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

DELL

RWAall DELL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0375%/8h= −41.1% APRpaid last 24h +0.030%
Price spread now: OKX against Polymarket Perps+0.038%7-day average · you sell dearer than you buy
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−0.140%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.038% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.140% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% 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
LongPolymarket Perps DELL-USD580.900.1016pay 0.0127% / 1h47m 22s$9K$53K10x
ShortOKX DELL-USDT-SWAP581.120.0641get 0.0641% / 8h7h 47m$5.9M$6.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Polymarket Perps. 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
−$78.78
Price spread: +0.038% → 0.000%
$3.79
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$93
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; OKX: live order book, 6 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 Polymarket Perps no order-book sample
Sell OKX live order book, 6 min ago1.38 bp17.1 bp −$1776.3 bp −$763doesn't fitdoesn't fit
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%8h579.43−0.253%$21K$50K20xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−1.589%$8K$83K12xas long as short
KuCoin DELLUSDTM+0.0100%8h579.69−0.208%$950K$30K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h581.59+0.119%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h581.63+0.126%$18K$58K10xas long as short
Lighter DELL+0.0144%1h581.17+0.046%$34K$12K10xas long as short
Bitget DELLUSDT+0.0202%8h580.89−0.002%$3.6M$4.7M20xas long as short
Variational Omni DELL+0.0301%8h580.40−0.086%$262K$81Kas long as short
BloFin DELL-USDT+0.0430%8h580.70−0.034%$319K$223K20xas long as short
Extended DELL-USD+0.0440%1h581.01+0.018%$338K$1.3M10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DELLUSDT+0.0442%8h581.14+0.041%$18.8M$66.1M20xas long as short
tradeXYZ xyz:DELL+0.0519%1h580.09−0.139%$7.4M$7.0M10xas long as short
OKX DELL-USDT-SWAPshort+0.0641%8h581.12+0.038%$5.9M$6.5M20x
edgeX DELLUSDC+0.0713%4h580.37−0.091%$5K$334K10xas long as short
Bybit DELLUSDT+0.0760%8h580.71−0.033%$6.2M$3.9M50xas long as short
Phoenix DELL+0.0790%1h579.77−0.195%$3K$280K10xas long as short
Nado DELL-PERP+0.0871%1h579.77−0.195%$70K$13K10xas long as short
Gate DELL_USDT+0.0878%8h580.76−0.024%$4.2M$7.5M50xas long as short
Polymarket Perps DELL-USDlong+0.1016%1h580.90long leg$9K$53K10x
GRVT DELL_USDT_Perp+0.1857%8h580.08−0.142%$1K$167K10xas long as short