Funding you earn now, next payment 07:00 UTC−0.0893%/8h= −97.8% APRpaid last 24h −0.170%
Price spread now: Aster against Phoenix−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Aster is 0.037% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 572.28 | 0.0893 | pay 0.0112% / 1h | 17m 13s | $3K | $228K | 10x |
| Short | Aster DELLUSDT | 572.07 | 0 | get 0.0000% / 8h | 17m 13s | $20K | $49K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$187.52
- Price spread: −0.037% → 0.000%
- −$3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$206.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 18 min ago; Aster: no order-book sample. 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 Phoenix live order book, 18 min ago | 2.79 bp | 9.9 bp −$10 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 DELLUSDTshort | 0.0000% | 8h | 572.07 | −0.037% | $20K | $49K | 20x | |
| Gate DELL_USDT | 0.0000% | 8h | 572.71 | +0.075% | $4.1M | $7.0M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 572.58 | +0.052% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0024% | 8h | 572.70 | +0.073% | $6.1M | $4.0M | 50x | as long as short |
| edgeX DELLUSDC | +0.0028% | 4h | 572.68 | +0.070% | $5K | $334K | 10x | as long as short |
| Lighter DELL | +0.0032% | 1h | 572.89 | +0.107% | $33K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.107% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0083% | 1h | 572.02 | −0.045% | $7.5M | $6.9M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.20 | −0.014% | $938K | $31K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.09 | +0.142% | $3K | $336 | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 572.55 | +0.047% | $18K | $58K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0112% | 1h | 572.35 | +0.012% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0183% | 8h | 572.64 | +0.063% | $5.9M | $6.7M | 20x | as long as short |
| Variational Omni DELL | +0.0319% | 8h | 572.69 | +0.072% | $259K | $61K | — | as long as short |
| BloFin DELL-USDT | +0.0406% | 8h | 572.61 | +0.058% | $325K | $233K | 20x | as long as short |
| Binance DELLUSDT | +0.0422% | 8h | 572.75 | +0.082% | $18.3M | $66.6M | 20x | as long as short |
| Extended DELL-USD | +0.0424% | 1h | 572.60 | +0.056% | $332K | $2.6M | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0460% | 8h | 572.63 | +0.061% | $744 | $146K | 10x | as long as short |
| Nado DELL-PERP | +0.0632% | 1h | 571.98 | −0.052% | $69K | $20K | 10x | as long as short |
| Phoenix DELLlong | +0.0893% | 1h | 572.28 | long leg | $3K | $228K | 10x |
Phoenix DELL
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
edgeX DELLUSDC
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
HTX DELL-USDT
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
Variational Omni DELL
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
GRVT DELL_USDT_Perp