Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0673%/8h= +73.7% APRpaid last 24h +0.049%

Price spread now: Nado against Gate−0.048%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Nado

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

Funding pays, the price is against you. Nado is 0.048% cheaper against Gate than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DELL_USDT	577.46	0	get 0.0000% / 8h	5h 02m	$4.1M	$7.3M	50x
Short	Nado DELL-PERP	577.18	0.0673	get 0.0084% / 1h	2m 09s	$69K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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 GatebpFee NadobpOrdersPrice spread, now −0.048%Rate

Funding earned: $141.39
Price spread: −0.048% → 0.000%: −$4.77
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $114.62
Costs to cover: 0.220%
Break-even: 1.3 days

Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago	2.16 bp	10.4 bp −$10	31.0 bp −$310	66.6 bp −$6,657	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	577.31	−0.027%	$21K	$50K	20x	as long as short
Gate DELL_USDTlong	0.0000%	8h	577.46	long leg	$4.1M	$7.3M	50x
Bitget DELLUSDT	0.0000%	8h	577.31	−0.026%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0002%	8h	577.40	−0.010%	$6.1M	$3.9M	50x	as long as short
Lighter DELL	+0.0032%	1h	577.85	+0.068%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−1.003%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	576.90	−0.097%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	577.26	−0.035%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.06	−0.069%	$946K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	578.04	+0.100%	$3K	$336	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	577.57	+0.019%	$17K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0452%	8h	577.29	−0.029%	$5.8M	$6.6M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0480%	8h	577.96	+0.086%	$902	$151K	10x	as long as short
edgeX DELLUSDC	+0.0499%	4h	577.81	+0.061%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0513%	8h	577.78	+0.056%	$264K	$86K	—	as long as short
Extended DELL-USD	+0.0608%	1h	577.37	−0.016%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0611%	8h	577.42	−0.006%	$18.7M	$65.0M	20x	as long as short
BloFin DELL-USDT	+0.0632%	8h	577.50	+0.007%	$275K	$220K	20x	as long as short
Nado DELL-PERPshort	+0.0673%	1h	577.18	−0.048%	$69K	$18K	10x
Phoenix DELL	+0.0723%	1h	577.65	+0.033%	$3K	$258K	10x	as long as short