DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: tradeXYZ against Lighter−0.154%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on tradeXYZ

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—+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.154% cheaper against Lighter than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 29 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	576.58	0.0032	pay 0.0004% / 1h	14m 22s	$34K	$12K	10x
Short	tradeXYZ xyz:DELL	575.69	0.0050	get 0.0006% / 1h	14m 22s	$7.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now −0.154%Rate

Funding earned: $3.78
Price spread: −0.154% → 0.000%: −$15.44
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$29.66
Costs to cover: 0.180%
Break-even: 61.9 days

Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 4 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 4 min ago	0.69 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn'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 19 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	576.33	−0.044%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	576.12	−0.080%	$4.1M	$7.5M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	576.17	−0.071%	$3.6M	$4.6M	20x	as long as short
Lighter DELLlong	+0.0032%	1h	576.58	long leg	$34K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.852%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLshort	+0.0050%	1h	575.69	−0.154%	$7.5M	$7.0M	10x
Bybit DELLUSDT	+0.0070%	8h	576.11	−0.082%	$6.1M	$3.9M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.94	−0.111%	$944K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.99	+0.071%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	576.45	−0.023%	$18K	$58K	10x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0178%	1h	575.90	−0.118%	$7K	$55K	10x	as long as short
Variational Omni DELL	+0.0521%	8h	576.33	−0.044%	$263K	$87K	—	as long as short
OKX DELL-USDT-SWAP	+0.0620%	8h	576.00	−0.101%	$5.9M	$6.5M	20x	as long as short
Extended DELL-USD	+0.0632%	1h	576.21	−0.064%	$339K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0634%	8h	576.44	−0.024%	$18.7M	$65.2M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0746%	8h	576.56	−0.003%	$1K	$153K	10x	as long as short
edgeX DELLUSDC	+0.0759%	4h	576.50	−0.014%	$5K	$334K	10x	as long as short
Nado DELL-PERP	+0.0772%	1h	575.94	−0.111%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0789%	1h	576.06	−0.090%	$3K	$258K	10x	as long as short