DELL Funding Rate — live across 13 venues

Compared across 13 supported venues · net of estimated fees · updated every few minutes

Live annualized DELL perpetual funding across all 13 venues Perpia tracks. Right now DELL funding is positive on 6 and negative on 0, ranging from +30.2% on Nado to +0.0% on Aster — a spread of 30.2%. The widest delta-neutral trade is long Extended / short Nado at 25.6% net APR.

venues

paying positive

30.2%

funding spread

Best DELL spread now

25.6%

net APR after fees

Long Extended→Short Nado

size depends on live venue depth — see the real cap in the scanner

DELL funding trend & liquidity

168h of history

30.2%

current gross APR

1.9%

24h average

-4.3%

7-day average

$54K

pair OI · lower leg

$119K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

DELL funding rate history

30d · 6h buckets · 12 venues

63.6%0-94.6%

4 Aug3 Sep

DELL — average across 12 venuesAsterExtendedBitgetKuCoin

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +2.0%. A break in a line means no data was recorded for that stretch, not a zero rate.

DELL funding rate by venue

32 pairs scanned

Venue	Funding APR	Interval
Nado ↗	+30.2%	24h
KuCoin ↗	+10.9%	8h
Hyperliquid ↗	+5.5%	1h
trade.xyz ↗	+5.5%	1h
Vest ↗	+5.0%	1h
Lighter ↗	+3.5%	8h
Extended ↗	+0.0%	1h
Variational ↗	+0.0%	8h
OKX ↗	+0.0%	8h
Gate.io ↗	+0.0%	8h
Bitget ↗	+0.0%	8h
Bybit ↗	+0.0%	8h
Aster ↗	+0.0%	8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Extended vs Nado page.

DELL arbitrage — 30-day backtest

long Extended · short Nado

7.3%

backtested APR

+$60

historical net P&L on $10,000

0.34%

max drawdown

$10,000$10,060

30 days agostarting capital $10,000today

Over the last 30 days, holding long Extended / short Nado would have produced 7.3% APR — versus the 25.6% the live spread implies right now (equity $10,000 → $10,060). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading DELL backtest…

DELL funding — FAQ

Is DELL funding positive right now?

DELL perpetual funding is positive on 6 of 13 venues Perpia tracks. The highest is +30.2% on Nado; the lowest is +0.0% on Aster.

What is the best DELL funding arbitrage right now?

Go long Extended and short Nado for about 25.6% net APR after fees — the widest delta-neutral DELL spread Perpia currently sees.

Which exchange has the highest DELL funding rate?

Nado, at +30.2% annualized. Funding shifts continuously, so check the live table above before trading.

How DELL funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to DELL

Markets also quoted on both Extended and Nado — the same two exchanges you would already have funded for the DELL trade.

See every spread between them on the Extended vs Nado page.

Open the live scanner →All funding rates Funding by exchange How we calculate this