Funding you earn now, next payment 20:00 UTC+0.0611%/8h= +66.9% APRnext payment +$0.76 per $10,000 · paid last 24h +0.127%
Price spread now: Phoenix against Extended−0.152%68s7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.708%+$71 on $10k
+Price spread, last 3 days (all we have)+0.194%+$19 · spread now −0.152%, 7d avg +0.063%
=Together, before fees+0.902%+ Points / potential airdropExtended: Active · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.215% cheaper against Extended than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.063%). If the spread goes back, that is −$21 on $10k: about 28 hours of funding at the current rate (+$18 a day). The two prices were read 68 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 | Extended DELL-USD | 575.75 | 0 | get 0.0000% / 1h | 30m 17s | $338K | $1.1M | 10x |
| Short | Phoenix DELL | 574.87 | 0.0611 | get 0.0076% / 1h | 30m 17s | $3K | $280K | 10x |
Extended DELL-USD
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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: −0.152% → +0.063%
- −$21.49
- Slippage, 4 orders
- −$42
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $52.88
- Costs to cover
- 0.540%
- Break-even
- 4.1 days
Slippage from Extended: live order book, 4 min ago; Phoenix: live order book, 15 min ago.
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 Extended live order book, 4 min ago | 2.52 bp | 17.6 bp −$18 | 200.6 bp −$2,006 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 575.02 | −0.126% | $21K | $50K | 20x | as long as short |
| Extended DELL-USDlong | 0.0000% | 1h | 575.75 | long leg | $338K | $1.1M | 10x | |
| Binance DELLUSDT | 0.0000% | 8h | 575.80 | +0.009% | $18.7M | $64.6M | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 575.73 | −0.003% | $5.9M | $3.5M | 50x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.55 | −0.034% | $4.6M | $7.6M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.19 | −0.097% | $3.3M | $4.6M | 20x | as long as short |
| Variational Omni DELL | 0.0000% | 8h | 575.72 | −0.005% | $261K | $82K | — | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 575.19 | −0.097% | $846 | $178K | 10x | as long as short |
| BloFin DELL-USDT | +0.0008% | 8h | 575.92 | +0.030% | $322K | $215K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.36 | −0.067% | $34K | $11K | 10x | as long as short |
Aster DELLUSDT
Binance DELLUSDT
Bybit DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
BloFin DELL-USDT
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 | −0.708% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.87 | −0.152% | $7.3M | $7.1M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.28 | −0.081% | $942K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.36 | +0.107% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.09 | +0.060% | $18K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0116% | 8h | 575.81 | +0.011% | $5.9M | $6.6M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0297% | 1h | 575.47 | −0.048% | $1K | $22K | 10x | as long as short |
| edgeX DELLUSDC | +0.0330% | 4h | 575.35 | −0.068% | $5K | $334K | 10x | as long as short |
| Phoenix DELLshort | +0.0611% | 1h | 574.87 | −0.152% | $3K | $280K | 10x | |
| Nado DELL-PERP | +0.0654% | 1h | 574.54 | −0.209% | $70K | $12K | 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
edgeX DELLUSDC
Nado DELL-PERP