Funding you earn now, next payment 23:00 UTC−0.0098%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h +0.063%
Price spread now: Phoenix against Nado+0.133%117s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phoenix is 0.133% dearer against Nado than usual: you sell high and buy low (spread +0.133% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DELL-PERP | 577.30 | 0.0668 | pay 0.0084% / 1h | 25m 37s | $70K | $13K | 10x |
| Short | Phoenix DELL | 578.07 | 0.0570 | get 0.0071% / 1h | 25m 37s | $3K | $280K | 10x |
Nado DELL-PERP
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.63
- Price spread: +0.133% → 0.000%
- $13.33
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$21.3
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Phoenix: live order book, 50 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 Phoenix live order book, 50 min ago | 2.61 bp | 9.4 bp −$9 | 18.8 bp −$188 | 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 | 577.99 | +0.119% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.96 | +0.114% | $4.4M | $7.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.59 | +0.223% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.975% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 577.53 | +0.040% | $7.4M | $7.3M | 10x | as long as short |
| Bitget DELLUSDT | +0.0070% | 8h | 578.19 | +0.154% | $3.4M | $4.7M | 20x | as long as short |
| Variational Omni DELL | +0.0079% | 8h | 578.43 | +0.195% | $261K | $82K | — | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.41 | +0.019% | $945K | $33K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.99 | +0.293% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.96 | +0.288% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Bitget DELLUSDT
Variational Omni DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DELL-USDT | +0.0178% | 8h | 578.48 | +0.204% | $321K | $219K | 20x | as long as short |
| Bybit DELLUSDT | +0.0179% | 8h | 577.89 | +0.102% | $5.9M | $3.6M | 50x | as long as short |
| GRVT DELL_USDT_Perp | +0.0190% | 8h | 578.41 | +0.192% | $729 | $172K | 10x | as long as short |
| Extended DELL-USD | +0.0192% | 1h | 578.30 | +0.173% | $339K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0199% | 8h | 578.40 | +0.191% | $18.8M | $66.2M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0321% | 1h | 578.21 | +0.158% | $757 | $23K | 10x | as long as short |
| edgeX DELLUSDC | +0.0469% | 4h | 578.34 | +0.180% | $5K | $332K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0540% | 8h | 578.26 | +0.166% | $5.9M | $6.7M | 20x | as long as short |
| Phoenix DELLshort | +0.0570% | 1h | 578.07 | +0.133% | $3K | $280K | 10x | |
| Nado DELL-PERPlong | +0.0668% | 1h | 577.30 | long leg | $70K | $13K | 10x |
BloFin DELL-USDT
Bybit DELLUSDT
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
Polymarket Perps DELL-USD
edgeX DELLUSDC
OKX DELL-USDT-SWAP