Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0094%/8h= −10.2% APRpaid last 24h −0.024%

Price spread now: OKX against Nado+0.073%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 OKX

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. OKX is 0.073% dearer against Nado than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	575.14	0.0736	pay 0.0092% / 1h	36m 56s	$69K	$18K	10x
Short	OKX DELL-USDT-SWAP	575.56	0.0643	get 0.0643% / 8h	6h 36m	$5.8M	$6.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$19.64
Price spread: +0.073% → 0.000%: $7.29
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.35
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	0.78 bp	11.8 bp −$12	54.4 bp −$544	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 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	575.62	+0.083%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	575.35	+0.036%	$4.1M	$7.4M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	575.74	+0.104%	$3.6M	$4.7M	20x	as long as short
Bybit DELLUSDT	+0.0032%	8h	575.51	+0.064%	$6.1M	$3.9M	50x	as long as short
Lighter DELL	+0.0032%	1h	575.94	+0.139%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.603%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.63	−0.089%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	575.33	+0.033%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.17	+0.005%	$942K	$30K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	576.34	+0.208%	$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	575.97	+0.144%	$18K	$58K	10x	as long as short
Variational Omni DELL	+0.0505%	8h	576.66	+0.263%	$262K	$86K	—	as long as short
BloFin DELL-USDT	+0.0602%	8h	578.05	+0.506%	$323K	$221K	20x	as long as short
edgeX DELLUSDC	+0.0615%	4h	576.14	+0.174%	$5K	$333K	10x	as long as short
Extended DELL-USD	+0.0616%	1h	575.39	+0.042%	$335K	$1.2M	10x	as long as short
Binance DELLUSDT	+0.0617%	8h	575.55	+0.072%	$18.7M	$65.2M	20x	as long as short
OKX DELL-USDT-SWAPshort	+0.0643%	8h	575.56	+0.073%	$5.8M	$6.4M	20x
Nado DELL-PERPlong	+0.0736%	1h	575.14	long leg	$69K	$18K	10x
GRVT DELL_USDT_Perp	+0.0785%	8h	576.12	+0.170%	$634	$154K	10x	as long as short
Phoenix DELL	+0.0789%	1h	575.96	+0.142%	$3K	$258K	10x	as long as short