spread: +0.705% → 0.000%
$70.5
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
$200.95
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Binance live order book, 12 min ago0.09 bp8.3 bp −$823.3 bp −$23388.5 bp −$8,848doesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h574.87+0.559%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h575.60+0.687%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h575.58+0.684%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h575.80+0.722%$34K$13K10xas long as short
Injective DELL/USDC PERPlong+0.0033%1h571.67long leg$8K$83K12x
tradeXYZ xyz:DELL+0.0050%1h575.27+0.630%$7.6M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h575.42+0.656%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.16+0.610%$942K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.17+0.787%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h576.02+0.761%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0199%8h575.60+0.687%$6.1M$3.9M50xas long as short
OKX DELL-USDT-SWAP+0.0407%8h575.82+0.726%$5.9M$6.6M20xas long as short
Variational Omni DELL+0.0607%8h576.02+0.761%$262K$64Kas long as short
GRVT DELL_USDT_Perp+0.0615%8h575.82+0.726%$806$152K10xas long as short
BloFin DELL-USDT+0.0674%8h575.92+0.743%$322K$220K20xas long as short
Binance DELLUSDTshort+0.0702%8h575.70+0.705%$18.5M$65.9M20x
Extended DELL-USD+0.0704%1h575.53+0.675%$334K$1.2M10xas long as short
Nado DELL-PERP+0.0802%1h575.20+0.618%$69K$18K10xas long as short
edgeX DELLUSDC+0.0828%4h575.93+0.745%$5K$335K10xas long as short
Phoenix DELL+0.1040%1h575.64+0.694%$3K$260K10xas long as short