DELL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0504%/8h= +55.2% APRnext payment +$0.63 per $10,000 · paid last 24h +0.152%

Price spread now: Nado against Lighter−0.121%7-day average — · you buy dearer than you sell

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

Long on Lighter 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 airdropLighter: Season 3 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.121% cheaper against Lighter than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 19 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter DELL	573.41	0.0032	pay 0.0004% / 1h	4m 06s	$34K	$12K	10x
Short	Nado DELL-PERP	572.71	0.0536	get 0.0067% / 1h	4m 06s	$69K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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 LighterbpFee NadobpOrdersPrice spread, now −0.121%Rate

Funding earned: $105.91
Price spread: −0.121% → 0.000%: −$12.14
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $86.77
Costs to cover: 0.070%
Break-even: 1.3 days

Slippage unknown: Lighter: 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 Lighter no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Lighter 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 exchanges

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	573.17	−0.042%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	572.98	−0.075%	$6.1M	$3.8M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.12	−0.051%	$3.7M	$4.4M	20x	as long as short
Lighter DELLlong	+0.0032%	1h	573.41	long leg	$34K	$12K	10x
Injective DELL/USDC PERP	+0.0033%	1h	573.13	−0.049%	$4K	$10K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	572.59	−0.143%	$7.6M	$6.8M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.17	−0.042%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0089%	8h	573.18	−0.040%	$5.8M	$6.8M	20x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.85	−0.098%	$938K	$308K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.66	+0.044%	$3K	$336	10x	as long as short

Show all 20 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX DELL-USDT	+0.0100%	8h	573.83	+0.073%	$17K	$52K	10x	as long as short
Gate DELL_USDT	+0.0174%	8h	573.30	−0.019%	$4.0M	$6.4M	50x	as long as short
Variational Omni DELL	+0.0244%	8h	573.18	−0.040%	$258K	$50K	—	as long as short
Extended DELL-USD	+0.0336%	1h	573.09	−0.056%	$334K	$2.6M	10x	as long as short
Binance DELLUSDT	+0.0340%	8h	573.30	−0.019%	$18.2M	$67.6M	20x	as long as short
BloFin DELL-USDT	+0.0364%	8h	573.35	−0.010%	$325K	$242K	20x	as long as short
edgeX DELLUSDC	+0.0460%	4h	573.29	−0.021%	$5K	$332K	10x	as long as short
GRVT DELL_USDT_Perp	+0.0496%	8h	573.31	−0.018%	$1K	$133K	10x	as long as short
Nado DELL-PERPshort	+0.0536%	1h	572.71	−0.121%	$69K	$20K	10x
Phoenix DELL	+0.1028%	1h	572.94	−0.082%	$3K	$230K	10x	as long as short