Funding you earn now, next payment 23:00 UTC−0.0424%/8h= −46.5% APRnext payment −$0.53 per $10,000 · paid last 24h −0.107%
Price spread now: Polymarket Perps against Phoenix+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Polymarket Perps is 0.036% dearer against Phoenix than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.398% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix DELL | 577.15 | 0.0570 | pay 0.0071% / 1h | 41m 25s | $3K | $280K | 10x |
| Short | Polymarket Perps DELL-USD | 577.36 | 0.0146 | get 0.0018% / 1h | 41m 25s | $756 | $23K | 10x |
Phoenix DELL
Polymarket Perps DELL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$89.11
- Price spread: +0.036% → 0.000%
- $3.64
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$100.48
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 34 min ago; Polymarket Perps: 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, 34 min ago | 2.61 bp | 9.4 bp −$9 | 18.8 bp −$188 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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 | 577.59 | +0.076% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 577.24 | +0.016% | $4.5M | $7.8M | 50x | as long as short |
| Variational Omni DELL | 0.0000% | 8h | 577.61 | +0.080% | $261K | $82K | — | as long as short |
| Bitget DELLUSDT | +0.0027% | 8h | 577.20 | +0.009% | $3.3M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.66 | +0.088% | $34K | $12K | 10x | as long as short |
| BloFin DELL-USDT | +0.0032% | 8h | 577.63 | +0.083% | $318K | $218K | 20x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.949% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0035% | 1h | 576.64 | −0.088% | $7.3M | $7.2M | 10x | as long as short |
| Extended DELL-USD | +0.0064% | 1h | 577.49 | +0.058% | $337K | $1.1M | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0065% | 8h | 577.61 | +0.079% | $907 | $172K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Variational Omni DELL
Bitget DELLUSDT
Lighter DELL
BloFin DELL-USDT
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Extended DELL-USD
GRVT DELL_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DELLUSDT | +0.0068% | 8h | 577.63 | +0.084% | $18.8M | $65.6M | 20x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.03 | −0.021% | $946K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.09 | +0.163% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.82 | +0.116% | $18K | $58K | 10x | as long as short |
| Polymarket Perps DELL-USDshort | +0.0146% | 1h | 577.36 | +0.036% | $756 | $23K | 10x | |
| Bybit DELLUSDT | +0.0150% | 8h | 577.11 | −0.007% | $5.9M | $3.5M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0472% | 8h | 577.78 | +0.109% | $5.9M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0507% | 4h | 577.59 | +0.076% | $5K | $335K | 10x | as long as short |
| Nado DELL-PERP | +0.0551% | 1h | 576.94 | −0.037% | $70K | $13K | 10x | as long as short |
| Phoenix DELLlong | +0.0570% | 1h | 577.15 | long leg | $3K | $280K | 10x |
Binance DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Nado DELL-PERP