Funding you earn now, next payment 07:00 UTC−0.0421%/8h= −46.1% APRnext payment −$0.53 per $10,000 · paid last 24h −0.112%
Price spread now: Extended against Phoenix−0.132%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.673%−$67 on $10k
+Price spread, last 4 days (all we have)+0.625%+$63 · spread now −0.132%, 7d avg −0.049%
=Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Extended is 0.083% cheaper against Phoenix than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 574.29 | 0.0893 | pay 0.0112% / 1h | 39m 06s | $3K | $228K | 10x |
| Short | Extended DELL-USD | 573.53 | 0.0472 | get 0.0059% / 1h | 39m 06s | $333K | $2.6M | 10x |
Phoenix DELL
Extended DELL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$88.4
- Price spread: −0.132% → −0.049%
- −$8.3
- Slippage, 4 orders
- −$38.58
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$147.28
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 61 min ago; Extended: live order book, 5 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, 61 min ago | 2.62 bp | 9.6 bp −$10 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 1.39 bp | 15.1 bp −$15 | 179.1 bp −$1,791 | doesn't fit | doesn't fit |
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 | 572.97 | −0.231% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.93 | −0.063% | $4.1M | $7.0M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.90 | −0.068% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.11 | −0.031% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.456% | $8K | $83K | 12x | as long as short |
| Bybit DELLUSDT | +0.0049% | 8h | 573.71 | −0.101% | $6.1M | $4.0M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0097% | 1h | 573.42 | −0.151% | $7.5M | $6.9M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.31 | −0.171% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.24 | −0.009% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.07 | −0.038% | $18K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
tradeXYZ xyz: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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0122% | 4h | 574.19 | −0.017% | $5K | $333K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0148% | 1h | 573.74 | −0.096% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0202% | 8h | 573.89 | −0.070% | $5.9M | $6.8M | 20x | as long as short |
| Variational Omni DELL | +0.0373% | 8h | 574.23 | −0.011% | $259K | $61K | — | as long as short |
| Binance DELLUSDT | +0.0470% | 8h | 573.85 | −0.076% | $18.4M | $66.8M | 20x | as long as short |
| Extended DELL-USDshort | +0.0472% | 1h | 573.53 | −0.132% | $333K | $2.6M | 10x | |
| BloFin DELL-USDT | +0.0484% | 8h | 574.19 | −0.017% | $323K | $234K | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0498% | 8h | 574.21 | −0.014% | $861 | $146K | 10x | as long as short |
| Nado DELL-PERP | +0.0622% | 1h | 574.10 | −0.034% | $69K | $20K | 10x | as long as short |
| Phoenix DELLlong | +0.0893% | 1h | 574.29 | long leg | $3K | $228K | 10x |
edgeX DELLUSDC
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
Binance DELLUSDT
BloFin DELL-USDT
GRVT DELL_USDT_Perp
Nado DELL-PERP