Funding you earn now, next payment 00:00 UTC+0.0690%/8h= +75.5% APRpaid last 24h +0.112%
Price spread now: Phoenix against HTX−0.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.162% cheaper against HTX than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 19 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.293% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.293% in total (about 15.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX DELL-USDT | 580.75 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $18K | $58K | 10x |
| Short | Phoenix DELL | 579.81 | 0.0790 | get 0.0099% / 1h | 50m 57s | $3K | $280K | 10x |
HTX DELL-USDT
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $144.89
- Price spread: −0.162% → 0.000%
- −$16.19
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $109.7
- Costs to cover
- 0.190%
- Break-even
- 1.7 days
Slippage unknown: HTX: no order-book sample; Phoenix: live order book, 19 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 HTX no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 19 min ago | 2.60 bp | 9.5 bp −$10 | 19.0 bp −$190 | doesn't fit | doesn't fit |
HTX: 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 DELLUSDT | 0.0000% | 8h | 578.77 | −0.341% | $21K | $50K | 20x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.563% | $8K | $83K | 12x | as long as short |
| Lighter DELL | +0.0072% | 1h | 579.87 | −0.152% | $34K | $12K | 10x | as long as short |
| edgeX DELLUSDC | +0.0078% | 4h | 580.49 | −0.044% | $5K | $333K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 579.28 | −0.253% | $949K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 580.59 | −0.028% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDTlong | +0.0100% | 8h | 580.75 | long leg | $18K | $58K | 10x | |
| Bitget DELLUSDT | +0.0160% | 8h | 579.86 | −0.153% | $3.5M | $4.7M | 20x | as long as short |
| Variational Omni DELL | +0.0301% | 8h | 580.40 | −0.060% | $262K | $81K | — | as long as short |
| BloFin DELL-USDT | +0.0404% | 8h | 580.69 | −0.010% | $320K | $223K | 20x | as long as short |
Aster DELLUSDT
Injective DELL/USDC PERP
Lighter DELL
edgeX DELLUSDC
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
Bitget DELLUSDT
Variational Omni DELL
BloFin DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DELL-USD | +0.0408% | 1h | 580.04 | −0.122% | $336K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0411% | 8h | 580.16 | −0.102% | $18.8M | $66.0M | 20x | as long as short |
| Bybit DELLUSDT | +0.0611% | 8h | 579.68 | −0.184% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0622% | 8h | 580.62 | −0.022% | $5.9M | $6.6M | 20x | as long as short |
| tradeXYZ xyz:DELL | +0.0650% | 1h | 579.20 | −0.267% | $7.4M | $6.9M | 10x | as long as short |
| Phoenix DELLshort | +0.0790% | 1h | 579.81 | −0.162% | $3K | $280K | 10x | |
| Nado DELL-PERP | +0.0812% | 1h | 579.44 | −0.226% | $70K | $13K | 10x | as long as short |
| Gate DELL_USDT | +0.0839% | 8h | 579.83 | −0.158% | $4.2M | $7.5M | 50x | as long as short |
| Polymarket Perps DELL-USD | +0.1139% | 1h | 580.50 | −0.043% | $16K | $37K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1754% | 8h | 580.55 | −0.034% | $1K | $167K | 10x | as long as short |
Extended DELL-USD
Binance DELLUSDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
tradeXYZ xyz:DELL
Nado DELL-PERP
Gate DELL_USDT
Polymarket Perps DELL-USD
GRVT DELL_USDT_Perp