Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Aster against Gate+0.128%7-day average +0.103% · 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−$392as in the Price arb table
costs, in and out, $10k−$3943.945% of the position
Funding, last 5 days (all we have)+0.401%+$40 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.128%, 7d avg +0.103%
=Together, before fees+0.266%+ Points / potential airdropAster: Stage 5 · farm board+$27 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 0.025% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PHA_USDT | 0.04920 | 0.0100 | pay 0.0050% / 4h | 16m 46s | $365K | $4.8M | 25x |
| Short | Aster PHAUSDT | 0.04926 | 0.0100 | get 0.0050% / 4h | 16m 46s | $18K | $837K | 5x |
Gate PHA_USDT
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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: +0.128% → +0.103%
- $2.5
- Slippage, 4 orders
- −$371.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$392
- Costs to cover
- 3.945%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 61 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 Gate live order book, 1 min ago | 7.10 bp | 187.1 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 61 min ago | 6.06 bp | 32.9 bp −$33 | 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 | +0.0070% | 4h | 0.04941 | +0.427% | $363K | $641K | 50x | as long as short |
| Aster PHAUSDTshort | +0.0100% | 4h | 0.04926 | +0.128% | $18K | $837K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.04925 | +0.097% | $5.3M | $187.4M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04930 | +0.203% | $1.9M | $22.8M | 20x | as long as short |
| Gate PHA_USDTlong | +0.0100% | 4h | 0.04920 | long leg | $365K | $4.8M | 25x | |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04927 | +0.142% | $1.7M | $8.6M | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.04925 | +0.102% | $455K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04926 | +0.122% | $1.5M | $20.2M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04927 | +0.142% | — | $3.4M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04906 | −0.288% | $155K | $399K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
Bybit PHAUSDT
MEXC PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA