Funding arb · Price arb /

DELL

RWAall DELL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0431%/8h= −47.2% APRpaid last 24h −0.132%

Price spread now: HTX against Nado+0.078%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 HTX

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 pays, funding is against you. HTX is 0.078% dearer against Nado than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado DELL-PERP	572.71	0.0531	pay 0.0066% / 1h	7m 30s	$69K	$20K	10x
Short	HTX DELL-USDT	573.16	0.0100	get 0.0100% / 8h	4h 07m	$17K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$90.43
Price spread: +0.078% → 0.000%: $7.82
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$101.61
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; HTX: 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 Nado no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Nado and HTX: 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	573.26	+0.096%	$20K	$49K	20x	as long as short
Bybit DELLUSDT	0.0000%	8h	572.96	+0.043%	$6.1M	$3.8M	50x	as long as short
Bitget DELLUSDT	0.0000%	8h	573.12	+0.071%	$3.7M	$4.5M	20x	as long as short
Lighter DELL	+0.0032%	1h	573.31	+0.104%	$34K	$12K	10x	as long as short
Injective DELL/USDC PERP	+0.0033%	1h	573.13	+0.073%	$4K	$10K	12x	as long as short
tradeXYZ xyz:DELL	+0.0050%	1h	572.62	−0.016%	$7.6M	$6.8M	10x	as long as short
Polymarket Perps DELL-USD	+0.0050%	1h	573.11	+0.070%	$7K	$54K	10x	as long as short
OKX DELL-USDT-SWAP	+0.0093%	8h	573.20	+0.085%	$5.8M	$6.8M	20x	as long as short
KuCoin DELLUSDTM	+0.0100%	8h	573.19	+0.083%	$938K	$304K	20x	as long as short
Orderly PERP_DELL_USDC_mythos	+0.0100%	8h	573.63	+0.160%	$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-USDTshort	+0.0100%	8h	573.16	+0.078%	$17K	$52K	10x
Gate DELL_USDT	+0.0180%	8h	573.42	+0.124%	$4.0M	$6.4M	50x	as long as short
Variational Omni DELL	+0.0260%	8h	573.24	+0.092%	$258K	$50K	—	as long as short
Binance DELLUSDT	+0.0350%	8h	573.30	+0.103%	$18.2M	$67.6M	20x	as long as short
Extended DELL-USD	+0.0352%	1h	573.09	+0.065%	$334K	$2.6M	10x	as long as short
BloFin DELL-USDT	+0.0379%	8h	573.58	+0.152%	$325K	$242K	20x	as long as short
edgeX DELLUSDC	+0.0460%	4h	573.29	+0.101%	$5K	$332K	10x	as long as short
Nado DELL-PERPlong	+0.0531%	1h	572.71	long leg	$69K	$20K	10x
GRVT DELL_USDT_Perp	+0.0535%	8h	573.43	+0.125%	$1K	$133K	10x	as long as short
Phoenix DELL	+0.1028%	1h	573.06	+0.061%	$3K	$230K	10x	as long as short