Funding you earn now, next payment 03:00 UTC+0.0226%/8h= +24.8% APRpaid last 24h +0.096%
Price spread now: Phoenix against HTX+0.085%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+0.521%+$52 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.085% dearer against HTX than usual: you sell high and buy low: +$8 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 | HTX NET-USDT | 353.28 | 0 | get 0.0000% / 8h | 3h 58m | $9K | $343K | 20x |
| Short | Phoenix NET | 353.58 | 0.0226 | get 0.0028% / 1h | 58m 23s | $165 | $85K | 10x |
HTX NET-USDT
Phoenix NETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $47.51
- Price spread: +0.085% → 0.000%
- $8.49
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $37.01
- Costs to cover
- 0.190%
- Break-even
- 1.5 days
Slippage unknown: HTX: live order book, 59 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 HTX live order book, 59 min ago | 557.06 bp | doesn't fit | 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 NETUSDC | −0.0495% | 4h | 353.07 | −0.059% | $37K | $329K | 10x | as long as short |
| tradeXYZ xyz:NET | −0.0062% | 1h | 353.26 | −0.006% | $385K | $194K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 353.22 | −0.016% | $366K | $773K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.67 | −0.173% | $383K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.23 | −0.014% | $177K | $104K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 352.50 | −0.221% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.30 | +0.006% | $181K | $553K | 20x | as long as short |
| HTX NET-USDTlong | 0.0000% | 8h | 353.28 | long leg | $9K | $343K | 20x | |
| Phoenix NETshort | +0.0226% | 1h | 353.58 | +0.085% | $165 | $85K | 10x | |
| Paragon para:NET | +0.1681% | 1h | 352.57 | −0.201% | $175K | $38K | 10x | as long as short |
edgeX NETUSDC
tradeXYZ xyz:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
Paragon para:NET