Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: Orderly against Injective+0.401%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.401% dearer against Injective than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).

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	15m 03s	$8K	$83K	12x
Short	Orderly PERP_DELL_USDC_mythos	573.96	0.0100	get 0.0100% / 8h	1h 15m	$3K	$336	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.401%Rate

Funding earned: $14
Price spread: +0.401% → 0.000%: $40.06
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Orderly: 3 bp × 2 orders: −$6
Net: $48.04
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Injective and Orderly: 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	573.05	+0.241%	$20K	$49K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.48	+0.317%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.38	+0.299%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.77	+0.367%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERPlong	+0.0033%	1h	571.67	long leg	$8K	$83K	12x
KuCoin DELLUSDTM	+0.0100%	8h	573.03	+0.238%	$939K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythosshort	+0.0100%	8h	573.96	+0.401%	$3K	$336	10x
HTX DELL-USDT	+0.0100%	8h	573.81	+0.374%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0113%	8h	573.32	+0.289%	$6.1M	$4.0M	50x	as long as short
tradeXYZ xyz:DELL	+0.0116%	1h	573.06	+0.243%	$7.5M	$6.9M	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0216%	1h	573.24	+0.275%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0263%	8h	573.54	+0.327%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0449%	4h	573.56	+0.331%	$5K	$335K	10x	as long as short
Variational Omni DELL	+0.0481%	8h	573.50	+0.321%	$259K	$61K	—	as long as short
BloFin DELL-USDT	+0.0566%	8h	573.55	+0.329%	$321K	$234K	20x	as long as short
Extended DELL-USD	+0.0568%	1h	573.34	+0.293%	$335K	$1.1M	10x	as long as short
GRVT DELL_USDT_Perp	+0.0568%	8h	573.75	+0.364%	$1K	$147K	10x	as long as short
Binance DELLUSDT	+0.0571%	8h	573.51	+0.322%	$18.4M	$67.0M	20x	as long as short
Phoenix DELL	+0.0863%	1h	573.86	+0.383%	$3K	$228K	10x	as long as short
Nado DELL-PERP	+0.0898%	1h	573.04	+0.239%	$69K	$20K	10x	as long as short