Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.254%
Price spread now: Aster against BingX+0.056%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3193.193% of the position
Funding, last 5 days (all we have)−0.694%−$69 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.056%, 7d avg +0.068%
=Together, before fees−0.882%+ Points / potential airdropAster: Stage 5 · farm board−$88 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PHA-USDT | 0.05346 | 0.0100 | pay 0.0050% / 4h | 58m 28s | — | $3.6M | — |
| Short | Aster PHAUSDT | 0.05349 | 0.0100 | get 0.0050% / 4h | 58m 28s | $13K | $1.0M | 5x |
BingX PHA-USDT
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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: +0.056% → +0.068%
- −$1.2
- Slippage, 4 orders
- −$301.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$320.48
- Costs to cover
- 3.193%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 5 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 BingX live order book, 7 min ago | 7.52 bp | 27.1 bp −$27 | 127.1 bp −$1,271 | 496.4 bp −$49.6K | 856.4 bp −$428.2K |
| Sell Aster live order book, 5 min ago | 9.49 bp | 167.6 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PHAUSDTM | −0.0004% | 4h | 0.05342 | −0.075% | $473K | $4.5M | 30x | as long as short |
| Aster PHAUSDTshort | +0.0100% | 4h | 0.05349 | +0.056% | $13K | $1.0M | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.05344 | −0.037% | $6.3M | $200.9M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05351 | +0.094% | $2.2M | $24.2M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05341 | −0.094% | $399K | $5.1M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.05345 | −0.019% | $1.8M | $8.8M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05344 | −0.037% | $1.5M | $21.3M | 50x | as long as short |
| BingX PHA-USDTlong | +0.0100% | 4h | 0.05346 | long leg | — | $3.6M | — | |
| Variational Omni PHA | +0.0100% | 4h | 0.05279 | −1.245% | $170K | $406K | — | as long as short |
| BloFin PHA-USDT | +0.0129% | 4h | 0.05306 | −0.748% | $426K | $732K | 50x | as long as short |
KuCoin PHAUSDTM
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
Variational Omni PHA
BloFin PHA-USDT