Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster−0.032%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 5 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.075%−$7 · spread now −0.032%, 7d avg −0.087%
=Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster FILUSDT | 0.9853 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $487K | $514K | 20x |
| Short | Phemex FILUSDT | 0.9850 | 0.0100 | get 0.0100% / 8h | 1h 53m | $1.1M | $2.3M | 50x |
Aster FILUSDT
Phemex FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- $0
- Price spread: −0.032% → −0.087%
- $5.5
- Slippage, 4 orders
- −$59.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$74.49
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Aster: live order book, 29 min ago; Phemex: 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 Aster live order book, 29 min ago | 10.15 bp | 14.2 bp −$14 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.09 bp | 26.2 bp −$26 | 99.6 bp −$996 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1167% | 1h | 0.9867 | +0.140% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0696% | 1h | 0.9861 | +0.082% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | +0.201% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9850 | −0.032% | $2K | $182K | 12x | as long as short |
| Lighter FIL | −0.0112% | 1h | 0.9843 | −0.105% | $158K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0025% | 8h | 0.9837 | −0.164% | $10.8M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0011% | 8h | 0.9842 | −0.114% | $15.5M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9863 | +0.099% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9852 | −0.012% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0021% | 8h | 0.9838 | −0.154% | $18.2M | $96.2M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTM | +0.0023% | 8h | 0.9851 | −0.022% | $7.4M | $7.0M | 50x | as long as short |
| Variational Omni FIL | +0.0064% | 8h | 0.9851 | −0.026% | $438K | $277K | — | as long as short |
| MEXC FIL_USDC | +0.0079% | 8h | 0.9844 | −0.093% | $250K | $103K | 50x | as long as short |
| Binance FILUSDT | +0.0085% | 8h | 0.9840 | −0.136% | $56.5M | $174.6M | 75x | as long as short |
| BingX FIL-USDT | +0.0086% | 8h | 0.9848 | −0.053% | — | $11.8M | — | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9842 | −0.110% | $689K | $2.3M | 10x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9839 | −0.149% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDTlong | +0.0100% | 8h | 0.9853 | long leg | $487K | $514K | 20x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9855 | +0.018% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9858 | +0.052% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9867 | +0.142% | $289K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9850 | −0.032% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9872 | +0.192% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.069% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9856 | +0.028% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9869 | +0.160% | $624K | $5.6M | 75x | as long as short |
| Phemex FILUSDTshort | +0.0100% | 8h | 0.9850 | −0.032% | $1.1M | $2.3M | 50x | |
| BloFin FIL-USDT | +0.0207% | 8h | 0.9863 | +0.099% | $2.6M | $648K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0616% / S −0.0742% | 1h | 0.9864 | +0.111% | $214K | — | 100x | as long as short |
KuCoin FILUSDTM
Variational Omni FIL
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Extended FIL-USD
Hyperliquid FIL
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]