DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0665%/8h= +72.8% APRnext payment +$0.83 per $10,000 · paid last 24h +0.061%

Price spread now: Nado against Lighter−0.225%7-day average — · you buy dearer than you sell

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

Long on Lighter 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 airdropLighter: Season 3 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.225% cheaper against Lighter than usual: you would sell low and buy high (spread −0.225% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 27 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	578.46	0.0032	pay 0.0004% / 1h	20m 08s	$34K	$12K	10x
Short	Nado DELL-PERP	577.16	0.0697	get 0.0087% / 1h	20m 08s	$70K	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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 LighterbpFee NadobpOrdersPrice spread, now −0.225%Rate

Funding earned: $139.56
Price spread: −0.225% → 0.000%: −$22.5
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $110.05
Costs to cover: 0.070%
Break-even: 1.5 days

Slippage unknown: Lighter: no order-book sample; 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 Lighter no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Lighter and 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	578.01	−0.078%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	577.79	−0.116%	$4.4M	$7.9M	50x	as long as short
Lighter DELLlong	+0.0032%	1h	578.46	long leg	$34K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−1.174%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	577.33	−0.195%	$7.4M	$7.3M	10x	as long as short
Bitget DELLUSDT	+0.0075%	8h	577.85	−0.105%	$3.4M	$4.7M	20x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.59	−0.150%	$946K	$33K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	578.70	+0.041%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	578.34	−0.021%	$18K	$58K	10x	as long as short
Variational Omni DELL	+0.0121%	8h	578.14	−0.055%	$261K	$81K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0186%	8h	577.80	−0.114%	$5.9M	$3.7M	50x	as long as short
GRVT DELL_USDT_Perp	+0.0221%	8h	578.32	−0.023%	$706	$172K	10x	as long as short
Binance DELLUSDT	+0.0239%	8h	578.24	−0.038%	$18.8M	$66.3M	20x	as long as short
Extended DELL-USD	+0.0240%	1h	578.13	−0.057%	$339K	$1.1M	10x	as long as short
edgeX DELLUSDC	+0.0250%	4h	578.19	−0.047%	$5K	$333K	10x	as long as short
BloFin DELL-USDT	+0.0255%	8h	578.29	−0.029%	$320K	$218K	20x	as long as short
Polymarket Perps DELL-USD	+0.0336%	1h	577.93	−0.092%	$757	$23K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0559%	8h	578.03	−0.074%	$5.9M	$6.7M	20x	as long as short
Phoenix DELL	+0.0570%	1h	577.45	−0.175%	$3K	$280K	10x	as long as short
Nado DELL-PERPshort	+0.0697%	1h	577.16	−0.225%	$70K	$13K	10x