Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.255%
Price spread now: BingX against Aster+0.091%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
Funding, last 5 days (all we have)+0.695%+$70 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.091%, 7d avg −0.076%
=Together, before fees+0.516%+ Points / potential airdropAster: Stage 5 · farm board+$52 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: BingX is 0.167% dearer against Aster than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.05004 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $14K | $924K | 5x |
| Short | BingX PHA-USDT | 0.05009 | 0.0100 | get 0.0050% / 4h | 2h 53m | — | $3.4M | — |
Aster PHAUSDT
BingX PHA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0
- Price spread: +0.091% → −0.076%
- $16.7
- Slippage, 4 orders
- −$117.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$119.28
- Costs to cover
- 1.360%
- Break-even
- never at this rate
Slippage from Aster: live order book, 15 min ago; BingX: live order book, 11 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, 15 min ago | 12.52 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.75 bp | 25.5 bp −$25 | 116.3 bp −$1,163 | 532.1 bp −$53.2K | 949.7 bp −$474.9K |
PHA on 10 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 PHAUSDTlong | +0.0100% | 4h | 0.05004 | long leg | $14K | $924K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.05000 | −0.093% | $5.9M | $192.8M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05010 | +0.111% | $2.1M | $23.4M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05015 | +0.210% | $370K | $4.9M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04995 | −0.189% | $1.7M | $8.7M | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.05008 | +0.071% | $495K | $4.2M | 30x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04998 | −0.129% | $1.5M | $20.7M | 50x | as long as short |
| BingX PHA-USDTshort | +0.0100% | 4h | 0.05009 | +0.091% | — | $3.4M | — | |
| Variational Omni PHA | +0.0100% | 4h | 0.05081 | +1.524% | $164K | $403K | — | as long as short |
| BloFin PHA-USDT | +0.0140% | 4h | 0.04993 | −0.229% | $397K | $658K | 50x | as long as short |
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
Variational Omni PHA
BloFin PHA-USDT