Funding you earn now, next payment 04:00 UTC−0.0439%/8h= −48.1% APRpaid last 24h −0.774%
Price spread now: Phemex against Aster−0.419%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6,844as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
Funding, last 7 days−67.082%−$6,708 on $10k
+Price spread, last 4 days (all we have)−1.188%−$119 · spread now −0.419%, 7d avg −0.145%
=Together, before fees−68.270%+ Points / potential airdropAster: Stage 5 · farm board−$6,827 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Phemex is 0.274% cheaper against Aster than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.145%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster LSKUSDT | 0.3462 | −0.1834 | get 0.0229% / 1h | 53m 19s | $60K | $130K | 5x |
| Short | Phemex LSKUSDT | 0.3447 | −0.2273 | pay 0.1137% / 4h | 53m 19s | $1.2M | $2.3M | 10x |
Aster LSKUSDT
Phemex LSKUSDTFunding 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
- −$92.27
- Price spread: −0.419% → −0.145%
- −$27.36
- Slippage, 4 orders
- −$116.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$255.67
- Costs to cover
- 1.360%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 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, 3 min ago | 4.18 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.46 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
LSK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LSK_USDT | −0.3784% | 1h | 0.3447 | −0.428% | $1.4M | $2.7M | 20x | as long as short |
| Variational Omni LSK | −0.2945% | 1h | 0.3477 | +0.444% | $27K | $184K | — | as long as short |
| Binance LSKUSDT | −0.2378% | 1h | 0.3446 | −0.462% | $14.6M | $98.9M | 50x | as long as short |
| MEXC LSK_USDT | −0.2376% | 1h | 0.3446 | −0.451% | $8.1M | $2.5M | 20x | as long as short |
| Phemex LSKUSDTshort | −0.2273% | 4h | 0.3447 | −0.419% | $1.2M | $2.3M | 10x | |
| Aster LSKUSDTlong | −0.1834% | 1h | 0.3462 | long leg | $60K | $130K | 5x | |
| Bybit LSKUSDT | −0.1478% | 1h | 0.3457 | −0.136% | $9.4M | $20.4M | 25x | as long as short |
| Bitget LSKUSDT | −0.0768% | 1h | 0.3445 | −0.485% | $2.6M | $9.5M | 50x | as long as short |
| Kraken Futures PF_LSKUSD | −0.0586% | 1h | 0.3446 | −0.469% | $103K | $341K | 10x | as long as short |
| HTX LSK-USDT | −0.0300% | 1h | 0.3453 | −0.266% | $57K | $275K | 20x | as long as short |
Gate LSK_USDT
Variational Omni LSK
Binance LSKUSDT
MEXC LSK_USDT
Bybit LSKUSDT
Bitget LSKUSDT
Kraken Futures PF_LSKUSD
HTX LSK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LSK-USDT | +0.0104% | 1h | 0.3452 | −0.292% | — | $2.8M | — | as long as short |
BingX LSK-USDT