Funding you earn now, next payment 02:00 UTC+0.0870%/8h= +95.3% APRpaid last 24h +0.159%
Price spread now: Phoenix against edgeX+0.031%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+0.703%+$70 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Phoenix is 0.031% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NETUSDC | 353.51 | −0.0734 | get 0.0367% / 4h | 1h 34m | $37K | $326K | 10x |
| Short | Phoenix NET | 353.62 | 0.0136 | get 0.0017% / 1h | 34m 47s | $171 | $85K | 10x |
edgeX NETUSDC
Phoenix NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- $182.69
- Price spread: +0.031% → 0.000%
- $3.13
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $169.81
- Costs to cover
- 0.160%
- Break-even
- 0.5 days
Slippage unknown: edgeX: live order book, 28 min ago; Phoenix: 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 edgeX live order book, 28 min ago | 17.26 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.
NET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX NETUSDClong | −0.0734% | 4h | 353.51 | long leg | $37K | $326K | 10x | |
| Binance NETUSDT | 0.0000% | 8h | 353.84 | +0.093% | $362K | $770K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.87 | +0.102% | $385K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.37 | −0.039% | $177K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.60 | −0.257% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.38 | −0.037% | $184K | $569K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 353.65 | +0.040% | $9K | $344K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.63 | +0.034% | $386K | $193K | 10x | as long as short |
| Paragon para:NET | +0.0060% | 1h | 352.24 | −0.359% | $175K | $37K | 10x | as long as short |
| Phoenix NETshort | +0.0136% | 1h | 353.62 | +0.031% | $171 | $85K | 10x |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET
Paragon para:NET