Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.145%
Price spread now: Bybit against Aster+0.120%7-day average −0.044% · 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−$223as in the Price arb table
costs, in and out, $10k−$2402.397% of the position
Funding, last 5 days (all we have)+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.120%, 7d avg −0.044%
=Together, before fees+0.083%+ Points / potential airdropAster: Stage 5 · farm board+$8 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: Bybit is 0.163% dearer against Aster than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.04925 | 0.0100 | pay 0.0050% / 4h | 16m 39s | $18K | $837K | 5x |
| Short | Bybit PHAUSDT | 0.04931 | 0.0100 | get 0.0050% / 4h | 16m 39s | $1.9M | $22.8M | 20x |
Aster PHAUSDT
Bybit PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.120% → −0.044%
- $16.33
- Slippage, 4 orders
- −$220.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.34
- Costs to cover
- 2.397%
- Break-even
- never at this rate
Slippage from Aster: live order book, 61 min ago; Bybit: live order book, 2 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, 61 min ago | 6.06 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.09 bp | 101.4 bp −$101 | 286.6 bp −$2,866 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PHA-USDT | +0.0070% | 4h | 0.04941 | +0.323% | $363K | $641K | 50x | as long as short |
| Aster PHAUSDTlong | +0.0100% | 4h | 0.04925 | long leg | $18K | $837K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.04925 | +0.002% | $5.3M | $187.4M | 50x | as long as short |
| Bybit PHAUSDTshort | +0.0100% | 4h | 0.04931 | +0.120% | $1.9M | $22.8M | 20x | |
| Gate PHA_USDT | +0.0100% | 4h | 0.04925 | −0.002% | $365K | $4.8M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04929 | +0.079% | $1.7M | $8.6M | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.04924 | −0.022% | $455K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04933 | +0.160% | $1.5M | $20.2M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04927 | +0.039% | — | $3.4M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04906 | −0.391% | $155K | $399K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA