Funding you earn now, next payment 04:00 UTC−0.0363%/8h= −39.7% APRpaid last 24h −0.056%
Price spread now: edgeX against Phoenix+0.090%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.517%−$52 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.090%, 7d avg −0.029%
=Together, before fees−0.554%+ Points / potential airdropedgeX: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.119% dearer against Phoenix than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.029%): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 573.69 | 0.1040 | pay 0.0130% / 1h | 17m 49s | $3K | $260K | 10x |
| Short | edgeX DELLUSDC | 574.21 | 0.0677 | get 0.0339% / 4h | 3h 17m | $5K | $334K | 10x |
Phoenix DELL
edgeX DELLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$76.15
- Price spread: +0.090% → −0.029%
- $11.92
- Slippage, 4 orders
- −$15.15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$95.38
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 32 min ago; edgeX: live order book, 35 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 Phoenix live order book, 32 min ago | 2.78 bp | 9.6 bp −$10 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 1.21 bp | 6.0 bp −$6 | 93.5 bp −$935 | 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 | 573.50 | −0.034% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.63 | −0.010% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.85 | +0.028% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.01 | +0.056% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.352% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 573.15 | −0.094% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 573.29 | −0.070% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.49 | −0.035% | $939K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.91 | +0.038% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.95 | +0.045% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0161% | 8h | 573.59 | −0.017% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0357% | 8h | 573.87 | +0.031% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0591% | 8h | 574.27 | +0.102% | $262K | $63K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0598% | 8h | 574.32 | +0.109% | $856 | $153K | 10x | as long as short |
| edgeX DELLUSDCshort | +0.0677% | 4h | 574.21 | +0.090% | $5K | $334K | 10x | |
| Binance DELLUSDT | +0.0677% | 8h | 573.70 | +0.002% | $18.5M | $66.1M | 20x | as long as short |
| Extended DELL-USD | +0.0680% | 1h | 573.50 | −0.033% | $333K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0704% | 8h | 573.73 | +0.007% | $321K | $219K | 20x | as long as short |
| Nado DELL-PERP | +0.0789% | 1h | 573.55 | −0.024% | $69K | $20K | 10x | as long as short |
| Phoenix DELLlong | +0.1040% | 1h | 573.69 | long leg | $3K | $260K | 10x |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP