Funding you earn now, next payment 02:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.058%
Price spread now: Phoenix against Nado+0.081%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$1 a day on $10k at the current rate, and Phoenix is 0.081% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Nado DELL-PERP | 577.18 | 0.0673 | pay 0.0084% / 1h | 1m 53s | $69K | $18K | 10x |
| Short | Phoenix DELL | 577.65 | 0.0723 | get 0.0090% / 1h | 1m 53s | $3K | $258K | 10x |
Nado DELL-PERP
Phoenix DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $10.37
- Price spread: +0.081% → 0.000%
- $8.07
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $4.44
- Costs to cover
- 0.140%
- Break-even
- 4.0 days
Slippage unknown: Nado: no order-book sample; Phoenix: live order book, 58 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 Nado no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 58 min ago | 2.61 bp | 9.4 bp −$9 | 18.7 bp −$187 | doesn't fit | doesn't fit |
Nado: 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 | 577.20 | +0.002% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.47 | +0.049% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 577.36 | +0.030% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0002% | 8h | 577.49 | +0.053% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.85 | +0.115% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.955% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 577.01 | −0.030% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 577.26 | +0.013% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.08 | −0.018% | $946K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.04 | +0.148% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 577.57 | +0.067% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0452% | 8h | 577.29 | +0.018% | $5.8M | $6.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0480% | 8h | 577.96 | +0.134% | $902 | $151K | 10x | as long as short |
| edgeX DELLUSDC | +0.0499% | 4h | 577.81 | +0.109% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0513% | 8h | 577.78 | +0.104% | $264K | $86K | — | as long as short |
| Extended DELL-USD | +0.0608% | 1h | 577.35 | +0.028% | $335K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0611% | 8h | 577.57 | +0.067% | $18.7M | $65.0M | 20x | as long as short |
| BloFin DELL-USDT | +0.0632% | 8h | 577.50 | +0.055% | $275K | $220K | 20x | as long as short |
| Nado DELL-PERPlong | +0.0673% | 1h | 577.18 | long leg | $69K | $18K | 10x | |
| Phoenix DELLshort | +0.0723% | 1h | 577.65 | +0.081% | $3K | $258K | 10x |
HTX DELL-USDT
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT