Funding you earn now, next payment 07:00 UTC+0.0389%/8h= +42.6% APRnext payment +$0.49 per $10,000 · paid last 24h +0.112%
Price spread now: Phoenix against Extended+0.001%68s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.673%+$67 on $10k
+Price spread, last 4 days (all we have)−0.494%−$49 · spread now +0.001%, 7d avg +0.049%
=Together, before fees+0.179%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.048% cheaper against Extended than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.049%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DELL-USD | 573.01 | 0.0504 | pay 0.0063% / 1h | 50m 18s | $333K | $2.1M | 10x |
| Short | Phoenix DELL | 573.02 | 0.0893 | get 0.0112% / 1h | 50m 18s | $3K | $228K | 10x |
Extended DELL-USD
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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
- $81.68
- Price spread: +0.001% → +0.049%
- −$4.77
- Slippage, 4 orders
- −$40.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $24.12
- Costs to cover
- 0.528%
- Break-even
- 4.9 days
Slippage from Extended: live order book, 3 min ago; Phoenix: live order book, 50 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 Extended live order book, 3 min ago | 2.62 bp | 16.7 bp −$17 | 209.7 bp −$2,097 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 50 min ago | 2.62 bp | 9.6 bp −$10 | 19.1 bp −$191 | 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 | 572.50 | −0.090% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.03 | +0.003% | $4.1M | $7.0M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.41 | +0.069% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.68 | +0.116% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.235% | $8K | $83K | 12x | as long as short |
| Bybit DELLUSDT | +0.0072% | 8h | 573.03 | +0.003% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.55 | −0.081% | $938K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.45 | +0.076% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.43 | +0.073% | $18K | $58K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0129% | 1h | 572.73 | −0.050% | $7.5M | $6.9M | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
tradeXYZ xyz:DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0173% | 4h | 573.18 | +0.030% | $5K | $333K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0193% | 1h | 572.95 | −0.011% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0218% | 8h | 573.06 | +0.008% | $5.8M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0406% | 8h | 573.12 | +0.019% | $259K | $61K | — | as long as short |
| Extended DELL-USDlong | +0.0504% | 1h | 573.01 | long leg | $333K | $2.1M | 10x | |
| Binance DELLUSDT | +0.0507% | 8h | 573.20 | +0.032% | $18.3M | $66.8M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0525% | 8h | 572.80 | −0.038% | $974 | $147K | 10x | as long as short |
| BloFin DELL-USDT | +0.0530% | 8h | 573.61 | +0.104% | $323K | $234K | 20x | as long as short |
| Nado DELL-PERP | +0.0782% | 1h | 572.36 | −0.114% | $69K | $20K | 10x | as long as short |
| Phoenix DELLshort | +0.0893% | 1h | 573.02 | +0.001% | $3K | $228K | 10x |
edgeX DELLUSDC
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
Binance DELLUSDT
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Nado DELL-PERP