Funding you earn now, next payment 20:00 UTC−0.0611%/8h= −66.9% APRpaid last 24h −0.127%
Price spread now: Aster against Phoenix−0.117%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aster is 0.117% cheaper against Phoenix than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | Phoenix DELL | 575.22 | 0.0611 | pay 0.0076% / 1h | 32m 39s | $3K | $280K | 10x |
| Short | Aster DELLUSDT | 574.54 | 0 | get 0.0000% / 8h | 3h 32m | $20K | $50K | 20x |
Phoenix DELL
Aster DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$128.38
- Price spread: −0.117% → 0.000%
- −$11.75
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$155.12
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 13 min ago; Aster: 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, 13 min ago | 2.61 bp | 9.4 bp −$9 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DELL-USDT | −0.0014% | 8h | 575.35 | +0.023% | $323K | $215K | 20x | as long as short |
| Aster DELLUSDTshort | 0.0000% | 8h | 574.54 | −0.117% | $20K | $50K | 20x | |
| Extended DELL-USD | 0.0000% | 1h | 575.39 | +0.030% | $338K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | 0.0000% | 8h | 575.53 | +0.054% | $18.7M | $64.6M | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 575.28 | +0.010% | $5.9M | $3.4M | 50x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.30 | +0.014% | $4.6M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.41 | +0.033% | $3.3M | $4.6M | 20x | as long as short |
| Variational Omni DELL | 0.0000% | 8h | 575.30 | +0.015% | $261K | $82K | — | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 575.42 | +0.035% | $846 | $178K | 10x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.28 | +0.010% | $34K | $11K | 10x | as long as short |
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
Bybit DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
Lighter DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.617% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.41 | −0.141% | $7.3M | $7.1M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.94 | −0.049% | $942K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.66 | +0.076% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.30 | +0.014% | $18K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0100% | 8h | 575.70 | +0.083% | $5.9M | $6.6M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0251% | 1h | 574.84 | −0.066% | $1K | $22K | 10x | as long as short |
| Phoenix DELLlong | +0.0611% | 1h | 575.22 | long leg | $3K | $280K | 10x | |
| Nado DELL-PERP | +0.0622% | 1h | 574.19 | −0.180% | $69K | $12K | 10x | as long as short |
| edgeX DELLUSDC | +0.0835% | 4h | 575.35 | +0.022% | $5K | $333K | 10x | as long as short |
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
Nado DELL-PERP
edgeX DELLUSDC