Funding you earn now, next payment 10:00 UTC−0.0692%/8h= −75.8% APRpaid last 24h −0.149%
Price spread now: KuCoin against Phoenix−0.097%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.097%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and KuCoin is 0.039% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 575.77 | 0.0792 | pay 0.0099% / 1h | 7m 12s | $3K | $228K | 10x |
| Short | KuCoin DELLUSDTM | 575.21 | 0.0100 | get 0.0100% / 8h | 5h 07m | $941K | $235K | 20x |
Phoenix DELL
KuCoin DELLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$145.38
- Price spread: −0.097% → −0.058%
- −$3.89
- Slippage, 4 orders
- −$176.58
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$344.85
- Costs to cover
- 1.956%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 36 min ago; KuCoin: live order book, 30 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, 36 min ago | 3.12 bp | 10.3 bp −$10 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 13.12 bp | 77.2 bp −$77 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DELL/USDC PERP | −0.0220% | 1h | 573.13 | −0.459% | $4K | $10K | 12x | as long as short |
| Aster DELLUSDT | 0.0000% | 8h | 575.30 | −0.082% | $21K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 575.82 | +0.009% | $6.2M | $3.8M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.96 | +0.033% | $3.7M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.33 | +0.097% | $34K | $12K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.62 | −0.026% | $7.6M | $6.7M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.06 | +0.050% | $7K | $55K | 10x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 575.21 | −0.097% | $941K | $235K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.53 | +0.132% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.30 | +0.092% | $17K | $51K | 10x | as long as short |
Injective DELL/USDC PERP
Aster DELLUSDT
Bybit DELLUSDT
Bitget DELLUSDT
Lighter DELL
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DELL-USDT-SWAP | +0.0143% | 8h | 576.00 | +0.040% | $5.8M | $6.8M | 20x | as long as short |
| edgeX DELLUSDC | +0.0229% | 4h | 575.85 | +0.014% | $5K | $332K | 10x | as long as short |
| Gate DELL_USDT | +0.0261% | 8h | 576.34 | +0.099% | $4.0M | $6.6M | 50x | as long as short |
| Variational Omni DELL | +0.0341% | 8h | 575.34 | −0.074% | $258K | $50K | — | as long as short |
| Binance DELLUSDT | +0.0472% | 8h | 576.05 | +0.049% | $18.4M | $67.6M | 20x | as long as short |
| Extended DELL-USD | +0.0472% | 1h | 575.85 | +0.013% | $336K | $2.6M | 10x | as long as short |
| BloFin DELL-USDT | +0.0484% | 8h | 576.20 | +0.075% | $327K | $243K | 20x | as long as short |
| Nado DELL-PERP | +0.0588% | 1h | 575.56 | −0.036% | $69K | $20K | 10x | as long as short |
| Phoenix DELLlong | +0.0792% | 1h | 575.77 | long leg | $3K | $228K | 10x | |
| GRVT DELL_USDT_Perp | +0.0966% | 8h | 575.93 | +0.028% | $1K | $132K | 10x | as long as short |
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Gate DELL_USDT
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
GRVT DELL_USDT_Perp