Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.03535spotno funding——$850K1xBuy Binance Spot
SHORT0.03536+0.0100get 0.0050% / 4h3h 44m$3.2M$5.5M50xShort Binance
Price gap+0.021%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.221% above its 7d average: +$22 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5+0.0100% /8h now · paid +0.047% over the last 7D
Price+$22spread +0.021% now, avg −0.200% → +0.221% if it goes back
Costs−$1741.739% of $10k · taker + slippage, in and out
Result−$147−1.47%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.021%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PHA on 10 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size51.5 / 37.1 bp
    At $10k entering Binance Spot costs 51.5 bp, fee and slippage, 1.4× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.021% vs −0.200%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$3.2M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0022%/8h × 21 periods+$4.67
Price spread+0.021% → −0.200% (7d avg)+$22.06
Slippage, 4 orderslive order books−$143.85
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$147.12
Costs to cover1.739%Break-even227.3 days
Slippage: Binance Spot: live order book, 15 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot14.3951.5 bp−$51867.5 bp−$8,675doesn’t fitdoesn’t fit
SELL · SHORTBinance1.4337.1 bp−$37181.9 bp−$1,819doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PHA news

posts that mention PHA, from every exchange
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09-22 02:02KuCoinOther24H Top 5 Gainers on #KuCoin (September 22, 2026) 1. AURORA - $0.0572 (+173.09%) 2. WSDM - $0.0001303 (+54.87%) 3. ZETA - $0.06018 (+53.96%) 4. NATIX - $0.0001393 (+38.38%) 5. PHA - $0.04989 (+35.60%) Check Out and Sign Up on KuCoin! #Ku24hour @kucoincom on X ↗