Funding you earn now, next payment 03:00 UTC+0.0679%/8h= +74.3% APRpaid last 24h +0.154%
Price spread now: Phoenix against Aster+0.164%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and Phoenix is 0.164% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster DELLUSDT | 577.43 | 0 | get 0.0000% / 8h | 4h 15m | $21K | $50K | 20x |
| Short | Phoenix DELL | 578.38 | 0.0679 | get 0.0085% / 1h | 15m 20s | $3K | $258K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $142.58
- Price spread: +0.164% → 0.000%
- $16.38
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $143.96
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Phoenix: live order book, 40 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 Aster no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 40 min ago | 2.60 bp | 9.4 bp −$9 | 18.6 bp −$186 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDTlong | 0.0000% | 8h | 577.43 | long leg | $21K | $50K | 20x | |
| Gate DELL_USDT | 0.0000% | 8h | 577.97 | +0.093% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.07 | +0.110% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.62 | +0.205% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.998% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.02 | +0.101% | $948K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.77 | +0.231% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.54 | +0.191% | $18K | $59K | 10x | as long as short |
| Bybit DELLUSDT | +0.0187% | 8h | 578.29 | +0.148% | $6.2M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0214% | 1h | 577.52 | +0.015% | $7.6M | $7.0M | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0397% | 1h | 577.94 | +0.088% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0450% | 8h | 578.22 | +0.136% | $5.9M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0593% | 8h | 578.60 | +0.203% | $264K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0617% | 8h | 578.58 | +0.198% | $2K | $152K | 10x | as long as short |
| Phoenix DELLshort | +0.0679% | 1h | 578.38 | +0.164% | $3K | $258K | 10x | |
| Extended DELL-USD | +0.0688% | 1h | 578.07 | +0.111% | $334K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0691% | 8h | 578.23 | +0.138% | $18.7M | $65.9M | 20x | as long as short |
| BloFin DELL-USDT | +0.0706% | 8h | 578.69 | +0.217% | $324K | $221K | 20x | as long as short |
| edgeX DELLUSDC | +0.0795% | 4h | 578.61 | +0.204% | $5K | $335K | 10x | as long as short |
| Nado DELL-PERP | +0.0893% | 1h | 577.50 | +0.011% | $69K | $18K | 10x | as long as short |
Aster DELLUSDT
Phoenix DELL
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
HTX DELL-USDT
Bybit DELLUSDT
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
edgeX DELLUSDC