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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly−0.079%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 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.079% cheaper against Orderly than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_DELL_USDC_mythos571.880.0100pay 0.0100% / 8h2h 24m$3K$33610x
ShortLighter DELL571.430.0032get 0.0004% / 1h24m 19s$33K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$14.28
Price spread: −0.079% → 0.000%
−$7.87
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$28.15
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: 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 Orderly no order-book sample
Sell Lighter no order-book sample
Orderly and 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%8h571.03−0.148%$20K$50K20xas long as short
Gate DELL_USDT0.0000%8h571.85−0.005%$4.1M$7.2M50xas long as short
Bitget DELLUSDT0.0000%8h572.40+0.091%$3.6M$4.7M20xas long as short
Lighter DELLshort+0.0032%1h571.43−0.079%$33K$13K10x
Injective DELL/USDC PERP+0.0033%1h571.67−0.037%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h571.37−0.089%$7.5M$7.0M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h571.46−0.073%$7K$54K10xas long as short
Bybit DELLUSDT+0.0070%8h571.29−0.103%$6.1M$4.0M50xas long as short
KuCoin DELLUSDTM+0.0100%8h570.81−0.187%$936K$28K20xas long as short
Orderly PERP_DELL_USDC_mythoslong+0.0100%8h571.88long leg$3K$33610x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX DELL-USDT+0.0100%8h570.17−0.299%$17K$59K10xas long as short
OKX DELL-USDT-SWAP+0.0266%8h571.85−0.005%$5.8M$6.7M20xas long as short
GRVT DELL_USDT_Perp+0.0474%8h571.75−0.022%$972$151K10xas long as short
Variational Omni DELL+0.0481%8h571.34−0.095%$257K$64Kas long as short
Binance DELLUSDT+0.0572%8h571.87−0.001%$18.4M$66.7M20xas long as short
Extended DELL-USD+0.0576%1h571.75−0.023%$335K$1.1M10xas long as short
BloFin DELL-USDT+0.0600%8h571.91+0.005%$322K$231K20xas long as short
edgeX DELLUSDC+0.0649%4h570.83−0.183%$5K$332K10xas long as short
Phoenix DELL+0.0685%1h571.76−0.021%$3K$260K10xas long as short
Nado DELL-PERP+0.0714%1h570.60−0.224%$68K$20K10xas long as short