Funding you earn now, next payment 06:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.112%
Price spread now: Extended against Phoenix−0.049%68s7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as 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−$510.510% of the position
Funding, last 7 days−0.673%−$67 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.049%, 7d avg −0.049%
=Together, before fees−0.661%+ Points / potential airdropExtended: Active · farm board−$66 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. 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 | Phoenix DELL | 573.85 | 0.0863 | pay 0.0108% / 1h | 18m 12s | $3K | $228K | 10x |
| Short | Extended DELL-USD | 573.57 | 0.0576 | get 0.0072% / 1h | 18m 12s | $335K | $1.1M | 10x |
Phoenix DELL
Extended DELL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$60.28
- Price spread: −0.049% → −0.049%
- −$0.04
- Slippage, 4 orders
- −$38.97
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$111.28
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 22 min ago; Extended: live order book, 5 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, 22 min ago | 2.62 bp | 9.6 bp −$10 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 2.18 bp | 16.2 bp −$16 | 185.6 bp −$1,856 | 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 | 573.20 | −0.114% | $20K | $49K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.62 | −0.040% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 573.62 | −0.040% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 573.86 | +0.002% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.380% | $8K | $83K | 12x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.10 | −0.131% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 574.24 | +0.068% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 573.49 | −0.063% | $17K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0121% | 8h | 573.22 | −0.110% | $6.1M | $4.0M | 50x | as long as short |
| tradeXYZ xyz:DELL | +0.0126% | 1h | 573.19 | −0.115% | $7.5M | $6.9M | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
tradeXYZ xyz:DELLShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0229% | 1h | 573.46 | −0.068% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0267% | 8h | 573.54 | −0.054% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0384% | 4h | 574.10 | +0.044% | $5K | $334K | 10x | as long as short |
| Variational Omni DELL | +0.0491% | 8h | 573.93 | +0.014% | $259K | $61K | — | as long as short |
| BloFin DELL-USDT | +0.0565% | 8h | 573.51 | −0.059% | $321K | $234K | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0567% | 8h | 574.10 | +0.044% | $1K | $147K | 10x | as long as short |
| Extended DELL-USDshort | +0.0576% | 1h | 573.57 | −0.049% | $335K | $1.1M | 10x | |
| Binance DELLUSDT | +0.0578% | 8h | 573.66 | −0.033% | $18.4M | $67.0M | 20x | as long as short |
| Phoenix DELLlong | +0.0863% | 1h | 573.85 | long leg | $3K | $228K | 10x | |
| Nado DELL-PERP | +0.0905% | 1h | 573.01 | −0.146% | $69K | $20K | 10x | as long as short |
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Variational Omni DELL
BloFin DELL-USDT
GRVT DELL_USDT_Perp
Binance DELLUSDT
Nado DELL-PERP