Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.6720 | +0.0100 | pay 0.0100% / 8h | 7h 09m | $212K | $229K | 20x | Long Aster≤10% back | |
| SHORT | 7.6770 | +0.0100 | get 0.0100% / 8h | 7h 09m | $1.6M | $2.6M | 50x | Short Phemex |
Price gap+0.065%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2470.0000% /8h now · paid +2.470% over the last 7D
Price+$8spread +0.065% now, avg −0.019% → +0.084% if it goes back
Costs−$870.872% of $10k · taker + slippage, in and out
Result+$168+1.68%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Phemex price against Asternow
RANGE STATS · 7D
Now+0.065%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hINJ on 24 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size19.0 / 28.1 bpAt $10k entering Phemex costs 28.1 bp, fee and slippage, 1.5× Aster’s.
- Note: Margin at max leverage$500 + $200Aster 20x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 3 payments, −$3.00; short Phemex: 3 payments, +$3.00.
- OK: Entry gap works for you+0.065% vs −0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$212K vs $1.6M OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- Watch: KYCAster No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.1293%/8h × 21 periods+$271.56
Price spread+0.065% → −0.019% (7d avg)+$8.44
Slippage, 4 orderslive order books−$67.22
Fee Aster bp × 2 orders−$8.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k+$192.78
Costs to cover0.872%Break-even2.0 days
Slippage: Aster: live order book, 62 min ago; Phemex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster1.9619.0 bp−$19183.7 bp−$1,837doesn’t fitdoesn’t fit
SELL · SHORTPhemex4.5928.1 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 02:00 | Injective | Other | Tomorrow, the Injective Stockdrop goes live. Tokenized stock claims begin. Loyal ninjas who burned $INJ finally discover which onchain stock is waiting for them as a reward. 12 hours until the drop 🔥 @injective on X ↗ |
| 09-30 01:05 | Reya | Listing | INJRUSDPERP no longer reported ($INJ) seen by our collector |
| 09-29 18:25 | Injective | Token | Huge day tomorrow. Nearly $300,000 worth of $INJ will be bought back and burned forever. Loyal users of Injective will have a chance to earn onchain stock tokens for the first time for participating in the INJ buyback. @injective on X ↗ |
| 09-29 16:38 | Injective | Other | The Injective @fomo thesis competition has concluded. $INJ has been sent to all of the winners. Top winners: 1. @itesaitama: 2. @greyvese: 3. @reebmughal: We’ve also listed the runners-up below, who will share an additional 50 $INJ equally. Congratulations to all the winners and runners-up! Stay tuned for new upcoming contests. @injective on X ↗ |
| 09-29 11:41 | Injective | Other | The status of regulated institutional INJ products: $INJ ETP in Europe: Live $INJ Regulated U.S. Futures: Live $INJ 21Shares U.S. Spot ETF: Amended S-1/A with the SEC a few days ago Canary Staked $INJ U.S. ETF: Amendment No. 3 announced with an aim to stake 90% of INJ @injective on X ↗ |
| 09-29 05:27 | Injective | Other | First ever Injective Stockdrop. This week. A chance to get onchain stocks for Nvidia, $AMC, Meta and more while burning $INJ forever. Get ready 🥷 @injective on X ↗ |
Injective
Reya