Funding you earn now, next payment 00:00 UTC+0.1012%/8h= +110.8% APRnext payment +$5.06 per $10,000 · paid last 24h +0.240%
Price spread now: Bitget against Aster+0.049%7-day average −0.194% · 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−$200as in the Price arb table
costs, in and out, $10k−$2242.239% of the position
Funding, last 5 days (all we have)+0.645%+$65 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.049%, 7d avg −0.194%
=Together, before fees+0.594%+ Points / potential airdropAster: Stage 5 · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Bitget is 0.243% dearer against Aster than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.194%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.04977 | −0.1014 | get 0.0507% / 4h | 2h 19m | $10K | $759K | 5x |
| Short | Bitget PHAUSDT | 0.04979 | −0.0002 | pay 0.0001% / 4h | 2h 19m | $1.5M | $19.9M | 50x |
Aster PHAUSDT
Bitget PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $212.54
- Price spread: +0.049% → −0.194%
- $24.33
- Slippage, 4 orders
- −$203.93
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $12.95
- Costs to cover
- 2.239%
- Break-even
- 6.6 days
Slippage from Aster: live order book, 3 min ago; Bitget: 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 Aster live order book, 3 min ago | 9.03 bp | 75.0 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.02 bp | 28.0 bp −$28 | 81.2 bp −$812 | doesn't fit | doesn't fit |
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 | −0.1014% | 4h | 0.04977 | long leg | $10K | $759K | 5x | |
| BloFin PHA-USDT | −0.0622% | 4h | 0.04973 | −0.071% | $356K | $630K | 50x | as long as short |
| MEXC PHA_USDT | −0.0604% | 4h | 0.04977 | +0.009% | $1.7M | $8.5M | 50x | as long as short |
| Binance PHAUSDT | −0.0591% | 4h | 0.04978 | +0.036% | $5.3M | $183.1M | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0550% | 4h | 0.04978 | +0.029% | $422K | $3.9M | 30x | as long as short |
| Bitget PHAUSDTshort | −0.0002% | 4h | 0.04979 | +0.049% | $1.5M | $19.9M | 50x | |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04980 | +0.069% | $2.0M | $22.4M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04980 | +0.069% | $357K | $4.7M | 25x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04977 | +0.009% | — | $3.3M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04969 | −0.147% | $156K | $399K | — | as long as short |
BloFin PHA-USDT
MEXC PHA_USDT
Binance PHAUSDT
KuCoin PHAUSDTM
Bybit PHAUSDT
Gate PHA_USDT
BingX PHA-USDT
Variational Omni PHA