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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0208%/8h= +22.7% APRpaid last 24h +0.042%
Price spread now: edgeX against KuCoin+0.067%83s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1931.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.067%, 7d avg +0.030%
Together, before fees+0.050%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 83 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 -0.003% in total (about -0.2% 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
LongKuCoin DELLUSDTM577.740.0100pay 0.0100% / 8h4h 10m$947K$29K20x
ShortedgeX DELLUSDC578.130.0308get 0.0154% / 4h10m 14s$5K$335K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$43.58
Price spread: +0.067% → +0.030%
$3.65
Slippage, 4 orders
−$171.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$145.3
Costs to cover
1.925%
Break-even
30.3 days
Slippage from KuCoin: live order book, 39 min ago; edgeX: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 39 min ago14.22 bp114.9 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 48 min ago0.78 bp5.7 bp −$693.3 bp −$933doesn't fitdoesn't fit

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%8h577.21−0.092%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h577.98+0.042%$4.1M$7.3M50xas long as short
Bitget DELLUSDT0.0000%8h578.05+0.054%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h578.51+0.133%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.051%$8K$83K12xas long as short
KuCoin DELLUSDTMlong+0.0100%8h577.74long leg$947K$29K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.72+0.170%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h578.20+0.080%$17K$59K10xas long as short
Bybit DELLUSDT+0.0204%8h578.07+0.057%$6.2M$3.9M50xas long as short
tradeXYZ xyz:DELL+0.0215%1h577.50−0.042%$7.6M$7.0M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX DELLUSDCshort+0.0308%4h578.13+0.067%$5K$335K10x
Polymarket Perps DELL-USD+0.0395%1h577.94+0.035%$7K$54K10xas long as short
OKX DELL-USDT-SWAP+0.0449%8h578.02+0.048%$5.9M$6.7M20xas long as short
Variational Omni DELL+0.0601%8h578.07+0.058%$263K$87Kas long as short
GRVT DELL_USDT_Perp+0.0625%8h578.32+0.100%$2K$152K10xas long as short
BloFin DELL-USDT+0.0669%8h578.30+0.097%$323K$221K20xas long as short
Phoenix DELL+0.0679%1h577.83+0.016%$3K$258K10xas long as short
Binance DELLUSDT+0.0701%8h578.24+0.086%$18.6M$65.9M20xas long as short
Extended DELL-USD+0.0704%1h578.09+0.061%$334K$1.2M10xas long as short
Nado DELL-PERP+0.0907%1h577.16−0.100%$69K$18K10xas long as short