DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0809%/8h= +88.6% APRnext payment +$1.01 per $10,000 · paid last 24h +0.101%

Price spread now: Nado against Lighter−0.057%47s7-day average — · you buy dearer than you sell

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

Long on Lighter 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 airdropLighter: Season 3 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.057% cheaper against Lighter than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$24 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	574.92	0.0032	pay 0.0004% / 1h	39m 35s	$34K	$13K	10x
Short	Nado DELL-PERP	574.59	0.0841	get 0.0105% / 1h	39m 35s	$69K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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 LighterbpFee NadobpOrdersPrice spread, now −0.057%Rate

Funding earned: $169.97
Price spread: −0.057% → 0.000%: −$5.67
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $157.29
Costs to cover: 0.070%
Break-even: 0.5 days

Slippage unknown: Lighter: 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 Lighter no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Lighter 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 DELLUSDT	0.0000%	8h	574.44	−0.083%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.66	−0.045%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.65	−0.047%	$3.6M	$4.6M	20x	as long as short
Lighter DELLlong	+0.0032%	1h	574.92	long leg	$34K	$13K	10x
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.565%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.28	−0.111%	$7.6M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	574.66	−0.045%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	574.39	−0.092%	$940K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.45	+0.092%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.58	+0.115%	$17K	$59K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0187%	8h	574.46	−0.080%	$6.1M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAP	+0.0394%	8h	574.48	−0.077%	$5.8M	$6.6M	20x	as long as short
edgeX DELLUSDC	+0.0458%	4h	575.21	+0.051%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0612%	8h	575.11	+0.033%	$262K	$64K	—	as long as short
GRVT DELL_USDT_Perp	+0.0636%	8h	575.31	+0.068%	$915	$153K	10x	as long as short
BloFin DELL-USDT	+0.0677%	8h	575.35	+0.075%	$322K	$219K	20x	as long as short
Extended DELL-USD	+0.0704%	1h	574.40	−0.091%	$333K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0705%	8h	574.56	−0.063%	$18.5M	$65.9M	20x	as long as short
Nado DELL-PERPshort	+0.0841%	1h	574.59	−0.057%	$69K	$18K	10x
Phoenix DELL	+0.1040%	1h	575.64	+0.125%	$3K	$260K	10x	as long as short