Funding you earn now, next payment 22:00 UTC+0.0528%/8h= +57.8% APRpaid last 24h +0.126%
Price spread now: Phoenix against Variational Omni−0.089%7-day average +0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.089%, 7d avg +0.028%
=Together, before fees+0.192%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.116% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.028%). If the spread goes back, that is −$12 on $10k: about 18 hours of funding at the current rate (+$16 a day). At the pace of the last 3 days (+0.234% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DELL | 575.83 | 0 | get 0.0000% / 8h | 1h 44m | $260K | $82K | — |
| Short | Phoenix DELL | 575.32 | 0.0528 | get 0.0066% / 1h | 44m 37s | $3K | $280K | 10x |
Variational Omni DELL
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- $110.93
- Price spread: −0.089% → +0.028%
- −$11.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $92.29
- Costs to cover
- 0.070%
- Break-even
- 1.2 days
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Phoenix: live order book, 35 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 Variational Omni RFQ quote, 39 min ago | 3.41 bp | doesn't fit | 53.8 bp −$538 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 35 min ago | 2.61 bp | 9.4 bp −$9 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DELL-USDT | −0.0008% | 8h | 576.02 | +0.033% | $319K | $219K | 20x | as long as short |
| Aster DELLUSDT | 0.0000% | 8h | 575.12 | −0.124% | $21K | $50K | 20x | as long as short |
| Extended DELL-USD | 0.0000% | 1h | 575.86 | +0.005% | $338K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | 0.0000% | 8h | 575.97 | +0.024% | $18.7M | $65.6M | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.69 | −0.024% | $4.5M | $7.8M | 50x | as long as short |
| Variational Omni DELLlong | 0.0000% | 8h | 575.83 | long leg | $260K | $82K | — | |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 575.78 | −0.008% | $1K | $181K | 10x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.24 | +0.071% | $34K | $11K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.723% | $8K | $83K | 12x | as long as short |
| Bitget DELLUSDT | +0.0037% | 8h | 575.45 | −0.066% | $3.3M | $4.6M | 20x | as long as short |
BloFin DELL-USDT
Aster DELLUSDT
Extended DELL-USD
Binance DELLUSDT
Gate DELL_USDT
GRVT DELL_USDT_Perp
Lighter DELL
Injective DELL/USDC PERP
Bitget DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELL | +0.0050% | 1h | 575.05 | −0.136% | $7.3M | $7.2M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.46 | −0.064% | $943K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.41 | +0.101% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.73 | +0.156% | $18K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0194% | 8h | 575.61 | −0.038% | $5.9M | $3.6M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0378% | 8h | 575.93 | +0.017% | $5.9M | $6.8M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0386% | 1h | 575.66 | −0.030% | $754 | $23K | 10x | as long as short |
| Phoenix DELLshort | +0.0528% | 1h | 575.32 | −0.089% | $3K | $280K | 10x | |
| Nado DELL-PERP | +0.0774% | 1h | 574.91 | −0.160% | $70K | $13K | 10x | as long as short |
| edgeX DELLUSDC | +0.0849% | 4h | 575.84 | +0.002% | $5K | $334K | 10x | as long as short |
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
Nado DELL-PERP
edgeX DELLUSDC