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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment $1.16 per $10,000 · paid last 24h +0.050%
Price spread now: Gate against OKX−0.050%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$22 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.050%, 7d avg −0.027%
Together, before fees+0.271%+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.225%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DELL-USDT-SWAP575.810.0116pay 0.0116% / 8h3h 30m$5.9M$6.6M20x
ShortGate DELL_USDT575.520get 0.0000% / 8h3h 30m$4.6M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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
−$24.31
Price spread: −0.050% → −0.027%
−$2.31
Slippage, 4 orders
−$23.64
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.26
Costs to cover
0.486%
Break-even
never at this rate
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago1.48 bp8.5 bp −$851.4 bp −$514doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago1.83 bp15.5 bp −$1638.4 bp −$38481.1 bp −$8,111doesn'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%8h574.80−0.175%$21K$50K20xas long as short
Extended DELL-USD0.0000%1h575.80−0.001%$338K$1.1M10xas long as short
Binance DELLUSDT0.0000%8h575.85+0.007%$18.7M$64.6M20xas long as short
Bybit DELLUSDT0.0000%8h575.73−0.014%$5.9M$3.5M50xas long as short
Gate DELL_USDTshort0.0000%8h575.52−0.050%$4.6M$7.6M50x
Bitget DELLUSDT0.0000%8h575.19−0.108%$3.3M$4.6M20xas long as short
Variational Omni DELL0.0000%8h575.72−0.016%$261K$82Kas long as short
GRVT DELL_USDT_Perp0.0000%8h575.19−0.108%$846$178K10xas long as short
BloFin DELL-USDT+0.0008%8h575.92+0.019%$322K$215K20xas long as short
Lighter DELL+0.0032%1h575.68−0.023%$34K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective DELL/USDC PERP+0.0033%1h571.67−0.719%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h574.87−0.163%$7.3M$7.1M10xas long as short
KuCoin DELLUSDTM+0.0100%8h575.28−0.092%$942K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h575.97+0.028%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h576.09+0.049%$18K$58K10xas long as short
OKX DELL-USDT-SWAPlong+0.0116%8h575.81long leg$5.9M$6.6M20x
Polymarket Perps DELL-USD+0.0297%1h575.47−0.059%$1K$22K10xas long as short
edgeX DELLUSDC+0.0330%4h575.35−0.079%$5K$334K10xas long as short
Phoenix DELL+0.0611%1h574.87−0.163%$3K$280K10xas long as short
Nado DELL-PERP+0.0654%1h574.54−0.220%$70K$12K10xas long as short