Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.90 per $10,000 · paid last 24h +0.041%
Price spread now: KuCoin against Binance+0.076%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now +0.076%, 7d avg +0.076%
=The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.091%, 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 | Binance PHAUSDT | 0.05288 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $6.2M | $213.2M | 50x |
| Short | KuCoin PHAUSDTM | 0.05292 | −0.0080 | pay 0.0040% / 4h | 2h 41m | $592K | $4.7M | 30x |
Binance PHAUSDT
KuCoin PHAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$37.8
- Price spread: +0.076% → +0.076%
- $0.05
- Slippage, 4 orders
- −$134.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$194.62
- Costs to cover
- 1.569%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 1 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, 2 min ago | 1.88 bp | 24.9 bp −$25 | 129.4 bp −$1,294 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 10.39 bp | 56.8 bp −$57 | 217.1 bp −$2,171 | 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 | −0.0080% | 4h | 0.05292 | +0.076% | $592K | $4.7M | 30x | |
| BloFin PHA-USDT | +0.0070% | 4h | 0.05301 | +0.247% | $406K | $803K | 50x | as long as short |
| Aster PHAUSDT | +0.0079% | 4h | 0.05294 | +0.118% | $11K | $1.2M | 5x | as long as short |
| Binance PHAUSDTlong | +0.0100% | 4h | 0.05288 | long leg | $6.2M | $213.2M | 50x | |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05287 | −0.018% | $2.2M | $25.2M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05302 | +0.266% | $403K | $5.3M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.05279 | −0.169% | $1.9M | $9.1M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05283 | −0.094% | $1.7M | $22.8M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05301 | +0.247% | — | $3.7M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05289 | +0.012% | $189K | $429K | — | as long as short |
BloFin PHA-USDT
Aster PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA