Settings8H · net · $10k
Funding arb · Price arb /

DELL

RWAall DELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC−0.0094%/8hpaid last 24h +0.043%
Price spread now: edgeX against Phoenix+0.084%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.424%−$42 on $10k
Price spread, last 3 days (all we have)+0.290%+$29 · spread now +0.084%, 7d avg −0.044%
Together, before fees−0.135%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.127% dearer against Phoenix than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.044%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.424% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix DELL576.070.0427pay 0.0053% / 1h23m 11s$3K$280K10x
ShortedgeX DELLUSDC576.550.0333get 0.0167% / 4h23m 11s$5K$332K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phoenix. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$19.66
Price spread: +0.084% → −0.044%
$12.74
Slippage, 4 orders
−$17.87
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$40.79
Costs to cover
0.339%
Break-even
never at this rate
Slippage from Phoenix: live order book, 6 min ago; edgeX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 6 min ago2.95 bp10.2 bp −$1020.8 bp −$208doesn't fitdoesn't fit
Sell edgeX live order book, 9 min ago1.91 bp6.7 bp −$794.3 bp −$943doesn't fitdoesn't fit

DELL on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DELLUSDT0.0000%8h578.02+0.339%$21K$50K20xas long as short
Extended DELL-USD0.0000%1h577.92+0.322%$338K$1.1M10xas long as short
Binance DELLUSDT0.0000%8h578.01+0.336%$19.4M$62.2M20xas long as short
Bybit DELLUSDT0.0000%8h577.63+0.271%$6.0M$3.1M50xas long as short
OKX DELL-USDT-SWAP0.0000%8h578.31+0.389%$5.9M$6.6M20xas long as short
Gate DELL_USDT0.0000%8h577.77+0.295%$4.7M$7.4M50xas long as short
Bitget DELLUSDT0.0000%8h577.89+0.316%$3.3M$4.6M20xas long as short
Variational Omni DELL0.0000%8h576.75+0.118%$261K$82Kas long as short
GRVT DELL_USDT_Perp0.0000%8h576.38+0.054%$842$169K10xas long as short
BloFin DELL-USDT+0.0006%8h578.05+0.344%$329K$213K20xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DELL+0.0032%1h578.31+0.389%$34K$11K10xas long as short
Injective DELL/USDC PERP+0.0033%1h571.67−0.764%$8K$83K12xas long as short
tradeXYZ xyz:DELL+0.0050%1h577.41+0.233%$7.3M$6.9M10xas long as short
Polymarket Perps DELL-USD+0.0050%1h577.88+0.314%$1K$22K10xas long as short
KuCoin DELLUSDTM+0.0100%8h577.67+0.278%$946K$32K20xas long as short
Orderly PERP_DELL_USDC_mythos+0.0100%8h578.45+0.413%$3K$33610xas long as short
HTX DELL-USDT+0.0100%8h577.22+0.200%$18K$58K10xas long as short
Nado DELL-PERP+0.0306%1h577.30+0.213%$70K$12K10xas long as short
edgeX DELLUSDCshort+0.0333%4h576.55+0.084%$5K$332K10x
Phoenix DELLlong+0.0427%1h576.07long leg$3K$280K10x