Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.121%
Price spread now: BingX against Binance+0.091%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now +0.091%, 7d avg +0.074%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PHAUSDT | 0.05473 | 0.0100 | pay 0.0050% / 4h | 32m 14s | $6.6M | $203.1M | 50x |
| Short | BingX PHA-USDT | 0.05478 | 0.0100 | get 0.0050% / 4h | 32m 14s | — | $3.6M | — |
Binance PHAUSDT
BingX PHA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.091% → +0.074%
- $1.73
- Slippage, 4 orders
- −$74.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.22
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: 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 Binance live order book, 11 min ago | 1.85 bp | 21.9 bp −$22 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.45 bp | 26.1 bp −$26 | 111.2 bp −$1,112 | 551.7 bp −$55.2K | 975.5 bp −$487.8K |
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 PHAUSDTM | −0.0114% | 4h | 0.05468 | −0.091% | $485K | $4.5M | 30x | as long as short |
| Gate PHA_USDT | +0.0094% | 4h | 0.05476 | +0.055% | $408K | $5.1M | 25x | as long as short |
| Aster PHAUSDT | +0.0100% | 4h | 0.05470 | −0.063% | $14K | $1.0M | 5x | as long as short |
| Binance PHAUSDTlong | +0.0100% | 4h | 0.05473 | long leg | $6.6M | $203.1M | 50x | |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05480 | +0.128% | $2.3M | $24.4M | 20x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.05468 | −0.091% | $1.8M | $8.8M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05478 | +0.091% | $1.6M | $21.5M | 50x | as long as short |
| BingX PHA-USDTshort | +0.0100% | 4h | 0.05478 | +0.091% | — | $3.6M | — | |
| Variational Omni PHA | +0.0100% | 4h | 0.05409 | −1.168% | $187K | $420K | — | as long as short |
| BloFin PHA-USDT | +0.0117% | 4h | 0.05472 | −0.018% | $433K | $778K | 50x | as long as short |
KuCoin PHAUSDTM
Gate PHA_USDT
Aster PHAUSDT
Bybit PHAUSDT
MEXC PHA_USDT
Bitget PHAUSDT
Variational Omni PHA
BloFin PHA-USDT