Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0639%/8h= −69.9% APRpaid last 24h −0.118%

Price spread now: Bybit against Nado0.000%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Bybit

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$19 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	572.85	0.0655	pay 0.0082% / 1h	4m 25s	$69K	$20K	10x
Short	Bybit DELLUSDT	572.85	0.0016	get 0.0016% / 8h	4m 25s	$6.1M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$134.14
Price spread: 0.000% → 0.000%: −$0.01
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$152.15
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago	2.18 bp	12.9 bp −$13	111.3 bp −$1,113	doesn't fit	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	572.59	−0.045%	$20K	$49K	20x	as long as short
Gate DELL_USDT	0.0000%	8h	573.12	+0.047%	$4.1M	$7.0M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.06	+0.037%	$3.6M	$4.6M	20x	as long as short
Bybit DELLUSDTshort	+0.0016%	8h	572.85	0.000%	$6.1M	$4.0M	50x
Lighter DELL	+0.0032%	1h	573.47	+0.108%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	571.67	−0.206%	$8K	$83K	12x	as long as short
tradeXYZ xyz:DELL	+0.0066%	1h	572.71	−0.024%	$7.5M	$6.9M	10x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	572.55	−0.052%	$938K	$35K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.64	+0.138%	$3K	$336	10x	as long as short
HTX DELL-USDT	+0.0100%	8h	573.66	+0.141%	$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	+0.0106%	1h	572.95	+0.017%	$7K	$55K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0179%	8h	572.90	+0.009%	$5.9M	$6.7M	20x	as long as short
Variational Omni DELL	+0.0298%	8h	572.68	−0.030%	$259K	$61K	—	as long as short
edgeX DELLUSDC	+0.0326%	4h	572.70	−0.026%	$5K	$334K	10x	as long as short
Binance DELLUSDT	+0.0404%	8h	573.26	+0.072%	$18.3M	$66.6M	20x	as long as short
Extended DELL-USD	+0.0408%	1h	573.07	+0.038%	$332K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0416%	8h	572.75	−0.018%	$324K	$233K	20x	as long as short
GRVT DELL_USDT_Perp	+0.0453%	8h	572.85	0.000%	$682	$145K	10x	as long as short
Nado DELL-PERPlong	+0.0655%	1h	572.85	long leg	$69K	$20K	10x
Phoenix DELL	+0.0893%	1h	572.66	−0.033%	$3K	$228K	10x	as long as short