Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.181%
Price spread now: Gate against KuCoin0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3743.738% of the position
Funding, last 7 days−1.047%−$105 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04965 | 0.0100 | pay 0.0050% / 4h | 11m 07s | $458K | $3.9M | 30x |
| Short | Gate PHA_USDT | 0.04965 | 0.0100 | get 0.0050% / 4h | 11m 07s | $371K | $4.8M | 25x |
KuCoin PHAUSDTM
Gate PHA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: 0.000% → −0.014%
- $1.38
- Slippage, 4 orders
- −$346.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$372.45
- Costs to cover
- 3.738%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 2 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 | 9.11 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.07 bp | 127.5 bp −$128 | 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 PHAUSDT | +0.0100% | 4h | 0.04965 | +0.009% | $16K | $837K | 5x | as long as short |
| Binance PHAUSDT | +0.0100% | 4h | 0.04966 | +0.018% | $5.3M | $187.6M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04969 | +0.081% | $2.0M | $22.8M | 20x | as long as short |
| Gate PHA_USDTshort | +0.0100% | 4h | 0.04965 | 0.000% | $371K | $4.8M | 25x | |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04967 | +0.040% | $1.8M | $8.6M | 50x | as long as short |
| KuCoin PHAUSDTMlong | +0.0100% | 4h | 0.04965 | long leg | $458K | $3.9M | 30x | |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04969 | +0.081% | $1.5M | $20.2M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04964 | −0.020% | — | $3.4M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04971 | +0.116% | $156K | $399K | — | as long as short |
| BloFin PHA-USDT | +0.0116% | 4h | 0.04961 | −0.081% | $353K | $643K | 50x | as long as short |
Aster PHAUSDT
Binance PHAUSDT
Bybit PHAUSDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA
BloFin PHA-USDT