Funding you earn now, next payment 05:00 UTC−0.0151%/8h= −16.5% APRpaid last 24h −0.138%
Price spread now: Variational Omni against Phoenix+0.241%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.275%−$27 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.241%, 7d avg −0.021%
=Together, before fees−0.414%+ Points / potential airdropVariational Omni: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.262% dearer against Phoenix than usual: you sell high and buy low (spread +0.241% now, against its 7-day average of −0.021%): +$26 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 574.02 | 0.0685 | pay 0.0086% / 1h | 4m 46s | $3K | $260K | 10x |
| Short | Variational Omni DELL | 575.40 | 0.0534 | get 0.0534% / 8h | 2h 04m | $259K | $61K | — |
Phoenix DELL
Variational Omni DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$31.62
- Price spread: +0.241% → −0.021%
- $26.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.43
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 41 min ago; Variational Omni: RFQ quote, 44 min ago. 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, 41 min ago | 3.83 bp | 12.1 bp −$12 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 44 min ago | 3.06 bp | doesn't fit | 27.9 bp −$279 | 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 | 574.22 | +0.035% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 574.72 | +0.122% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.63 | +0.106% | $3.7M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.66 | +0.111% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.409% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0068% | 1h | 574.09 | +0.012% | $7.5M | $7.0M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.25 | +0.040% | $942K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.50 | +0.258% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.72 | +0.296% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0126% | 8h | 574.41 | +0.068% | $6.1M | $4.0M | 50x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0137% | 1h | 574.68 | +0.115% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0287% | 8h | 574.56 | +0.094% | $5.9M | $6.7M | 20x | as long as short |
| Variational Omni DELLshort | +0.0534% | 8h | 575.40 | +0.241% | $259K | $61K | — | |
| GRVT DELL_USDT_Perp | +0.0558% | 8h | 575.44 | +0.247% | $650 | $150K | 10x | as long as short |
| Binance DELLUSDT | +0.0622% | 8h | 574.66 | +0.111% | $18.4M | $66.8M | 20x | as long as short |
| Extended DELL-USD | +0.0624% | 1h | 574.49 | +0.081% | $337K | $1.1M | 10x | as long as short |
| BloFin DELL-USDT | +0.0636% | 8h | 575.06 | +0.181% | $319K | $233K | 20x | as long as short |
| Phoenix DELLlong | +0.0685% | 1h | 574.02 | long leg | $3K | $260K | 10x | |
| Nado DELL-PERP | +0.0830% | 1h | 574.16 | +0.025% | $69K | $20K | 10x | as long as short |
| edgeX DELLUSDC | +0.0903% | 4h | 575.43 | +0.246% | $5K | $334K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
edgeX DELLUSDC