Funding you earn now, next payment 21:00 UTC−0.0626%/8h= −68.5% APRpaid last 24h −0.121%
Price spread now: Aster against Phoenix+0.183%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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. Aster is 0.183% dearer against Phoenix than usual: you sell high and buy low (spread +0.183% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 23 hours. The two prices were read 65 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 | Phoenix DELL | 574.96 | 0.0626 | pay 0.0078% / 1h | 30m 24s | $3K | $280K | 10x |
| Short | Aster DELLUSDT | 576.01 | 0 | get 0.0000% / 8h | 2h 30m | $21K | $50K | 20x |
Phoenix DELL
Aster DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$131.42
- Price spread: +0.183% → 0.000%
- $18.26
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$128.16
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 54 min ago; Aster: 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 Phoenix live order book, 54 min ago | 2.95 bp | 10.1 bp −$10 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 DELLUSDTshort | 0.0000% | 8h | 576.01 | +0.183% | $21K | $50K | 20x | |
| Extended DELL-USD | 0.0000% | 1h | 575.94 | +0.171% | $338K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | 0.0000% | 8h | 576.03 | +0.186% | $18.8M | $65.5M | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.71 | +0.130% | $4.5M | $7.7M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.64 | +0.118% | $3.3M | $4.7M | 20x | as long as short |
| Variational Omni DELL | 0.0000% | 8h | 575.73 | +0.135% | $261K | $82K | — | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 575.81 | +0.148% | $731 | $183K | 10x | as long as short |
| BloFin DELL-USDT | +0.0010% | 8h | 575.91 | +0.165% | $320K | $219K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.22 | +0.219% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.572% | $8K | $83K | 12x | as long as short |
Extended DELL-USD
Binance DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Lighter DELL
Injective DELL/USDC PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELL | +0.0061% | 1h | 575.04 | +0.014% | $7.4M | $7.2M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.74 | +0.136% | $943K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.34 | +0.240% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.54 | +0.101% | $18K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0110% | 8h | 575.73 | +0.134% | $5.9M | $3.6M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0266% | 8h | 575.98 | +0.177% | $5.9M | $6.8M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0385% | 1h | 575.65 | +0.120% | $754 | $23K | 10x | as long as short |
| edgeX DELLUSDC | +0.0574% | 4h | 575.91 | +0.166% | $5K | $334K | 10x | as long as short |
| Phoenix DELLlong | +0.0626% | 1h | 574.96 | long leg | $3K | $280K | 10x | |
| Nado DELL-PERP | +0.0775% | 1h | 574.81 | −0.027% | $70K | $13K | 10x | as long as short |
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
edgeX DELLUSDC
Nado DELL-PERP