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−0.0057%/8h= −6.2% APRnext payment $0.57 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Orderly−0.134%50s7-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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.134% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DELL_USDC_mythos574.370.0100pay 0.0100% / 8h35m 31s$3K$33610x
ShortBybit DELLUSDT573.600.0043get 0.0043% / 8h35m 31s$6.1M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
−$11.87
Price spread: −0.134% → 0.000%
−$13.41
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$42.27
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Orderly no order-book sample
Sell Bybit live order book, 2 min ago1.83 bp13.1 bp −$1378.6 bp −$786doesn't fitdoesn't fit
Orderly: 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%8h573.03−0.233%$20K$49K20xas long as short
Gate DELL_USDT0.0000%8h573.78−0.103%$4.1M$7.0M50xas long as short
Bitget DELLUSDT0.0000%8h573.88−0.085%$3.6M$4.7M20xas long as short
Lighter DELL+0.0032%1h574.17−0.035%$34K$12K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.470%$8K$83K12xas long as short
Bybit DELLUSDTshort+0.0043%8h573.60−0.134%$6.1M$4.0M50x
KuCoin DELLUSDTM+0.0100%8h573.42−0.165%$940K$28K20xas long as short
Orderly PERP_DELL_USDC_mythoslong+0.0100%8h574.37long leg$3K$33610x
HTX DELL-USDT+0.0100%8h573.96−0.071%$18K$59K10xas long as short
tradeXYZ xyz:DELL+0.0105%1h573.38−0.172%$7.5M$6.9M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps DELL-USD+0.0148%1h573.55−0.143%$7K$55K10xas long as short
OKX DELL-USDT-SWAP+0.0199%8h573.82−0.096%$5.9M$6.8M20xas long as short
Variational Omni DELL+0.0361%8h573.79−0.101%$259K$61Kas long as short
Binance DELLUSDT+0.0461%8h573.83−0.094%$18.4M$66.8M20xas long as short
Extended DELL-USD+0.0464%1h573.79−0.101%$333K$2.6M10xas long as short
BloFin DELL-USDT+0.0482%8h574.01−0.063%$324K$234K20xas long as short
GRVT DELL_USDT_Perp+0.0493%8h574.01−0.063%$861$146K10xas long as short
Nado DELL-PERP+0.0626%1h573.54−0.145%$69K$20K10xas long as short
edgeX DELLUSDC+0.0645%4h573.87−0.088%$5K$334K10xas long as short
Phoenix DELL+0.0893%1h574.01−0.063%$3K$228K10xas long as short