Funding you earn now, next payment 03:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h +0.627%
Price spread now: Aster against Phemex−0.019%7-day average +0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6,539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
Funding, last 7 days+66.857%+$6,686 on $10k
+Price spread, last 4 days (all we have)+1.626%+$163 · spread now −0.019%, 7d avg +0.145%
=Together, before fees+68.483%+ Points / potential airdropAster: Stage 5 · farm board+$6,848 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.165% cheaper against Phemex than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.145%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +66.857%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LSKUSDT | 0.3499 | −0.3958 | get 0.1979% / 4h | 1h 43m | $1.3M | $2.3M | 10x |
| Short | Aster LSKUSDT | 0.3498 | −0.4180 | pay 0.0522% / 1h | 43m 01s | $61K | $135K | 5x |
Phemex LSKUSDT
Aster LSKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- −$46.47
- Price spread: −0.019% → +0.145%
- −$16.47
- Slippage, 4 orders
- −$126.65
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$209.59
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Aster: live order book, 18 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 Phemex live order book, 5 min ago | 6.33 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 18 min ago | 1.87 bp | 34.2 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LSKUSD | −0.5528% | 1h | 0.3510 | +0.327% | $115K | $250K | 10x | as long as short |
| MEXC LSK_USDT | −0.4672% | 1h | 0.3498 | −0.031% | $8.1M | $2.5M | 20x | as long as short |
| Binance LSKUSDT | −0.4554% | 1h | 0.3495 | −0.102% | $14.8M | $99.9M | 50x | as long as short |
| Aster LSKUSDTshort | −0.4180% | 1h | 0.3498 | −0.019% | $61K | $135K | 5x | |
| Phemex LSKUSDTlong | −0.3958% | 4h | 0.3499 | long leg | $1.3M | $2.3M | 10x | |
| Bybit LSKUSDT | −0.3625% | 1h | 0.3500 | +0.040% | $9.5M | $21.0M | 25x | as long as short |
| Gate LSK_USDT | −0.3368% | 1h | 0.3499 | +0.003% | $1.4M | $2.7M | 20x | as long as short |
| Variational Omni LSK | −0.2892% | 1h | 0.3479 | −0.579% | $26K | $192K | — | as long as short |
| Bitget LSKUSDT | −0.2640% | 1h | 0.3491 | −0.226% | $2.7M | $9.7M | 50x | as long as short |
| BingX LSK-USDT | −0.2104% | 1h | 0.3492 | −0.191% | — | $2.9M | — | as long as short |
Kraken Futures PF_LSKUSD
MEXC LSK_USDT
Binance LSKUSDT
Bybit LSKUSDT
Gate LSK_USDT
Variational Omni LSK
Bitget LSKUSDT
BingX LSK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDT | +0.0100% | 1h | 0.3490 | −0.254% | $57K | $287K | 20x | as long as short |
HTX LSK-USDT