Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h +0.109%

Price spread now: Nado against Bybit−0.102%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 0.102% cheaper against Bybit than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DELLUSDT	573.10	0.0131	pay 0.0131% / 8h	1h 50m	$6.1M	$4.0M	50x
Short	Nado DELL-PERP	572.51	0.0911	get 0.0114% / 1h	50m 57s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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 BybitbpFee NadobpOrdersPrice spread, now −0.102%Rate

Funding earned: $163.77
Price spread: −0.102% → 0.000%: −$10.21
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $135.55
Costs to cover: 0.180%
Break-even: 1.2 days

Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago	2.70 bp	16.3 bp −$16	110.2 bp −$1,102	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
Aster DELLUSDT	0.0000%	8h	572.68	−0.073%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.28	+0.031%	$4.1M	$7.1M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.45	+0.061%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.46	+0.063%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.250%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0098%	1h	572.74	−0.063%	$7.5M	$7.0M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.86	−0.042%	$938K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.72	+0.108%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.89	−0.037%	$17K	$58K	10x	as long as short
Bybit DELLUSDTlong	+0.0131%	8h	573.10	long leg	$6.1M	$4.0M	50x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps DELL-USD	+0.0160%	1h	573.13	+0.005%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0280%	8h	573.43	+0.058%	$5.8M	$6.7M	20x	as long as short
edgeX DELLUSDC	+0.0468%	4h	573.88	+0.137%	$5K	$334K	10x	as long as short
Variational Omni DELL	+0.0527%	8h	574.45	+0.236%	$259K	$61K	—	as long as short
GRVT DELL_USDT_Perp	+0.0558%	8h	574.11	+0.176%	$626	$148K	10x	as long as short
BloFin DELL-USDT	+0.0599%	8h	573.56	+0.080%	$322K	$233K	20x	as long as short
Extended DELL-USD	+0.0608%	1h	573.32	+0.038%	$337K	$1.1M	10x	as long as short
Binance DELLUSDT	+0.0612%	8h	573.46	+0.062%	$18.4M	$66.9M	20x	as long as short
Phoenix DELL	+0.0863%	1h	573.62	+0.091%	$3K	$228K	10x	as long as short
Nado DELL-PERPshort	+0.0911%	1h	572.51	−0.102%	$69K	$20K	10x