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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0355%/8h= −38.8% APRpaid last 24h −0.019%
Price spread now: Polymarket Perps against OKX−0.059%7-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 7 days+0.154%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Polymarket Perps is 0.059% cheaper against OKX 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. Mind the row above: over the last 7 days funding on this pair paid +0.154%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% 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
LongOKX DELL-USDT-SWAP575.820.0405pay 0.0405% / 8h3h 44m$5.9M$6.6M20x
ShortPolymarket Perps DELL-USD575.480.0050get 0.0006% / 1h44m 20s$7K$54K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$74.46
Price spread: −0.059% → 0.000%
−$5.9
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$98.36
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Polymarket Perps: no order-book sample. 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 OKX live order book, 4 min ago0.09 bp9.4 bp −$958.9 bp −$589doesn't fitdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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%8h574.89−0.161%$21K$50K20xas long as short
Gate DELL_USDT0.0000%8h575.53−0.050%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h575.53−0.050%$3.6M$4.6M20xas long as short
Lighter DELL+0.0032%1h575.86+0.007%$34K$13K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.721%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h575.23−0.102%$7.6M$7.0M10xas long as short
Polymarket Perps DELL-USDshort+0.0050%1h575.48−0.059%$7K$54K10x
KuCoin DELLUSDTM+0.0100%8h575.09−0.127%$942K$29K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h576.30+0.083%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h575.78−0.007%$17K$59K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DELLUSDT+0.0199%8h575.46−0.063%$6.1M$3.9M50xas long as short
OKX DELL-USDT-SWAPlong+0.0405%8h575.82long leg$5.9M$6.6M20x
Variational Omni DELL+0.0607%8h576.02+0.035%$262K$64Kas long as short
GRVT DELL_USDT_Perp+0.0615%8h575.820.000%$806$152K10xas long as short
BloFin DELL-USDT+0.0674%8h575.92+0.017%$322K$220K20xas long as short
Binance DELLUSDT+0.0702%8h575.79−0.005%$18.5M$65.9M20xas long as short
Extended DELL-USD+0.0704%1h575.63−0.033%$334K$1.2M10xas long as short
Nado DELL-PERP+0.0812%1h574.70−0.195%$69K$18K10xas long as short
edgeX DELLUSDC+0.0828%4h575.93+0.019%$5K$335K10xas long as short
Phoenix DELL+0.1040%1h575.64−0.031%$3K$260K10xas long as short