Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h −0.038%

Price spread now: edgeX against Nado−0.026%7-day average — · you buy dearer than you sell

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

Long on Nado Short on edgeX

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 · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.026% cheaper against Nado than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	575.05	0.0731	pay 0.0091% / 1h	5m 12s	$69K	$20K	10x
Short	edgeX DELLUSDC	574.91	0.0993	get 0.0496% / 4h	2h 05m	$5K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $54.99
Price spread: −0.026% → 0.000%: −$2.59
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $36.39
Costs to cover: 0.160%
Break-even: 2.4 days

Slippage unknown: Nado: no order-book sample; edgeX: live order book, 46 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 edgeX live order book, 46 min ago	1.22 bp	6.0 bp −$6	91.5 bp −$915	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 exchanges

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	574.71	−0.060%	$20K	$49K	20x	as long as short
Bitget DELLUSDT	0.0000%	8h	575.58	+0.091%	$3.7M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	575.81	+0.131%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	573.13	−0.335%	$4K	$10K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	575.10	+0.008%	$7.6M	$6.8M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	574.88	−0.030%	$7K	$55K	10x	as long as short
Bybit DELLUSDT	+0.0065%	8h	575.66	+0.105%	$6.2M	$3.8M	50x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	574.85	−0.036%	$941K	$170K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.84	+0.137%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	575.65	+0.104%	$18K	$52K	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate DELL_USDT	+0.0102%	8h	575.85	+0.138%	$4.0M	$6.6M	50x	as long as short
Variational Omni DELL	+0.0124%	8h	576.11	+0.184%	$259K	$61K	—	as long as short
OKX DELL-USDT-SWAP	+0.0129%	8h	575.65	+0.104%	$5.9M	$6.7M	20x	as long as short
BloFin DELL-USDT	+0.0218%	8h	575.85	+0.138%	$327K	$239K	20x	as long as short
Extended DELL-USD	+0.0232%	1h	575.45	+0.068%	$332K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0234%	8h	575.63	+0.100%	$18.3M	$67.0M	20x	as long as short
Phoenix DELL	+0.0293%	1h	572.76	−0.399%	$3K	$228K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0393%	8h	574.47	−0.102%	$643	$133K	10x	as long as short
Nado DELL-PERPlong	+0.0731%	1h	575.05	long leg	$69K	$20K	10x
edgeX DELLUSDCshort	+0.0993%	4h	574.91	−0.026%	$5K	$333K	10x