Funding you earn now, next payment 11:00 UTC−0.0528%/8h= −57.8% APRpaid last 24h −0.106%
Price spread now: BloFin against Phoenix−0.245%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days−0.675%−$67 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.245%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BloFin is 0.239% cheaper against Phoenix than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 575.78 | 0.1028 | pay 0.0128% / 1h | 48m 23s | $3K | $230K | 10x |
| Short | BloFin DELL-USDT | 574.37 | 0.0500 | get 0.0500% / 8h | 4h 48m | $327K | $243K | 20x |
Phoenix DELL
BloFin DELL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$110.78
- Price spread: −0.245% → −0.006%
- −$23.93
- Slippage, 4 orders
- −$22.63
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$176.33
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 55 min ago; BloFin: live order book, 54 min ago.
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, 55 min ago | 3.12 bp | 10.3 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 0.35 bp | 11.2 bp −$11 | 22.1 bp −$221 | doesn't fit | doesn't fit |
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 | 574.55 | −0.213% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 574.42 | −0.236% | $6.2M | $3.8M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.37 | −0.245% | $3.7M | $4.5M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.69 | −0.189% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 573.13 | −0.460% | $4K | $10K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.40 | −0.240% | $7.6M | $6.7M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 574.41 | −0.238% | $7K | $54K | 10x | as long as short |
| edgeX DELLUSDC | +0.0081% | 4h | 575.12 | −0.114% | $5K | $333K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.57 | −0.210% | $940K | $256K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.95 | −0.144% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Bybit DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
edgeX DELLUSDC
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 575.49 | −0.050% | $17K | $51K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0141% | 8h | 574.34 | −0.250% | $5.8M | $6.9M | 20x | as long as short |
| Gate DELL_USDT | +0.0251% | 8h | 574.55 | −0.214% | $4.0M | $6.3M | 50x | as long as short |
| Variational Omni DELL | +0.0389% | 8h | 575.10 | −0.119% | $259K | $50K | — | as long as short |
| Nado DELL-PERP | +0.0450% | 1h | 574.62 | −0.201% | $69K | $20K | 10x | as long as short |
| Extended DELL-USD | +0.0488% | 1h | 574.42 | −0.236% | $336K | $2.6M | 10x | as long as short |
| Binance DELLUSDT | +0.0489% | 8h | 574.62 | −0.201% | $18.3M | $67.7M | 20x | as long as short |
| BloFin DELL-USDTshort | +0.0500% | 8h | 574.37 | −0.245% | $327K | $243K | 20x | |
| GRVT DELL_USDT_Perp | +0.0964% | 8h | 575.43 | −0.061% | $938 | $132K | 10x | as long as short |
| Phoenix DELLlong | +0.1028% | 1h | 575.78 | long leg | $3K | $230K | 10x |
HTX DELL-USDT
OKX DELL-USDT-SWAP
Gate DELL_USDT
Variational Omni DELL
Nado DELL-PERP
Extended DELL-USD
Binance DELLUSDT
GRVT DELL_USDT_Perp