Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.136%
Price spread now: Aster against MEXC+0.128%7-day average +0.173% · 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−$83as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 5 days (all we have)−0.549%−$55 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.128%, 7d avg +0.173%
=Together, before fees−0.604%+ Points / potential airdropAster: Stage 5 · farm board−$60 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 0.044% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PHA_USDT | 0.05106 | 0.0100 | pay 0.0050% / 4h | 36m 59s | $1.9M | $8.6M | 50x |
| Short | Aster PHAUSDT | 0.05113 | 0.0100 | get 0.0050% / 4h | 36m 59s | $9K | $787K | 5x |
MEXC PHA_USDT
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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% → +0.173%
- −$4.43
- Slippage, 4 orders
- −$66.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$82.76
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Aster: live order book, 41 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 MEXC live order book, 1 min ago | 1.96 bp | 7.5 bp −$8 | 32.2 bp −$322 | 111.2 bp −$11.1K | 278.2 bp −$139.1K |
| Sell Aster live order book, 41 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 | +0.0083% | 4h | 0.05109 | +0.059% | $358K | $660K | 50x | as long as short |
| Aster PHAUSDTshort | +0.0100% | 4h | 0.05113 | +0.128% | $9K | $787K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.05113 | +0.135% | $5.6M | $185.6M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05117 | +0.215% | $2.1M | $22.6M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05113 | +0.137% | $385K | $4.7M | 25x | as long as short |
| MEXC PHA_USDTlong | +0.0100% | 4h | 0.05106 | long leg | $1.9M | $8.6M | 50x | |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.05112 | +0.118% | $442K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05111 | +0.098% | $1.5M | $20.1M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05115 | +0.176% | — | $3.4M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05086 | −0.394% | $160K | $399K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA