Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0692%/8h= −75.8% APRpaid last 24h −0.062%

Price spread now: Binance against Nado+0.148%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Binance

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

The price spread pays, funding is against you. Binance is 0.148% dearer against Nado than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	574.91	0.0692	pay 0.0086% / 1h	19m 18s	$70K	$13K	10x
Short	Binance DELLUSDT	575.76	0	get 0.0000% / 8h	1h 19m	$18.7M	$65.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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 NadobpFee BinancebpOrdersPrice spread, now +0.148%Rate

Funding earned: −$145.31
Price spread: +0.148% → 0.000%: $14.8
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$147.51
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Binance: live order book, 8 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 Nado no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.43 bp	8.3 bp −$8	21.0 bp −$210	101.4 bp −$10.1K	doesn't fit

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	−0.0017%	8h	575.75	+0.146%	$319K	$218K	20x	as long as short
Aster DELLUSDT	0.0000%	8h	574.99	+0.013%	$21K	$50K	20x	as long as short
Extended DELL-USD	0.0000%	1h	575.65	+0.128%	$338K	$1.1M	10x	as long as short
Binance DELLUSDTshort	0.0000%	8h	575.76	+0.148%	$18.7M	$65.6M	20x
Gate DELL_USDT	0.0000%	8h	575.48	+0.099%	$4.5M	$7.8M	50x	as long as short
Variational Omni DELL	0.0000%	8h	575.68	+0.134%	$260K	$82K	—	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	575.71	+0.138%	$708	$177K	10x	as long as short
Bitget DELLUSDT	+0.0031%	8h	575.07	+0.028%	$3.3M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	575.90	+0.172%	$34K	$11K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.564%	$8K	$83K	12x	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	574.80	−0.019%	$7.4M	$7.2M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.30	+0.068%	$943K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.89	+0.170%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.86	+0.165%	$18K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0187%	8h	575.06	+0.026%	$5.9M	$3.6M	50x	as long as short
Polymarket Perps DELL-USD	+0.0274%	1h	575.50	+0.102%	$754	$23K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0423%	8h	575.37	+0.080%	$5.9M	$6.8M	20x	as long as short
Phoenix DELL	+0.0528%	1h	574.94	+0.005%	$3K	$280K	10x	as long as short
Nado DELL-PERPlong	+0.0692%	1h	574.91	long leg	$70K	$13K	10x
edgeX DELLUSDC	+0.0756%	4h	575.71	+0.139%	$5K	$333K	10x	as long as short