Settings8H · net · $10k
Funding arb · Price arb /

PHA

all PHA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.134%
Price spread now: Binance against Aster+0.006%7-day average −0.181% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$960.955% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.548%+$55 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.006%, 7d avg −0.181%
Together, before fees+0.411%+ Points / potential airdropAster: Stage 5 · farm board+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.187% dearer against Aster than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.181%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PHAUSDT0.049320.0100pay 0.0050% / 4h16m 17s$18K$837K5x
ShortBinance PHAUSDT0.049320.0100get 0.0050% / 4h16m 17s$5.3M$187.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.006% → −0.181%
$18.74
Slippage, 4 orders
−$77.5
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$76.76
Costs to cover
0.955%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 61 min ago6.06 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.00 bp16.2 bp −$1644.8 bp −$448489.4 bp −$48.9Kdoesn't fit

PHA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PHA-USDT+0.0070%4h0.04941+0.180%$363K$641K50xas long as short
Aster PHAUSDTlong+0.0100%4h0.04932long leg$18K$837K5x
Binance PHAUSDTshort+0.0100%4h0.04932+0.006%$5.3M$187.4M50x
Bybit PHAUSDT+0.0100%4h0.04933+0.018%$1.9M$22.8M20xas long as short
Gate PHA_USDT+0.0100%4h0.04930−0.043%$365K$4.8M25xas long as short
MEXC PHA_USDT+0.0100%4h0.04933+0.018%$1.7M$8.6M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.04929−0.063%$455K$3.9M30xas long as short
Bitget PHAUSDT+0.0100%4h0.04929−0.063%$1.5M$20.2M50xas long as short
BingX PHA-USDT+0.0100%4h0.04930−0.043%$3.4Mas long as short
Variational Omni PHA+0.0100%4h0.04937+0.105%$155K$399Kas long as short