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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.148%
Price spread now: edgeX against Lighter−0.062%109s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.062% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter DELL580.850.0144pay 0.0018% / 1h47m 52s$34K$12K10x
ShortedgeX DELLUSDC580.490.0078get 0.0039% / 4h3h 47m$5K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Lighter. 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
−$13.83
Price spread: −0.062% → 0.000%
−$6.16
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$28.98
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 25 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 Lighter no order-book sample
Sell edgeX live order book, 25 min ago4.41 bp13.1 bp −$1392.6 bp −$926doesn't fitdoesn't fit
Lighter: 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%8h579.28−0.270%$21K$50K20xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.580%$8K$83K12xas long as short
edgeX DELLUSDCshort+0.0078%4h580.49−0.062%$5K$333K10x
KuCoin DELLUSDTM+0.0100%8h579.48−0.236%$950K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h581.04+0.033%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h580.850.000%$18K$58K10xas long as short
Lighter DELLlong+0.0144%1h580.85long leg$34K$12K10x
Bitget DELLUSDT+0.0190%8h580.34−0.088%$3.6M$4.7M20xas long as short
Variational Omni DELL+0.0301%8h580.40−0.077%$262K$81Kas long as short
BloFin DELL-USDT+0.0413%8h580.46−0.067%$319K$223K20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DELLUSDT+0.0437%8h580.850.000%$18.8M$66.0M20xas long as short
Extended DELL-USD+0.0440%1h580.59−0.045%$335K$1.3M10xas long as short
tradeXYZ xyz:DELL+0.0528%1h580.18−0.115%$7.5M$7.0M10xas long as short
OKX DELL-USDT-SWAP+0.0636%8h580.76−0.015%$5.9M$6.5M20xas long as short
Bybit DELLUSDT+0.0733%8h580.51−0.059%$6.2M$3.9M50xas long as short
Gate DELL_USDT+0.0767%8h580.31−0.093%$4.2M$7.5M50xas long as short
Phoenix DELL+0.0790%1h579.81−0.179%$3K$280K10xas long as short
Nado DELL-PERP+0.0875%1h578.68−0.373%$69K$13K10xas long as short
Polymarket Perps DELL-USD+0.1061%1h580.40−0.077%$9K$53K10xas long as short
GRVT DELL_USDT_Perp+0.1754%8h580.55−0.052%$1K$167K10xas long as short