Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%

Price spread now: Bitget against tradeXYZ+0.108%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$670.666% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 7 days−0.198%−$20 · spread now +0.108%, 7d avg +0.022%

Together, before fees−0.254%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.086% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.022%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:DELL	575.31	0.0050	pay 0.0006% / 1h	37m 43s	$7.5M	$7.0M	10x
Short	Bitget DELLUSDT	575.93	0	get 0.0000% / 8h	6h 37m	$3.6M	$4.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$10.5
Price spread: +0.108% → +0.022%: $8.57
Slippage, 4 orders: −$36.61
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$68.54
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; Bitget: live order book, 5 min ago.

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 tradeXYZ live order book, 10 min ago	1.13 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.69 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit

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	575.96	+0.113%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	575.76	+0.078%	$4.1M	$7.4M	50x	as long as short
Bitget DELLUSDTshort	0.0000%	8h	575.93	+0.108%	$3.6M	$4.7M	20x
Bybit DELLUSDT	+0.0032%	8h	575.32	+0.002%	$6.1M	$3.9M	50x	as long as short
Lighter DELL	+0.0032%	1h	576.00	+0.120%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.633%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELLlong	+0.0050%	1h	575.31	long leg	$7.5M	$7.0M	10x
Polymarket Perps DELL-USD	+0.0050%	1h	575.54	+0.040%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.40	+0.016%	$943K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.32	+0.176%	$3K	$336	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	575.97	+0.115%	$18K	$58K	10x	as long as short
Variational Omni DELL	+0.0505%	8h	576.66	+0.234%	$262K	$86K	—	as long as short
BloFin DELL-USDT	+0.0602%	8h	578.05	+0.476%	$323K	$221K	20x	as long as short
Extended DELL-USD	+0.0616%	1h	575.76	+0.079%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0617%	8h	575.58	+0.047%	$18.7M	$65.2M	20x	as long as short
OKX DELL-USDT-SWAP	+0.0643%	8h	575.56	+0.043%	$5.9M	$6.4M	20x	as long as short
Nado DELL-PERP	+0.0737%	1h	575.18	−0.022%	$69K	$18K	10x	as long as short
Phoenix DELL	+0.0789%	1h	576.38	+0.186%	$3K	$258K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0818%	8h	576.79	+0.257%	$634	$154K	10x	as long as short
edgeX DELLUSDC	+0.0992%	4h	576.84	+0.266%	$5K	$332K	10x	as long as short