Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.093%

Price spread now: Binance against Nado+0.137%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Binance

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

The price spread pays, funding is against you. Binance is 0.137% dearer against Nado than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	571.93	0.0903	pay 0.0113% / 1h	42m 08s	$69K	$20K	10x
Short	Binance DELLUSDT	572.71	0.0603	get 0.0603% / 8h	1h 42m	$18.3M	$66.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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 NadobpFee BinancebpOrdersPrice spread, now +0.137%Rate

Funding earned: −$62.95
Price spread: +0.137% → 0.000%: $13.68
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.27
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Binance: live order book, 15 min ago. 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 Nado no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	0.09 bp	8.4 bp −$8	24.3 bp −$243	101.1 bp −$10.1K	doesn't fit

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	572.19	+0.046%	$20K	$50K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	572.56	+0.111%	$4.1M	$7.2M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	572.66	+0.128%	$3.6M	$4.7M	20x	as long as short
Lighter DELL	+0.0032%	1h	572.89	+0.169%	$33K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.045%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0076%	1h	571.63	−0.052%	$7.5M	$7.0M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.07	+0.025%	$937K	$28K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.10	+0.205%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	572.75	+0.144%	$18K	$58K	10x	as long as short
Bybit DELLUSDT	+0.0132%	8h	572.41	+0.085%	$6.1M	$4.0M	50x	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	+0.0156%	1h	572.28	+0.062%	$7K	$54K	10x	as long as short
edgeX DELLUSDC	+0.0177%	4h	572.93	+0.176%	$5K	$335K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0275%	8h	573.04	+0.195%	$5.8M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0523%	8h	572.68	+0.133%	$258K	$61K	—	as long as short
GRVT DELL_USDT_Perp	+0.0569%	8h	572.68	+0.132%	$630	$148K	10x	as long as short
BloFin DELL-USDT	+0.0585%	8h	573.09	+0.204%	$323K	$233K	20x	as long as short
Extended DELL-USD	+0.0600%	1h	572.49	+0.099%	$337K	$1.1M	10x	as long as short
Binance DELLUSDTshort	+0.0603%	8h	572.71	+0.137%	$18.3M	$66.9M	20x
Phoenix DELL	+0.0863%	1h	572.90	+0.170%	$3K	$228K	10x	as long as short
Nado DELL-PERPlong	+0.0903%	1h	571.93	long leg	$69K	$20K	10x