Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h +0.129%
Price spread now: KuCoin against Aster−0.356%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3493.492% of the position
Funding, last 6 days (all we have)+0.626%+$63 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.356%, 7d avg −0.084%
=Together, before fees+0.951%+ Points / potential airdropAster: Stage 5 · farm board+$95 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.272% cheaper against Aster than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.084%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.626%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.04522 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $11K | $1.2M | 5x |
| Short | KuCoin PHAUSDTM | 0.04506 | 0.0022 | get 0.0011% / 4h | 1h 08m | $619K | $5.5M | 30x |
Aster PHAUSDT
KuCoin PHAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$16.38
- Price spread: −0.356% → −0.084%
- −$27.2
- Slippage, 4 orders
- −$329.24
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$392.82
- Costs to cover
- 3.492%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; KuCoin: 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, 5 min ago | 8.82 bp | 144.9 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 9.94 bp | 46.7 bp −$47 | 197.2 bp −$1,972 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PHAUSDTMshort | +0.0022% | 4h | 0.04506 | −0.356% | $619K | $5.5M | 30x | |
| BloFin PHA-USDT | +0.0076% | 4h | 0.04485 | −0.821% | $322K | $773K | 50x | as long as short |
| Aster PHAUSDTlong | +0.0100% | 4h | 0.04522 | long leg | $11K | $1.2M | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.04521 | −0.032% | $4.7M | $224.3M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04542 | +0.440% | $1.8M | $26.7M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04519 | −0.069% | $358K | $5.8M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04517 | −0.113% | $1.6M | $9.5M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04538 | +0.351% | $1.5M | $24.5M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04520 | −0.047% | — | $3.8M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04534 | +0.255% | $166K | $434K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA