Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0798%/8h= +87.3% APRpaid last 24h +0.069%

Price spread now: Nado against Gate−0.023%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DELL_USDT	576.53	0	get 0.0000% / 8h	3h 51m	$4.1M	$7.2M	50x
Short	Nado DELL-PERP	576.40	0.0798	get 0.0100% / 1h	51m 58s	$69K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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 GatebpFee NadobpOrdersPrice spread, now −0.023%Rate

Funding earned: $167.49
Price spread: −0.023% → 0.000%: −$2.31
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $143.18
Costs to cover: 0.220%
Break-even: 1.0 days

Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago	1.65 bp	15.0 bp −$15	34.1 bp −$341	73.0 bp −$7,296	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
Aster DELLUSDT	0.0000%	8h	576.16	−0.064%	$21K	$50K	20x	as long as short
Gate DELL_USDTlong	0.0000%	8h	576.53	long leg	$4.1M	$7.2M	50x
Bitget DELLUSDT	0.0000%	8h	576.55	+0.003%	$3.6M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	576.93	+0.069%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.843%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	576.07	−0.080%	$7.6M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	576.72	+0.033%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	576.20	−0.057%	$943K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	577.21	+0.118%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	576.39	−0.024%	$18K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX DELLUSDC	+0.0156%	4h	577.00	+0.081%	$5K	$333K	10x	as long as short
Bybit DELLUSDT	+0.0202%	8h	576.49	−0.007%	$6.2M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAP	+0.0418%	8h	576.64	+0.019%	$5.9M	$6.6M	20x	as long as short
Variational Omni DELL	+0.0609%	8h	577.00	+0.081%	$263K	$87K	—	as long as short
GRVT DELL_USDT_Perp	+0.0647%	8h	577.29	+0.132%	$808	$152K	10x	as long as short
Binance DELLUSDT	+0.0703%	8h	576.56	+0.005%	$18.6M	$65.9M	20x	as long as short
Extended DELL-USD	+0.0704%	1h	576.39	−0.025%	$334K	$1.2M	10x	as long as short
BloFin DELL-USDT	+0.0723%	8h	577.16	+0.109%	$323K	$220K	20x	as long as short
Nado DELL-PERPshort	+0.0798%	1h	576.40	−0.023%	$69K	$18K	10x
Phoenix DELL	+0.1040%	1h	577.09	+0.097%	$3K	$260K	10x	as long as short