DELL funding rates

DELL perpetual funding across 11 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
8.1%long Extended, short Lighter · net 6.8%
Highest funding now
30.9%Polymarket
Lowest funding now
−8.8%Extended
Listed on
11 venues

Funding by venue

7d chartFlagsOpen
PolymarketDELL-USD30.9%32.7%13.0%3.1%9.7%94%1h09:00584.27$5k$14kTradFiPmPolymarket
RWA PerpPERP_DELL_USDC_mythos10.9%11.0%10.9%10.5%10.9%100%8h16:00584.38$791$0TradFiRwRWA Perp
LighterDELL3.5%3.5%3.5%3.5%3.5%100%1h09:00587.65$40k$296TradFiLiLighter
NadoDELL-PERP_USDT03.0%−5.3%−4.4%25.3%−4.2%41%1h09:00584.26$33k$4kTradFiNaNado
AsterDELLUSDT0.0%0.0%0.0%−0.1%0.0%0%8h16:00584.74$18k$1kTradFiAsAster
GRVTDELL_USDT_Perp0.0%−4.1%−4.1%−1.5%−4.1%0%8h16:00584.48$3k$135kTradFiGrGRVT
VariationalDELL0.0%0.0%−3.0%−0.9%−3.6%0%8h—584.07$250k$135kTradFiVaVariational
BybitCEXDELLUSDT0.0%0.0%−0.5%−0.2%−0.5%0%8h16:00584.61$2.0M$561kTradFiByBybit
BitgetCEXDELLUSDT0.0%0.0%−3.8%−1.8%−4.4%0%8h16:00584.04$1.4M$1.3MTradFiBgBitget
GateCEXDELL_USDT0.0%0.0%0.0%4.3%0.0%1%8h16:00584.42$3.3M$769kTradFiGtGate
ExtendedDELL-USD−8.8%−1.4%−4.6%−1.5%−5.2%0%1h09:00583.87$152k$843kTradFiExExtended

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
ExtendedPolymarket39.7%34.1%17.7%4.6%14.3%21.4%2.7dsteady$5klow OITradFiinvite onlyExPmcalc
VariationalPolymarket30.9%32.7%16.1%4.0%14.0%21.0%1.8dsteady$5klow OI8h/1hTradFiinvite onlyspread not incl.VaPmcalc
NadoPolymarket27.9%38.0%17.4%−22.2%13.5%20.2%3.1dsteady$5klow OITradFiinvite onlyNaPmcalc
GRVTPolymarket30.9%36.8%17.1%4.6%12.7%19.0%3.6dsteady$3klow OI8h/1hTradFiinvite onlyGrPmcalc
BitgetCEXPolymarket30.9%32.7%16.8%4.9%11.6%17.4%4.3dsteady$5klow OI8h/1hTradFiinvite onlyBgPmcalc
ExtendedLighter12.3%4.9%8.1%5.0%6.8%10.3%2.2dsteady$40klow OITradFiExLicalc
VariationalLighter3.5%3.5%6.6%4.3%6.6%9.8%<0.1dsteady$40klow OI8h/1hTradFispread not incl.VaLicalc
NadoLighter0.5%8.8%7.9%−21.9%6.1%9.1%3.2dsteady$33klow OITradFiNaLicalc
GRVTLighter3.5%7.6%7.6%5.0%5.2%7.8%4.3dsteady$3klow OI8h/1hTradFiGrLicalc
AsterPolymarket30.9%32.7%13.0%3.1%8.9%13.3%4.5dspike ×3.4$5klow OI8h/1hTradFiinvite onlyAsPmcalc
BybitCEXPolymarket30.9%32.7%13.5%3.3%8.5%12.8%5.1dspike ×3.2$5klow OI8h/1hTradFiinvite onlyByPmcalc
BitgetCEXLighter3.5%3.5%7.3%5.2%4.1%6.2%6.0dsteady$40klow OI8h/1hTradFiBgLicalc
LighterPolymarket27.4%29.2%9.5%−0.4%7.4%11.2%3.1dspike ×4.7$5klow OITradFiinvite onlyLiPmcalc
GateCEXPolymarket30.9%32.7%13.0%−1.2%7.0%10.5%6.4dspike ×3.4$5klow OI8h/1hTradFiinvite onlyGtPmcalc
AsterLighter3.5%3.5%3.5%3.5%1.4%2.1%8.3dweak$18klow OI8h/1hTradFiAsLicalc
ExtendedAster8.8%1.4%4.6%1.4%1.2%1.9%10dsteady$18klow OI1h/8hTradFiExAscalc
BybitCEXLighter3.5%3.5%4.0%3.7%1.1%1.7%10dweak$40klow OI8h/1hTradFiByLicalc
VariationalAster0.0%0.0%3.0%0.8%1.0%1.4%9.6dweak$18klow OITradFispread not incl.VaAscalc
ExtendedVariational8.8%1.4%1.6%0.6%0.3%0.4%12dweak$152k1h/8hTradFispread not incl.ExVacalc
NadoAster−3.0%5.3%4.4%−25.4%0.5%0.7%12dmixed$18klow OI1h/8hTradFiNaAscalc
ExtendedBybitCEX8.8%1.4%4.2%1.3%0.0%0.0%14dweak$152k1h/8hTradFiExBycalc
VariationalBybitCEX0.0%0.0%2.6%0.7%−0.3%−0.4%16dweak$250kTradFispread not incl.VaBycalc
ExtendedGateCEX8.8%1.5%4.6%5.8%−0.6%−0.9%16dsteady$152k1h/8hTradFiExGtcalc
GRVTAster0.0%4.1%4.1%1.5%−0.4%−0.5%15dweak$3klow OITradFiGrAscalc
GateCEXLighter3.5%3.5%3.5%−0.8%−0.4%−0.6%16dweak$40klow OI8h/1hTradFiGtLicalc
VariationalGateCEX0.0%0.0%3.1%5.2%−0.9%−1.3%18dweak$250kTradFispread not incl.VaGtcalc
NadoVariational−3.0%5.3%1.3%−26.2%−0.5%−0.7%19dmixed$33klow OI1h/8hTradFispread not incl.NaVacalc
BitgetCEXVariational0.0%0.0%0.7%0.9%−2.4%−3.6%61dweak$250kTradFispread not incl.BgVacalc
GRVTVariational0.0%4.1%1.0%0.7%−1.3%−2.0%32dweak$3klow OITradFispread not incl.GrVacalc
BitgetCEXBybitCEX0.0%0.0%3.3%1.6%−2.7%−4.0%25dweak$1.4MTradFiBgBycalc
BitgetCEXAster0.0%0.0%3.8%1.7%−1.4%−2.2%19dweak$18klow OITradFiBgAscalc
NadoBybitCEX−3.0%5.3%3.9%−25.5%−0.8%−1.2%17dmixed$33klow OI1h/8hTradFiNaBycalc
GRVTBybitCEX0.0%4.1%3.6%1.3%−1.6%−2.4%20dweak$3klow OITradFiGrBycalc
BitgetCEXGateCEX0.0%0.0%3.8%6.1%−3.3%−4.9%26dweak$1.4MTradFiBgGtcalc
ExtendedBitgetCEX8.8%1.4%0.9%−0.3%−3.6%−5.3%71dweak$152k1h/8hTradFiExBgcalc
GRVTGateCEX0.0%4.1%4.1%5.8%−2.2%−3.3%21dweak$3klow OITradFiGrGtcalc
NadoGateCEX−3.0%5.3%4.4%−21.0%−1.3%−2.0%18dmixed$33klow OI1h/8hTradFiNaGtcalc
ExtendedGRVT8.8%−2.7%0.6%0.0%−3.1%−4.6%91dweak$3klow OI1h/8hTradFiExGrcalc
BybitCEXGateCEX0.0%0.0%0.5%4.5%−6.3%−9.5%201dweak$2.0MTradFiByGtcalc
BybitCEXAster0.0%0.0%0.5%0.2%−4.5%−6.7%148dweak$18klow OITradFiByAscalc
GRVTBitgetCEX0.0%4.1%0.3%−0.2%−5.2%−7.7%248dweak$3klow OITradFiGrBgcalc
ExtendedNado11.8%−3.9%0.3%26.8%−2.9%−4.3%175dmixed$33klow OITradFiExNacalc
AsterGateCEX0.0%0.0%0.0%4.4%−6.0%−9.0%>999dweak$18klow OITradFiAsGtcalc
VariationalNado3.0%−5.3%−1.3%26.2%−3.2%−4.7%—mixed$33klow OI8h/1hTradFispread not incl.VaNacalc
NadoGRVT−3.0%1.2%0.3%−26.8%−3.9%−5.8%189dmixed$3klow OI1h/8hTradFiNaGrcalc
NadoBitgetCEX−3.0%5.3%0.6%−27.1%−4.3%−6.5%112dmixed$33klow OI1h/8hTradFiNaBgcalc
GRVTNado3.0%−1.2%−0.3%26.8%−4.5%−6.7%—mixed$3klow OI8h/1hTradFiGrNacalc
BitgetCEXNado3.0%−5.3%−0.6%27.1%−5.6%−8.4%—mixed$33klow OI8h/1hTradFiBgNacalc
AsterNado3.0%−5.3%−4.4%25.4%−8.3%−12.4%—mixed$18klow OI8h/1hTradFiAsNacalc
BybitCEXNado3.0%−5.3%−3.9%25.5%−8.6%−12.9%—mixed$33klow OI8h/1hTradFiByNacalc
GateCEXNado3.0%−5.3%−4.4%21.0%−10.1%−15.2%—mixed$33klow OI8h/1hTradFiGtNacalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 08:01 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

DELL · TradFi

No two venues give a usable spread right now.

DELL: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Lighter587.65Aster584.742Bybit584.61GRVT584.482Gate584.42RWA Perp584.38Polymarket584.27Nado584.258Variational584.065Bitget584.04Extended583.866
Extended583.8660.646%0.150%0.127%0.105%0.095%0.088%0.069%0.067%0.034%0.030%—
Bitget584.040.616%0.120%0.098%0.076%0.065%0.058%0.039%0.037%0.004%—−0.030%
Variational584.0650.612%0.116%0.093%0.071%0.061%0.054%0.035%0.033%—−0.004%−0.034%
Nado584.2580.579%0.083%0.060%0.038%0.028%0.021%0.002%—−0.033%−0.037%−0.067%
Polymarket584.270.577%0.081%0.058%0.036%0.026%0.019%—−0.002%−0.035%−0.039%−0.069%
RWA Perp584.380.558%0.062%0.039%0.018%0.007%—−0.019%−0.021%−0.054%−0.058%−0.088%
Gate584.420.551%0.055%0.033%0.011%—−0.007%−0.026%−0.028%−0.061%−0.065%−0.095%
GRVT584.4820.541%0.044%0.022%—−0.011%−0.018%−0.036%−0.038%−0.071%−0.076%−0.105%
Bybit584.610.519%0.023%—−0.022%−0.033%−0.039%−0.058%−0.060%−0.093%−0.098%−0.127%
Aster584.7420.496%—−0.023%−0.044%−0.055%−0.062%−0.081%−0.083%−0.116%−0.120%−0.150%
Lighter587.65—−0.496%−0.519%−0.541%−0.551%−0.558%−0.577%−0.579%−0.612%−0.616%−0.646%
All quotes (11)
VenueBidAskQualityAgeVol 24hFlags
Aster584.742584.742mark5m$1kclosedno FX
BitgetCEX584.04584.04mark4m$1.3Mclosedno FX
BybitCEX584.61584.61mark4m$561kclosedno FX
Extended583.866583.866mark5m$843kclosed
GateCEX584.42584.42mark4m$769kclosedno FX
GRVT584.482584.482mark5m$135kclosedno FX
Lighter587.65587.65mark5m$296closed
Nado584.258584.258mark5m$4kclosedno FX
Polymarket584.27584.27mark5m$14kclosed
RWA Perp584.38584.38mark5m$0closed
Variational584.065584.065mark5m$135kclosed

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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