Funding you earn now, next payment 00:00 UTC−0.0459%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.191%
Price spread now: Aster against KuCoin−0.010%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2422.415% of the position
Funding, last 5 days (all we have)−0.639%−$64 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.010%, 7d avg +0.090%
=Together, before fees−0.675%+ Points / potential airdropAster: Stage 5 · farm board−$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 0.100% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04986 | −0.0516 | get 0.0258% / 4h | 2h 16m | $422K | $3.9M | 30x |
| Short | Aster PHAUSDT | 0.04985 | −0.0975 | pay 0.0487% / 4h | 2h 16m | $10K | $759K | 5x |
KuCoin PHAUSDTM
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$96.33
- Price spread: −0.010% → +0.090%
- −$9.99
- Slippage, 4 orders
- −$221.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$347.86
- Costs to cover
- 2.415%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Aster: live order book, 6 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 KuCoin live order book, 6 min ago | 7.03 bp | 44.2 bp −$44 | 439.3 bp −$4,393 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 9.03 bp | 85.3 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDTshort | −0.0975% | 4h | 0.04985 | −0.010% | $10K | $759K | 5x | |
| BloFin PHA-USDT | −0.0590% | 4h | 0.04995 | +0.181% | $358K | $632K | 50x | as long as short |
| Binance PHAUSDT | −0.0566% | 4h | 0.04990 | +0.081% | $5.3M | $183.2M | 50x | as long as short |
| MEXC PHA_USDT | −0.0564% | 4h | 0.04989 | +0.060% | $1.7M | $8.5M | 50x | as long as short |
| KuCoin PHAUSDTMlong | −0.0516% | 4h | 0.04986 | long leg | $422K | $3.9M | 30x | |
| Bitget PHAUSDT | +0.0016% | 4h | 0.04991 | +0.100% | $1.5M | $19.9M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04990 | +0.080% | $2.0M | $22.4M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04991 | +0.100% | $373K | $4.7M | 25x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04992 | +0.120% | — | $3.3M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04969 | −0.336% | $156K | $399K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
MEXC PHA_USDT
Bitget PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
BingX PHA-USDT
Variational Omni PHA