DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.037%

Price spread now: Phoenix against Nado+0.128%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 Phoenix

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. Phoenix is 0.128% dearer against Nado than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	571.47	0.0899	pay 0.0112% / 1h	39m 21s	$69K	$20K	10x
Short	Phoenix DELL	572.20	0.0863	get 0.0108% / 1h	39m 21s	$3K	$228K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$7.55
Price spread: +0.128% → 0.000%: $12.77
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$8.78
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Phoenix: live order book, 66 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 Phoenix live order book, 66 min ago	3.83 bp	12.1 bp −$12	25.7 bp −$257	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	571.63	+0.027%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	572.03	+0.098%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	572.23	+0.133%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	572.22	+0.131%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	+0.035%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0069%	1h	571.51	+0.007%	$7.5M	$7.0M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	571.59	+0.021%	$936K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	572.61	+0.199%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.85	+0.241%	$17K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0130%	8h	571.84	+0.065%	$6.1M	$4.0M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0163%	1h	571.77	+0.052%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0275%	8h	572.29	+0.143%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0349%	4h	572.58	+0.194%	$5K	$333K	10x	as long as short
Variational Omni DELL	+0.0513%	8h	572.57	+0.193%	$258K	$61K	—	as long as short
GRVT DELL_USDT_Perp	+0.0560%	8h	572.65	+0.206%	$641	$148K	10x	as long as short
BloFin DELL-USDT	+0.0570%	8h	572.65	+0.206%	$323K	$233K	20x	as long as short
Binance DELLUSDT	+0.0597%	8h	571.98	+0.090%	$18.3M	$66.9M	20x	as long as short
Extended DELL-USD	+0.0600%	1h	571.87	+0.069%	$337K	$1.1M	10x	as long as short
Phoenix DELLshort	+0.0863%	1h	572.20	+0.128%	$3K	$228K	10x
Nado DELL-PERPlong	+0.0899%	1h	571.47	long leg	$69K	$20K	10x