Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.057%

Price spread now: Nado against Binance−0.065%7-day average — · you buy dearer than you sell

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

Long on Binance 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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.065% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DELLUSDT	577.56	0.0613	pay 0.0613% / 8h	5h 03m	$18.7M	$65.0M	20x
Short	Nado DELL-PERP	577.19	0.0678	get 0.0085% / 1h	3m 20s	$69K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.065%Rate

Funding earned: $13.57
Price spread: −0.065% → 0.000%: −$6.48
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$9.91
Costs to cover: 0.170%
Break-even: 12.1 days

Slippage unknown: Binance: live order book, 9 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 Binance live order book, 9 min ago	0.52 bp	10.0 bp −$10	28.0 bp −$280	116.6 bp −$11.7K	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
Aster DELLUSDT	0.0000%	8h	577.30	−0.045%	$21K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	577.37	−0.033%	$4.1M	$7.3M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	577.15	−0.071%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0003%	8h	577.33	−0.040%	$6.1M	$3.9M	50x	as long as short
Lighter DELL	+0.0032%	1h	577.99	+0.074%	$34K	$13K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−1.020%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	576.85	−0.123%	$7.5M	$7.0M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	577.24	−0.055%	$7K	$54K	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	577.21	−0.061%	$946K	$29K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	578.04	+0.083%	$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	578.00	+0.076%	$17K	$58K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0454%	8h	577.29	−0.047%	$5.8M	$6.6M	20x	as long as short
GRVT DELL_USDT_Perp	+0.0480%	8h	577.96	+0.069%	$902	$151K	10x	as long as short
edgeX DELLUSDC	+0.0499%	4h	577.81	+0.044%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0513%	8h	577.78	+0.038%	$264K	$86K	—	as long as short
Binance DELLUSDTlong	+0.0613%	8h	577.56	long leg	$18.7M	$65.0M	20x
Extended DELL-USD	+0.0616%	1h	577.42	−0.025%	$335K	$1.2M	10x	as long as short
BloFin DELL-USDT	+0.0632%	8h	577.50	−0.010%	$275K	$220K	20x	as long as short
Nado DELL-PERPshort	+0.0678%	1h	577.19	−0.065%	$69K	$18K	10x
Phoenix DELL	+0.0723%	1h	577.65	+0.016%	$3K	$258K	10x	as long as short