Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0649%/8h= −71.1% APRpaid last 24h −0.070%

Price spread now: HTX against Nado+0.226%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 HTX

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. HTX is 0.226% dearer against Nado than usual: you sell high and buy low (spread +0.226% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	577.45	0.0749	pay 0.0094% / 1h	38m 30s	$69K	$18K	10x
Short	HTX DELL-USDT	578.75	0.0100	get 0.0100% / 8h	4h 38m	$17K	$58K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.226%Rate

Funding earned: −$136.35
Price spread: +0.226% → 0.000%: $22.56
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$132.79
Costs to cover: 0.190%
Break-even: from the start

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

Nado and HTX: 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	577.20	−0.043%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	578.21	+0.132%	$4.1M	$7.3M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	578.18	+0.127%	$3.6M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	578.55	+0.191%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−1.000%	$8K	$83K	12x	as long as short
Bybit DELLUSDT	+0.0051%	8h	578.08	+0.110%	$6.2M	$3.9M	50x	as long as short
tradeXYZ xyz:DELL	+0.0057%	1h	577.50	+0.009%	$7.6M	$7.0M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.65	+0.035%	$947K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	579.06	+0.279%	$3K	$336	10x	as long as short
HTX DELL-USDTshort	+0.0100%	8h	578.75	+0.226%	$17K	$58K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0187%	1h	578.05	+0.104%	$7K	$54K	10x	as long as short
edgeX DELLUSDC	+0.0198%	4h	578.80	+0.235%	$5K	$333K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0439%	8h	578.23	+0.136%	$5.9M	$6.7M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0476%	8h	578.61	+0.202%	$654	$151K	10x	as long as short
Variational Omni DELL	+0.0514%	8h	578.78	+0.231%	$264K	$86K	—	as long as short
Extended DELL-USD	+0.0616%	1h	578.16	+0.124%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0624%	8h	578.43	+0.170%	$19.0M	$65.8M	20x	as long as short
BloFin DELL-USDT	+0.0639%	8h	578.53	+0.188%	$321K	$221K	20x	as long as short
Phoenix DELL	+0.0679%	1h	578.45	+0.174%	$3K	$258K	10x	as long as short
Nado DELL-PERPlong	+0.0749%	1h	577.45	long leg	$69K	$18K	10x