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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0419%/8h= +45.9% APRpaid last 24h +0.049%
Price spread now: OKX against Injective+0.983%98s7-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−0.166%−$17 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 +$13 a day on $10k at the current rate, and OKX is 0.983% dearer against Injective than usual: you sell high and buy low: +$98 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 −0.166%, so the current rate has only just turned in your favour. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.6% 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% / 1h1m 44s$8K$83K12x
ShortOKX DELL-USDT-SWAP577.290.0452get 0.0452% / 8h5h 01m$5.8M$6.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$88.01
Price spread: +0.983% → 0.000%
$98.31
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$176.3
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago1.30 bp8.1 bp −$844.2 bp −$442doesn't fitdoesn'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%8h577.24+0.975%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h577.47+1.015%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h577.42+1.006%$3.6M$4.6M20xas long as short
Bybit DELLUSDT+0.0002%8h577.46+1.013%$6.1M$3.9M50xas long as short
Lighter DELL+0.0032%1h577.89+1.088%$34K$13K10xas long as short
Injective DELL/USDC PERPlong+0.0033%1h571.67long leg$8K$83K12x
tradeXYZ xyz:DELL+0.0050%1h577.01+0.934%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h577.26+0.978%$7K$54K10xas long as short
KuCoin DELLUSDTM+0.0100%8h577.12+0.953%$946K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.04+1.114%$3K$33610xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h577.57+1.032%$17K$58K10xas long as short
OKX DELL-USDT-SWAPshort+0.0452%8h577.29+0.983%$5.8M$6.6M20x
GRVT DELL_USDT_Perp+0.0480%8h577.96+1.100%$902$151K10xas long as short
edgeX DELLUSDC+0.0499%4h577.81+1.075%$5K$334K10xas long as short
Variational Omni DELL+0.0513%8h577.78+1.069%$264K$86Kas long as short
Extended DELL-USD+0.0608%1h577.47+1.015%$335K$1.2M10xas long as short
Binance DELLUSDT+0.0609%8h577.65+1.045%$18.7M$65.0M20xas long as short
BloFin DELL-USDT+0.0632%8h577.50+1.020%$275K$220K20xas long as short
Nado DELL-PERP+0.0673%1h577.18+0.965%$69K$18K10xas long as short
Phoenix DELL+0.0723%1h577.65+1.046%$3K$258K10xas long as short