Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.7160 | +0.0100 | pay 0.0100% / 8h | 6h 37m | $1.6M | $2.6M | 50x | Long Phemex | |
| SHORT | 7.7200 | +0.0100 | get 0.0100% / 8h | 6h 37m | $214K | $231K | 20x | Short Aster≤10% back |
Price gap+0.052%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 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+$3spread +0.052% now, avg +0.020% → +0.032% if it goes back
Costs−$740.741% of $10k · taker + slippage, in and out
Result−$318−3.18%+ 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
Aster price against Phemexnow
RANGE STATS · 7D
Now+0.052%
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 size21.7 / 14.0 bpAt $10k entering Phemex costs 21.7 bp, fee and slippage, 1.5× Aster’s.
- Note: Margin at max leverage$200 + $500Phemex 50x, Aster 20x. 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 Phemex: 3 payments, −$3.00; short Aster: 3 payments, +$3.00.
- OK: Entry gap works for you+0.052% vs +0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$214K 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: KYCPhemex Yes · Aster NoKYC 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−0.1289%/8h × 21 periods−$270.59
Price spread+0.052% → +0.020% (7d avg)+$3.19
Slippage, 4 orderslive order books−$54.13
Fee Phemex bp × 2 orders−$12.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$341.54
Costs to cover0.741%Break-evennever at this rate
Slippage: Phemex: live order book, 1 min ago; Aster: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex3.2421.7 bp−$22doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster5.2214.0 bp−$14140.2 bp−$1,402doesn’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