Funding you earn now, next payment 02:00 UTC+0.0693%/8h= +75.9% APRpaid last 24h +0.167%
Price spread now: Phoenix against Bitget+0.207%7-day average −0.113% · 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−$331as in the Price arb table
costs, in and out, $10k−$3643.635% of the position
Funding, last 4 days (all we have)+0.327%+$33 on $10k
+Price spread, last 4 days (all we have)−0.914%−$91 · spread now +0.207%, 7d avg −0.113%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Phoenix is 0.320% dearer against Bitget than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STONKUSDT | 0.3717 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $375K | $2.3M | 10x |
| Short | Phoenix STONK | 0.3724 | 0.0793 | get 0.0099% / 1h | 17m 26s | $214K | $256K | 3x |
Bitget STONKUSDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bitget. 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
- $145.47
- Price spread: +0.207% → −0.113%
- $32.02
- Slippage, 4 orders
- −$344.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$186.02
- Costs to cover
- 3.635%
- Break-even
- 16.0 days
Slippage from Bitget: live order book, 5 min ago; Phoenix: live order book, 40 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 Bitget live order book, 5 min ago | 10.74 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 40 min ago | 47.35 bp | 120.7 bp −$121 | 295.3 bp −$2,953 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit STONKUSDT | +0.0100% | 4h | 0.3716 | −0.019% | $1.7M | $6.4M | 5x | as long as short |
| MEXC STONK_USDT | +0.0100% | 4h | 0.3716 | −0.022% | $868K | $1.0M | 20x | as long as short |
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3717 | long leg | $375K | $2.3M | 10x | |
| BingX STONK-USDT | +0.0100% | 4h | 0.3714 | −0.073% | — | $911K | — | as long as short |
| BloFin STONK-USDT | +0.0360% | 4h | 0.3719 | +0.062% | $91K | $227K | 5x | as long as short |
| Aster STONKUSDT | +0.0691% | 1h | 0.3725 | +0.232% | $513K | $1.1M | 10x | as long as short |
| Phoenix STONKshort | +0.0793% | 1h | 0.3724 | +0.207% | $214K | $256K | 3x | |
| Gate STONK_USDT | +0.1290% | 4h | 0.3719 | +0.062% | $954K | $1.8M | 10x | as long as short |
| Lighter STONK | +0.4776% | 1h | 0.3737 | +0.552% | $445K | $540K | 5x | as long as short |
Bybit STONKUSDT
MEXC STONK_USDT
BingX STONK-USDT
BloFin STONK-USDT
Aster STONKUSDT
Gate STONK_USDT
Lighter STONK