Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.101%

Price spread now: edgeX against Injective−0.525%7-day average — · you buy dearer than you sell

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

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

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

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

Funding pays, the price is against you. edgeX is 0.525% cheaper against Injective than usual: you would sell low and buy high (spread −0.525% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$52 on $10k: about 9.4 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective DELL/USDC PERP	571.67	0.0033	pay 0.0004% / 1h	21m 02s	$8K	$83K	12x
Short	edgeX DELLUSDC	568.67	0.0220	get 0.0110% / 4h	3h 21m	$5K	$334K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee InjectivebpFee edgeXbpOrdersPrice spread, now −0.525%Rate

Funding earned: $39.21
Price spread: −0.525% → 0.000%: −$52.47
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$22.28
Costs to cover: 0.090%
Break-even: 11.0 days

Slippage unknown: Injective: no order-book sample; edgeX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell edgeX live order book, 12 min ago	1.49 bp	6.4 bp −$6	90.9 bp −$909	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT DELL_USDT_Perp	−0.0057%	8h	568.66	−0.526%	$933	$140K	10x	as long as short
Aster DELLUSDT	0.0000%	8h	569.19	−0.434%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	569.28	−0.418%	$6.1M	$4.0M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	569.41	−0.395%	$3.9M	$6.8M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	569.93	−0.304%	$3.7M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	569.35	−0.406%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERPlong	+0.0033%	1h	571.67	long leg	$8K	$83K	12x
tradeXYZ xyz:DELL	+0.0050%	1h	568.82	−0.499%	$7.5M	$6.8M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	568.23	−0.602%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0061%	8h	570.00	−0.292%	$5.8M	$6.8M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin DELLUSDTM	+0.0100%	8h	568.62	−0.534%	$931K	$84K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	569.82	−0.324%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	570.07	−0.280%	$17K	$58K	10x	as long as short
Variational Omni DELL	+0.0157%	8h	568.61	−0.535%	$257K	$61K	—	as long as short
BloFin DELL-USDT	+0.0187%	8h	569.72	−0.341%	$326K	$233K	20x	as long as short
Binance DELLUSDT	+0.0206%	8h	569.84	−0.320%	$18.2M	$66.5M	20x	as long as short
Extended DELL-USD	+0.0208%	1h	569.48	−0.383%	$329K	$2.6M	10x	as long as short
edgeX DELLUSDCshort	+0.0220%	4h	568.67	−0.525%	$5K	$334K	10x
Nado DELL-PERP	+0.0500%	1h	568.45	−0.563%	$68K	$20K	10x	as long as short
Phoenix DELL	+0.0810%	1h	568.58	−0.541%	$3K	$228K	10x	as long as short