Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0782%/8h= +85.6% APRpaid last 24h +0.137%

Price spread now: Nado against Aster−0.155%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Nado

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 airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.155% cheaper against Aster than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 16 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DELLUSDT	573.25	0	get 0.0000% / 8h	50m 01s	$20K	$49K	20x
Short	Nado DELL-PERP	572.36	0.0782	get 0.0098% / 1h	50m 01s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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 AsterbpFee NadobpOrdersPrice spread, now −0.155%Rate

Funding earned: $164.22
Price spread: −0.155% → 0.000%: −$15.5
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $133.72
Costs to cover: 0.150%
Break-even: 1.3 days

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

Aster and 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 DELLUSDTlong	0.0000%	8h	573.25	long leg	$20K	$49K	20x
Gate DELL_USDT	0.0000%	8h	573.23	−0.004%	$4.1M	$7.0M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.41	+0.028%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.68	+0.075%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.276%	$8K	$83K	12x	as long as short
Bybit DELLUSDT	+0.0072%	8h	573.34	+0.015%	$6.1M	$4.0M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.94	−0.054%	$939K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.45	+0.035%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.43	+0.031%	$18K	$58K	10x	as long as short
tradeXYZ xyz:DELL	+0.0128%	1h	572.85	−0.070%	$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
edgeX DELLUSDC	+0.0173%	4h	573.18	−0.012%	$5K	$333K	10x	as long as short
Polymarket Perps DELL-USD	+0.0193%	1h	572.95	−0.053%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0218%	8h	573.23	−0.004%	$5.8M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0406%	8h	573.12	−0.022%	$259K	$61K	—	as long as short
Extended DELL-USD	+0.0504%	1h	573.25	−0.001%	$333K	$2.1M	10x	as long as short
Binance DELLUSDT	+0.0507%	8h	573.61	+0.062%	$18.4M	$66.8M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0525%	8h	572.80	−0.080%	$974	$147K	10x	as long as short
BloFin DELL-USDT	+0.0530%	8h	573.61	+0.062%	$323K	$234K	20x	as long as short
Nado DELL-PERPshort	+0.0782%	1h	572.36	−0.155%	$69K	$20K	10x
Phoenix DELL	+0.0893%	1h	573.02	−0.040%	$3K	$228K	10x	as long as short