Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0485%/8h= −53.1% APRpaid last 24h −0.143%

Price spread now: Gate against Nado+0.078%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 Gate

What this pair did over the last

the charts below follow

Funding, last 4 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. Gate is 0.078% dearer against Nado than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	572.14	0.0485	pay 0.0061% / 1h	48m 52s	$69K	$20K	10x
Short	Gate DELL_USDT	572.59	0	get 0.0000% / 8h	7h 48m	$4.1M	$6.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.078%Rate

Funding earned: −$101.75
Price spread: +0.078% → 0.000%: $7.82
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$115.93
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	6.02 bp	18.0 bp −$18	38.0 bp −$380	72.2 bp −$7,221	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
tradeXYZ xyz:DELL	−0.0016%	1h	572.00	−0.025%	$7.5M	$6.8M	10x	as long as short
Aster DELLUSDT	0.0000%	8h	572.47	+0.057%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	572.55	+0.071%	$6.1M	$4.0M	50x	as long as short
Gate DELL_USDTshort	0.0000%	8h	572.59	+0.078%	$4.1M	$6.7M	50x
Bitget DELLUSDT	0.0000%	8h	572.46	+0.055%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	573.14	+0.175%	$1K	$145K	10x	as long as short
Lighter DELL	+0.0032%	1h	572.69	+0.096%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.083%	$8K	$83K	12x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	572.00	−0.025%	$7K	$55K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.24	+0.017%	$938K	$53K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.35	+0.211%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.06	+0.160%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0147%	8h	572.79	+0.113%	$5.9M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0187%	4h	573.04	+0.157%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0269%	8h	573.30	+0.202%	$259K	$61K	—	as long as short
BloFin DELL-USDT	+0.0350%	8h	572.43	+0.050%	$324K	$232K	20x	as long as short
Binance DELLUSDT	+0.0365%	8h	572.86	+0.126%	$18.3M	$66.1M	20x	as long as short
Extended DELL-USD	+0.0368%	1h	572.64	+0.087%	$335K	$2.6M	10x	as long as short
Nado DELL-PERPlong	+0.0485%	1h	572.14	long leg	$69K	$20K	10x
Phoenix DELL	+0.0810%	1h	572.52	+0.066%	$3K	$228K	10x	as long as short