Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0802%/8h= −87.9% APRpaid last 24h −0.097%

Price spread now: KuCoin against Nado+0.028%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 KuCoin

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. KuCoin is 0.028% dearer against Nado than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	573.01	0.0902	pay 0.0113% / 1h	17m 25s	$69K	$20K	10x
Short	KuCoin DELLUSDTM	573.17	0.0100	get 0.0100% / 8h	1h 17m	$940K	$28K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$168.52
Price spread: +0.028% → 0.000%: $2.76
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$184.76
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; KuCoin: live order book, 17 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 KuCoin live order book, 17 min ago	26.41 bp	87.7 bp −$88	doesn't fit	doesn't fit	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
Aster DELLUSDT	0.0000%	8h	573.08	+0.013%	$20K	$49K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.56	+0.096%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.56	+0.096%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.86	+0.148%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.234%	$8K	$83K	12x	as long as short
KuCoin DELLUSDTMshort	+0.0100%	8h	573.17	+0.028%	$940K	$28K	20x
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.17	+0.202%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.49	+0.083%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0118%	8h	573.57	+0.097%	$6.1M	$4.0M	50x	as long as short
tradeXYZ xyz:DELL	+0.0125%	1h	573.15	+0.024%	$7.5M	$6.9M	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0226%	1h	573.38	+0.064%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0267%	8h	573.54	+0.092%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0486%	4h	573.55	+0.094%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0491%	8h	573.93	+0.160%	$259K	$61K	—	as long as short
BloFin DELL-USDT	+0.0565%	8h	573.51	+0.087%	$321K	$234K	20x	as long as short
GRVT DELL_USDT_Perp	+0.0568%	8h	573.75	+0.129%	$1K	$147K	10x	as long as short
Extended DELL-USD	+0.0576%	1h	573.44	+0.075%	$335K	$1.1M	10x	as long as short
Binance DELLUSDT	+0.0577%	8h	573.60	+0.103%	$18.4M	$67.0M	20x	as long as short
Phoenix DELL	+0.0863%	1h	573.86	+0.148%	$3K	$228K	10x	as long as short
Nado DELL-PERPlong	+0.0902%	1h	573.01	long leg	$69K	$20K	10x