Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0602%/8h= +65.9% APRpaid last 24h +0.053%

Price spread now: Nado against Bybit−0.151%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Nado is 0.151% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 20 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DELLUSDT	575.74	0.0169	pay 0.0169% / 8h	2h 04m	$5.9M	$3.6M	50x
Short	Nado DELL-PERP	574.87	0.0770	get 0.0096% / 1h	4m 55s	$70K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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 BybitbpFee NadobpOrdersPrice spread, now −0.151%Rate

Funding earned: $126.34
Price spread: −0.151% → 0.000%: −$15.13
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $93.21
Costs to cover: 0.180%
Break-even: 1.8 days

Slippage unknown: Bybit: live order book, 3 min ago; Nado: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	1.13 bp	13.2 bp −$13	74.3 bp −$743	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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
BloFin DELL-USDT	−0.0001%	8h	575.89	+0.026%	$319K	$219K	20x	as long as short
Aster DELLUSDT	0.0000%	8h	575.54	−0.034%	$21K	$50K	20x	as long as short
Extended DELL-USD	0.0000%	1h	575.85	+0.019%	$338K	$1.1M	10x	as long as short
Binance DELLUSDT	0.0000%	8h	575.91	+0.029%	$18.8M	$65.6M	20x	as long as short
Gate DELL_USDT	0.0000%	8h	575.71	−0.005%	$4.5M	$7.8M	50x	as long as short
Variational Omni DELL	0.0000%	8h	575.87	+0.022%	$261K	$82K	—	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	575.94	+0.036%	$1K	$183K	10x	as long as short
Lighter DELL	+0.0032%	1h	576.11	+0.064%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.707%	$8K	$83K	12x	as long as short
Bitget DELLUSDT	+0.0042%	8h	575.41	−0.057%	$3.3M	$4.7M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:DELL	+0.0050%	1h	574.90	−0.146%	$7.3M	$7.3M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.53	−0.036%	$942K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.41	+0.116%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.90	+0.028%	$18K	$58K	10x	as long as short
Bybit DELLUSDTlong	+0.0169%	8h	575.74	long leg	$5.9M	$3.6M	50x
OKX DELL-USDT-SWAP	+0.0324%	8h	575.88	+0.024%	$5.9M	$6.8M	20x	as long as short
Polymarket Perps DELL-USD	+0.0400%	1h	575.66	−0.014%	$754	$23K	10x	as long as short
Phoenix DELL	+0.0626%	1h	575.27	−0.082%	$3K	$280K	10x	as long as short
Nado DELL-PERPshort	+0.0770%	1h	574.87	−0.151%	$70K	$13K	10x
edgeX DELLUSDC	+0.0792%	4h	576.00	+0.045%	$5K	$333K	10x	as long as short