Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h −0.017%

Price spread now: Variational Omni against Polymarket Perps−0.024%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.024% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps DELL-USD	573.25	0.0191	pay 0.0024% / 1h	29m 06s	$7K	$54K	10x
Short	Variational Omni DELL	573.11	0.0499	get 0.0499% / 8h	1h 29m	$259K	$61K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −0.024%Rate

Funding earned: $64.71
Price spread: −0.024% → 0.000%: −$2.36
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $54.35
Costs to cover: 0.080%
Break-even: 1.1 days

Slippage unknown: Polymarket Perps: no order-book sample; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 15 min ago	2.50 bp	doesn't fit	36.8 bp −$368	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DELLUSDT	0.0000%	8h	572.98	−0.046%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.43	+0.031%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.45	+0.035%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.70	+0.078%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.276%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0085%	1h	573.05	−0.035%	$7.5M	$7.0M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.07	−0.031%	$938K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.01	+0.133%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.08	+0.145%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0130%	8h	573.32	+0.012%	$6.1M	$4.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USDlong	+0.0191%	1h	573.25	long leg	$7K	$54K	10x
OKX DELL-USDT-SWAP	+0.0271%	8h	573.94	+0.120%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0356%	4h	573.09	−0.028%	$5K	$335K	10x	as long as short
Variational Omni DELLshort	+0.0499%	8h	573.11	−0.024%	$259K	$61K	—
GRVT DELL_USDT_Perp	+0.0560%	8h	573.12	−0.023%	$630	$147K	10x	as long as short
BloFin DELL-USDT	+0.0565%	8h	574.03	+0.136%	$323K	$234K	20x	as long as short
Extended DELL-USD	+0.0584%	1h	573.51	+0.046%	$337K	$1.1M	10x	as long as short
Binance DELLUSDT	+0.0586%	8h	573.65	+0.070%	$18.4M	$67.0M	20x	as long as short
Phoenix DELL	+0.0863%	1h	572.96	−0.051%	$3K	$228K	10x	as long as short
Nado DELL-PERP	+0.0880%	1h	572.77	−0.084%	$69K	$20K	10x	as long as short