Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0462%/8h= −50.6% APRpaid last 24h −0.078%

Price spread now: OKX against Nado+0.010%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 OKX

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	572.88	0.0645	pay 0.0081% / 1h	12m 27s	$69K	$20K	10x
Short	OKX DELL-USDT-SWAP	572.94	0.0183	get 0.0183% / 8h	12m 27s	$5.9M	$6.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$97.05
Price spread: +0.010% → 0.000%: $1.04
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$113.01
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago	0.52 bp	9.0 bp −$9	60.7 bp −$607	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	572.85	−0.005%	$20K	$49K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.13	+0.044%	$4.1M	$7.0M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.10	+0.038%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0021%	8h	573.29	+0.072%	$6.1M	$4.0M	50x	as long as short
Lighter DELL	+0.0032%	1h	573.43	+0.096%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.211%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0087%	1h	572.48	−0.070%	$7.5M	$6.9M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.87	−0.002%	$938K	$33K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.64	+0.133%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.30	−0.101%	$18K	$58K	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	+0.0121%	1h	572.84	−0.007%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAPshort	+0.0183%	8h	572.94	+0.010%	$5.9M	$6.7M	20x
Variational Omni DELL	+0.0313%	8h	572.61	−0.048%	$258K	$61K	—	as long as short
BloFin DELL-USDT	+0.0386%	8h	573.26	+0.066%	$325K	$233K	20x	as long as short
Extended DELL-USD	+0.0416%	1h	573.11	+0.040%	$332K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0416%	8h	573.25	+0.065%	$18.3M	$66.6M	20x	as long as short
edgeX DELLUSDC	+0.0448%	4h	572.66	−0.038%	$5K	$335K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0459%	8h	572.76	−0.022%	$727	$146K	10x	as long as short
Nado DELL-PERPlong	+0.0645%	1h	572.88	long leg	$69K	$20K	10x
Phoenix DELL	+0.0893%	1h	572.56	−0.056%	$3K	$228K	10x	as long as short