Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.121%
Price spread now: Phoenix against BloFin+0.345%7-day average −0.117% · 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−$299as in the Price arb table
costs, in and out, $10k−$3453.454% of the position
Funding, last 3 days (all we have)+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)+0.354%+$35 · spread now +0.345%, 7d avg −0.117%
=The price spread pays, funding is against you. Phoenix is 0.463% dearer against BloFin than usual: you sell high and buy low (spread +0.345% now, against its 7-day average of −0.117%): +$46 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin STONK-USDT | 0.3705 | 0.1555 | pay 0.0778% / 4h | 1h 33m | $90K | $239K | 5x |
| Short | Phoenix STONK | 0.3718 | 0.1531 | get 0.0191% / 1h | 33m 08s | $193K | $231K | 3x |
BloFin STONK-USDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- −$5.11
- Price spread: +0.345% → −0.117%
- $46.26
- Slippage, 4 orders
- −$326.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$304.23
- Costs to cover
- 3.454%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 43 min ago; Phoenix: live order book, 45 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 BloFin live order book, 43 min ago | 11.95 bp | 44.7 bp −$45 | 195.3 bp −$1,953 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 45 min ago | 46.75 bp | 120.0 bp −$120 | 293.9 bp −$2,939 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0100% | 4h | 0.3698 | −0.192% | $861K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3692 | −0.340% | $328K | $2.8M | 10x | as long as short |
| Bybit STONKUSDT | +0.1185% | 4h | 0.3695 | −0.270% | $1.5M | $7.0M | 5x | as long as short |
| Phoenix STONKshort | +0.1531% | 1h | 0.3718 | +0.345% | $193K | $231K | 3x | |
| BloFin STONK-USDTlong | +0.1555% | 4h | 0.3705 | long leg | $90K | $239K | 5x | |
| Gate STONK_USDT | +0.1988% | 4h | 0.3708 | +0.092% | $871K | $1.7M | 10x | as long as short |
| Aster STONKUSDT | +0.3226% | 1h | 0.3705 | +0.013% | $487K | $1.1M | 10x | as long as short |
| BingX STONK-USDT | +0.4580% | 4h | 0.3693 | −0.324% | — | $949K | — | as long as short |
| Lighter STONK | +0.5184% | 1h | 0.3716 | +0.310% | $433K | $629K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
Bybit STONKUSDT
Gate STONK_USDT
Aster STONKUSDT
BingX STONK-USDT
Lighter STONK