DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0563%/8h= −61.6% APRnext payment −$0.70 per $10,000 · paid last 24h −0.033%

Price spread now: Nado against Phoenix+0.059%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on Nado

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 · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.059% dearer against Phoenix than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix DELL	573.17	0.0810	pay 0.0101% / 1h	56m 57s	$3K	$228K	10x
Short	Nado DELL-PERP	573.51	0.0247	get 0.0031% / 1h	56m 57s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now +0.059%Rate

Funding earned: −$118.2
Price spread: +0.059% → 0.000%: $5.87
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$126.34
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 33 min ago; 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 Phoenix live order book, 33 min ago	3.87 bp	11.9 bp −$12	25.2 bp −$252	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

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
tradeXYZ xyz:DELL	−0.0294%	1h	572.95	−0.038%	$7.6M	$6.8M	10x	as long as short
Aster DELLUSDT	0.0000%	8h	572.72	−0.078%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	573.26	+0.016%	$6.1M	$3.9M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	573.25	+0.014%	$4.0M	$6.5M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.32	+0.026%	$3.7M	$4.6M	20x	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	572.69	−0.084%	$682	$138K	10x	as long as short
Lighter DELL	+0.0032%	1h	573.48	+0.054%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.262%	$8K	$83K	12x	as long as short
OKX DELL-USDT-SWAP	+0.0039%	8h	573.68	+0.089%	$5.9M	$6.7M	20x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.35	+0.031%	$7K	$55K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DELL	+0.0087%	8h	572.67	−0.087%	$259K	$61K	—	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.62	−0.096%	$938K	$113K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.56	+0.068%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	574.16	+0.173%	$18K	$58K	10x	as long as short
Binance DELLUSDT	+0.0173%	8h	573.30	+0.023%	$18.3M	$66.7M	20x	as long as short
Extended DELL-USD	+0.0176%	1h	573.21	+0.007%	$331K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0194%	8h	573.47	+0.052%	$324K	$236K	20x	as long as short
edgeX DELLUSDC	+0.0226%	4h	573.25	+0.014%	$5K	$332K	10x	as long as short
Nado DELL-PERPshort	+0.0247%	1h	573.51	+0.059%	$69K	$20K	10x
Phoenix DELLlong	+0.0810%	1h	573.17	long leg	$3K	$228K	10x