Funding you earn now, next payment 03:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h −0.124%
Price spread now: HTX against Phoenix+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.028% dearer against Phoenix than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.314% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.314% in total (about -16.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 578.38 | 0.0679 | pay 0.0085% / 1h | 15m 01s | $3K | $258K | 10x |
| Short | HTX DELL-USDT | 578.54 | 0.0100 | get 0.0100% / 8h | 4h 15m | $17K | $58K | 10x |
Phoenix DELL
HTX DELL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$121.58
- Price spread: +0.028% → 0.000%
- $2.77
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$137.82
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 40 min ago; HTX: 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, 40 min ago | 2.60 bp | 9.4 bp −$9 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | 577.37 | −0.175% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.97 | −0.071% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.05 | −0.057% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.63 | +0.043% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.160% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.99 | −0.067% | $947K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.77 | +0.067% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDTshort | +0.0100% | 8h | 578.54 | +0.028% | $17K | $58K | 10x | |
| Bybit DELLUSDT | +0.0187% | 8h | 578.12 | −0.045% | $6.2M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0214% | 1h | 577.44 | −0.163% | $7.6M | $7.0M | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
Bybit DELLUSDT
tradeXYZ xyz:DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0397% | 1h | 577.94 | −0.076% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0450% | 8h | 578.17 | −0.036% | $5.9M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0593% | 8h | 578.60 | +0.039% | $264K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0617% | 8h | 578.58 | +0.034% | $2K | $152K | 10x | as long as short |
| Phoenix DELLlong | +0.0679% | 1h | 578.38 | long leg | $3K | $258K | 10x | |
| Extended DELL-USD | +0.0688% | 1h | 578.07 | −0.053% | $334K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0691% | 8h | 577.99 | −0.068% | $18.7M | $65.9M | 20x | as long as short |
| BloFin DELL-USDT | +0.0718% | 8h | 578.26 | −0.021% | $323K | $221K | 20x | as long as short |
| edgeX DELLUSDC | +0.0795% | 4h | 578.61 | +0.040% | $5K | $335K | 10x | as long as short |
| Nado DELL-PERP | +0.0893% | 1h | 577.50 | −0.153% | $69K | $18K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
edgeX DELLUSDC
Nado DELL-PERP