Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0727%/8h= −79.6% APRpaid last 24h −0.081%

Price spread now: HTX against Nado+0.098%7-day average — · you sell dearer than you buy

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

Long on Nado Short on HTX

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

The price spread pays, funding is against you. HTX is 0.098% dearer against Nado than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	573.88	0.0827	pay 0.0103% / 1h	37m 52s	$69K	$19K	10x
Short	HTX DELL-USDT	574.44	0.0100	get 0.0100% / 8h	3h 37m	$17K	$59K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$152.67
Price spread: +0.098% → 0.000%: $9.77
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$161.9
Costs to cover: 0.190%
Break-even: never at this rate

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

Nado and HTX: 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	573.56	−0.056%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	574.31	+0.075%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	574.15	+0.047%	$3.6M	$4.6M	20x	as long as short
Lighter DELL	+0.0032%	1h	574.59	+0.124%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.385%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	573.22	−0.115%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.78	−0.017%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.61	−0.047%	$940K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	574.72	+0.147%	$3K	$336	10x	as long as short
HTX DELL-USDTshort	+0.0100%	8h	574.44	+0.098%	$17K	$59K	10x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit DELLUSDT	+0.0187%	8h	573.87	−0.002%	$6.1M	$3.9M	50x	as long as short
OKX DELL-USDT-SWAP	+0.0391%	8h	574.33	+0.079%	$5.8M	$6.6M	20x	as long as short
edgeX DELLUSDC	+0.0458%	4h	575.21	+0.232%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0612%	8h	575.11	+0.214%	$262K	$64K	—	as long as short
GRVT DELL_USDT_Perp	+0.0636%	8h	575.31	+0.250%	$915	$153K	10x	as long as short
BloFin DELL-USDT	+0.0687%	8h	574.74	+0.150%	$322K	$219K	20x	as long as short
Extended DELL-USD	+0.0696%	1h	574.10	+0.039%	$333K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0700%	8h	574.30	+0.073%	$18.5M	$65.9M	20x	as long as short
Nado DELL-PERPlong	+0.0827%	1h	573.88	long leg	$69K	$19K	10x
Phoenix DELL	+0.1040%	1h	575.17	+0.225%	$3K	$260K	10x	as long as short