Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0648%/8h= +70.9% APRpaid last 24h +0.129%

Price spread now: Nado against Bitget−0.110%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.110% cheaper against Bitget than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 14 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget DELLUSDT	573.09	0	get 0.0000% / 8h	10m 25s	$3.6M	$4.6M	20x
Short	Nado DELL-PERP	572.46	0.0648	get 0.0081% / 1h	10m 25s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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 BitgetbpFee NadobpOrdersPrice spread, now −0.110%Rate

Funding earned: $135.99
Price spread: −0.110% → 0.000%: −$11.04
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $105.95
Costs to cover: 0.190%
Break-even: 1.5 days

Slippage unknown: Bitget: live order book, 3 min ago; 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 Bitget live order book, 3 min ago	3.40 bp	18.3 bp −$18	41.0 bp −$410	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

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	572.57	−0.091%	$20K	$49K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.12	+0.005%	$4.1M	$7.0M	50x	as long as short
Bitget DELLUSDTlong	0.0000%	8h	573.09	long leg	$3.6M	$4.6M	20x
Bybit DELLUSDT	+0.0019%	8h	572.86	−0.040%	$6.1M	$4.0M	50x	as long as short
Lighter DELL	+0.0032%	1h	573.35	+0.045%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.248%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0084%	1h	572.53	−0.098%	$7.5M	$6.9M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.49	−0.105%	$938K	$34K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.59	+0.087%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.30	−0.138%	$17K	$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	+0.0119%	1h	572.90	−0.033%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0183%	8h	572.96	−0.023%	$5.9M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0305%	8h	572.92	−0.030%	$259K	$61K	—	as long as short
BloFin DELL-USDT	+0.0385%	8h	573.03	−0.010%	$325K	$233K	20x	as long as short
Binance DELLUSDT	+0.0412%	8h	573.17	+0.014%	$18.3M	$66.6M	20x	as long as short
Extended DELL-USD	+0.0416%	1h	573.04	−0.009%	$332K	$2.6M	10x	as long as short
edgeX DELLUSDC	+0.0448%	4h	572.66	−0.075%	$5K	$335K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0459%	8h	573.14	+0.008%	$728	$146K	10x	as long as short
Nado DELL-PERPshort	+0.0648%	1h	572.46	−0.110%	$69K	$20K	10x
Phoenix DELL	+0.0893%	1h	572.56	−0.092%	$3K	$228K	10x	as long as short