Funding you earn now, next payment 01:00 UTC−0.0543%/8h= −59.5% APRpaid last 24h +0.012%
Price spread now: edgeX against Phoenix+0.009%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 4 days (all we have)+0.364%+$36 · spread now +0.009%, 7d avg −0.032%
=Together, before fees−0.063%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.041% dearer against Phoenix than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.032%): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.427% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 575.99 | 0.0789 | pay 0.0099% / 1h | 3m 28s | $3K | $258K | 10x |
| Short | edgeX DELLUSDC | 576.04 | 0.0245 | get 0.0123% / 4h | 2h 03m | $5K | $334K | 10x |
Phoenix DELL
edgeX DELLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$114.11
- Price spread: +0.009% → −0.032%
- $4.11
- Slippage, 4 orders
- −$28.39
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$154.38
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 62 min ago; edgeX: live order book, 65 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, 62 min ago | 2.77 bp | 9.8 bp −$10 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 65 min ago | 4.41 bp | 15.6 bp −$16 | 101.4 bp −$1,014 | doesn't fit | doesn't fit |
DELL on 19 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 | 575.24 | −0.130% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.55 | −0.076% | $4.1M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.64 | −0.061% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.81 | −0.031% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.750% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.62 | −0.238% | $7.5M | $7.0M | 10x | as long as short |
| Bybit DELLUSDT | +0.0064% | 8h | 575.45 | −0.094% | $6.1M | $3.9M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.11 | −0.153% | $942K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.32 | +0.057% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.11 | +0.021% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0162% | 1h | 575.07 | −0.160% | $7K | $54K | 10x | as long as short |
| edgeX DELLUSDCshort | +0.0245% | 4h | 576.04 | +0.009% | $5K | $334K | 10x | |
| Variational Omni DELL | +0.0522% | 8h | 576.24 | +0.044% | $263K | $87K | — | as long as short |
| OKX DELL-USDT-SWAP | +0.0589% | 8h | 575.48 | −0.089% | $5.8M | $6.6M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 575.62 | −0.063% | $339K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0635% | 8h | 575.77 | −0.038% | $18.7M | $65.1M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0670% | 8h | 576.19 | +0.035% | $1K | $153K | 10x | as long as short |
| Nado DELL-PERP | +0.0761% | 1h | 575.13 | −0.149% | $69K | $18K | 10x | as long as short |
| Phoenix DELLlong | +0.0789% | 1h | 575.99 | long leg | $3K | $258K | 10x |
Polymarket Perps DELL-USD
Variational Omni DELL
OKX DELL-USDT-SWAP
Extended DELL-USD
Binance DELLUSDT
GRVT DELL_USDT_Perp
Nado DELL-PERP