Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0656%/8h= +71.8% APRpaid last 24h +0.095%

Price spread now: Nado against Gate−0.135%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. Nado is 0.135% cheaper against Gate than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 16 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	Gate DELL_USDT	572.89	0	get 0.0000% / 8h	5m 19s	$4.1M	$7.0M	50x
Short	Nado DELL-PERP	572.12	0.0656	get 0.0082% / 1h	5m 19s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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 GatebpFee NadobpOrdersPrice spread, now −0.135%Rate

Funding earned: $137.73
Price spread: −0.135% → 0.000%: −$13.49
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $102.24
Costs to cover: 0.220%
Break-even: 1.8 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	3.23 bp	15.4 bp −$15	36.1 bp −$361	74.3 bp −$7,428	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	572.13	−0.133%	$20K	$49K	20x	as long as short
Gate DELL_USDTlong	0.0000%	8h	572.89	long leg	$4.1M	$7.0M	50x
Bitget DELLUSDT	0.0000%	8h	572.74	−0.026%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDT	+0.0017%	8h	572.55	−0.059%	$6.1M	$4.0M	50x	as long as short
Lighter DELL	+0.0032%	1h	573.07	+0.031%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.213%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0071%	1h	572.27	−0.108%	$7.5M	$6.9M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.29	−0.105%	$937K	$35K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.22	+0.058%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.66	+0.134%	$18K	$58K	10x	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	+0.0109%	1h	572.62	−0.047%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0180%	8h	572.83	−0.010%	$5.9M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0298%	8h	572.68	−0.037%	$259K	$61K	—	as long as short
edgeX DELLUSDC	+0.0326%	4h	572.70	−0.033%	$5K	$334K	10x	as long as short
Binance DELLUSDT	+0.0405%	8h	572.77	−0.020%	$18.3M	$66.6M	20x	as long as short
Extended DELL-USD	+0.0408%	1h	572.68	−0.036%	$332K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0416%	8h	572.75	−0.024%	$324K	$233K	20x	as long as short
GRVT DELL_USDT_Perp	+0.0453%	8h	572.85	−0.007%	$682	$145K	10x	as long as short
Nado DELL-PERPshort	+0.0656%	1h	572.12	−0.135%	$69K	$20K	10x
Phoenix DELL	+0.0893%	1h	572.66	−0.040%	$3K	$228K	10x	as long as short