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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h −0.018%
Price spread now: Extended against KuCoin+0.087%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3143.141% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.087%, 7d avg +0.010%
Together, before fees−0.251%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.077% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.201%, 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 -0.201% in total (about -10.5% 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 DELLUSDTM575.330.0100pay 0.0100% / 8h6h 33m$943K$30K20x
ShortExtended DELL-USD575.830.0616get 0.0077% / 1h33m 59s$335K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$108.36
Price spread: +0.087% → +0.010%
$7.71
Slippage, 4 orders
−$297.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$198.04
Costs to cover
3.141%
Break-even
19.8 days
Slippage from KuCoin: live order book, 25 min ago; Extended: live order book, 4 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, 25 min ago23.99 bp190.3 bp −$190doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago2.52 bp16.6 bp −$17100.5 bp −$1,005doesn't fitdoesn't fit

DELL on 19 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%8h575.25−0.014%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h575.63+0.052%$4.1M$7.5M50xas long as short
Bitget DELLUSDT0.0000%8h575.85+0.090%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h576.04+0.123%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.636%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h574.76−0.099%$7.5M$7.0M10xas long as short
Bybit DELLUSDT+0.0058%8h575.69+0.063%$6.1M$3.9M50xas long as short
Polymarket Perps DELL-USD+0.0095%1h575.49+0.028%$7K$54K10xas long as short
KuCoin DELLUSDTMlong+0.0100%8h575.33long leg$943K$30K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.53+0.209%$3K$33610xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h576.33+0.174%$18K$58K10xas long as short
Variational Omni DELL+0.0503%8h575.89+0.097%$263K$87Kas long as short
edgeX DELLUSDC+0.0615%4h576.14+0.141%$5K$333K10xas long as short
Extended DELL-USDshort+0.0616%1h575.83+0.087%$335K$1.2M10x
Binance DELLUSDT+0.0620%8h576.00+0.116%$18.7M$65.2M20xas long as short
OKX DELL-USDT-SWAP+0.0643%8h575.92+0.103%$5.9M$6.4M20xas long as short
Nado DELL-PERP+0.0738%1h575.15−0.031%$69K$18K10xas long as short
GRVT DELL_USDT_Perp+0.0785%8h576.12+0.138%$634$154K10xas long as short
Phoenix DELL+0.0789%1h575.96+0.110%$3K$258K10xas long as short