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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.012%
Price spread now: Gate against KuCoin+0.052%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3803.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.052%, 7d avg +0.026%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DELLUSDTM573.560.0100pay 0.0100% / 8h3h 14m$940K$29K20x
ShortGate DELL_USDT573.860get 0.0000% / 8h3h 14m$4.1M$7.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: +0.052% → +0.026%
$2.65
Slippage, 4 orders
−$352.84
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$398.19
Costs to cover
3.798%
Break-even
never at this rate
Slippage from KuCoin: live order book, 30 min ago; Gate: 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, 30 min ago16.00 bp213.6 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.44 bp14.3 bp −$1437.4 bp −$37475.2 bp −$7,522doesn'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%8h573.44−0.021%$20K$50K20xas long as short
Gate DELL_USDTshort0.0000%8h573.86+0.052%$4.1M$7.3M50x
Bitget DELLUSDT0.0000%8h573.90+0.059%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h574.08+0.091%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.330%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h573.48−0.014%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h573.78+0.038%$7K$54K10xas long as short
KuCoin DELLUSDTMlong+0.0100%8h573.56long leg$940K$29K20x
Orderly PERP_DELL_USDC_mythos+0.0100%8h574.41+0.148%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h574.37+0.141%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0160%8h573.88+0.056%$6.1M$3.9M50xas long as short
OKX DELL-USDT-SWAP+0.0356%8h574.08+0.091%$5.8M$6.6M20xas long as short
GRVT DELL_USDT_Perp+0.0574%8h573.79+0.040%$821$152K10xas long as short
Variational Omni DELL+0.0577%8h574.06+0.088%$262K$62Kas long as short
edgeX DELLUSDC+0.0623%4h573.90+0.059%$5K$335K10xas long as short
Binance DELLUSDT+0.0671%8h574.05+0.085%$18.5M$66.1M20xas long as short
Extended DELL-USD+0.0672%1h573.93+0.065%$333K$1.2M10xas long as short
BloFin DELL-USDT+0.0683%8h574.51+0.166%$322K$220K20xas long as short
Nado DELL-PERP+0.0786%1h573.24−0.056%$69K$20K10xas long as short
Phoenix DELL+0.1040%1h573.61+0.009%$3K$260K10xas long as short