Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.133%
Price spread now: Aster against Binance−0.080%7-day average +0.168% · 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−$238as in the Price arb table
costs, in and out, $10k−$2132.130% of the position
Funding, last 5 days (all we have)−0.547%−$55 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.080%, 7d avg +0.168%
=Together, before fees−0.219%+ Points / potential airdropAster: Stage 5 · farm board−$22 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: Aster is 0.248% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.168%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PHAUSDT | 0.04999 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $5.9M | $195.2M | 50x |
| Short | Aster PHAUSDT | 0.04995 | 0.0100 | get 0.0050% / 4h | 1h 47m | $9K | $950K | 5x |
Binance PHAUSDT
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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: −0.080% → +0.168%
- −$24.77
- Slippage, 4 orders
- −$195
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$237.77
- Costs to cover
- 2.130%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Aster: live order book, 16 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 Binance live order book, 11 min ago | 0.99 bp | 24.3 bp −$24 | 139.1 bp −$1,391 | doesn't fit | doesn't fit |
| Sell Aster live order book, 16 min ago | 10.82 bp | 37.9 bp −$38 | doesn't fit | 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 | +0.0044% | 4h | 0.04997 | −0.040% | — | $669K | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0080% | 4h | 0.04992 | −0.140% | $466K | $4.3M | 30x | as long as short |
| Aster PHAUSDTshort | +0.0100% | 4h | 0.04995 | −0.080% | $9K | $950K | 5x | |
| Binance PHAUSDTlong | +0.0100% | 4h | 0.04999 | long leg | $5.9M | $195.2M | 50x | |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05003 | +0.080% | $2.0M | $23.6M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04994 | −0.100% | $374K | $5.0M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04996 | −0.060% | $1.7M | $8.7M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04996 | −0.060% | $1.5M | $20.9M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04996 | −0.060% | — | $3.5M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05058 | +1.181% | $163K | $404K | — | as long as short |
BloFin PHA-USDT
KuCoin PHAUSDTM
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA