Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0654%/8h= +71.6% APRpaid last 24h +0.047%

Price spread now: Nado against Aster−0.045%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Nado

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 airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.045% cheaper against Aster than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster DELLUSDT	574.80	0	get 0.0000% / 8h	3h 30m	$21K	$50K	20x
Short	Nado DELL-PERP	574.54	0.0654	get 0.0082% / 1h	30m 24s	$70K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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 AsterbpFee NadobpOrdersPrice spread, now −0.045%Rate

Funding earned: $137.27
Price spread: −0.045% → 0.000%: −$4.47
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $117.8
Costs to cover: 0.150%
Break-even: 1.0 days

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

Aster and 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 DELLUSDTlong	0.0000%	8h	574.80	long leg	$21K	$50K	20x
Extended DELL-USD	0.0000%	1h	575.80	+0.175%	$338K	$1.1M	10x	as long as short
Binance DELLUSDT	0.0000%	8h	575.85	+0.183%	$18.7M	$64.6M	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	575.73	+0.162%	$5.9M	$3.5M	50x	as long as short
Gate DELL_USDT	0.0000%	8h	575.52	+0.125%	$4.6M	$7.6M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	575.19	+0.068%	$3.3M	$4.6M	20x	as long as short
Variational Omni DELL	0.0000%	8h	575.72	+0.159%	$261K	$82K	—	as long as short
GRVT DELL_USDT_Perp	0.0000%	8h	575.19	+0.068%	$846	$178K	10x	as long as short
BloFin DELL-USDT	+0.0008%	8h	575.92	+0.195%	$322K	$215K	20x	as long as short
Lighter DELL	+0.0032%	1h	575.68	+0.153%	$34K	$11K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.545%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	574.87	+0.012%	$7.3M	$7.1M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	575.28	+0.084%	$942K	$32K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	575.97	+0.204%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	576.09	+0.224%	$18K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0116%	8h	575.81	+0.176%	$5.9M	$6.6M	20x	as long as short
Polymarket Perps DELL-USD	+0.0297%	1h	575.47	+0.117%	$1K	$22K	10x	as long as short
edgeX DELLUSDC	+0.0330%	4h	575.35	+0.096%	$5K	$334K	10x	as long as short
Phoenix DELL	+0.0611%	1h	574.87	+0.012%	$3K	$280K	10x	as long as short
Nado DELL-PERPshort	+0.0654%	1h	574.54	−0.045%	$70K	$12K	10x