Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Phemex against Binance−0.420%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.717%+$72 · spread now −0.420%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.434% cheaper against Binance than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MARSCOINUSDT | 0.1047 | 0.0100 | pay 0.0050% / 4h | 39m 38s | $23.3M | $57.9M | 20x |
| Short | Phemex MARSCOINUSDT | 0.1043 | 0.0100 | get 0.0050% / 4h | 39m 38s | $1.5M | $2.5M | 20x |
Binance MARSCOINUSDT
Phemex MARSCOINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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: −0.420% → +0.014%
- −$43.39
- Slippage, 4 orders
- −$102.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$167.56
- Costs to cover
- 1.242%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Phemex: live order book, 4 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 Binance live order book, 3 min ago | 1.43 bp | 19.6 bp −$20 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 12.00 bp | 43.9 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
MARSCOIN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MARSCOINUSDT | +0.0100% | 4h | 0.1047 | −0.023% | $607K | $836K | 10x | as long as short |
| Binance MARSCOINUSDTlong | +0.0100% | 4h | 0.1047 | long leg | $23.3M | $57.9M | 20x | |
| Bybit MARSCOINUSDT | +0.0100% | 4h | 0.1047 | +0.010% | $7.3M | $13.3M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1044 | −0.286% | $1.7M | $2.0M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.1044 | −0.277% | $3.0M | $1.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1045 | −0.153% | — | $769K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1048 | +0.058% | $92K | $708K | 20x | as long as short |
| Phemex MARSCOINUSDTshort | +0.0100% | 4h | 0.1043 | −0.420% | $1.5M | $2.5M | 20x | |
| BingX MARSCOIN-USDT | +0.0132% | 4h | 0.1044 | −0.267% | — | $1.2M | — | as long as short |
| Bitget MARSCOINUSDT | +0.0138% | 4h | 0.1044 | −0.267% | $2.4M | $6.8M | 20x | as long as short |
Aster MARSCOINUSDT
Bybit MARSCOINUSDT
Gate MARSCOIN_USDT
MEXC MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
BingX MARSCOIN-USDT
Bitget MARSCOINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MARSCOIN-USDT | +0.0340% | 4h | 0.1045 | −0.239% | $1.1M | $420K | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.0826% | 4h | 0.1046 | −0.086% | $1.3M | $2.4M | 20x | as long as short |
BloFin MARSCOIN-USDT
KuCoin MARSCOINUSDTM