Funding you earn now, next payment 23:00 UTC−0.1241%/8h= −135.9% APRpaid last 24h +0.040%
Price spread now: Phoenix against Gate+0.233%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4934.934% of the position
Funding, last 7 days+0.903%+$90 on $10k
+Price spread, last 3 days (all we have)−0.386%−$39 · spread now +0.233%, 7d avg −0.124%
=The price spread pays, funding is against you. Phoenix is 0.356% dearer against Gate than usual: you sell high and buy low (spread +0.233% now, against its 7-day average of −0.124%): +$36 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.903%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STONK_USDT | 0.3607 | 0.2588 | pay 0.1294% / 4h | 9m 14s | $895K | $1.8M | 10x |
| Short | Phoenix STONK | 0.3616 | 0.1347 | get 0.0168% / 1h | 9m 14s | $197K | $238K | 3x |
Gate STONK_USDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Gate. 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
- −$260.69
- Price spread: +0.233% → −0.124%
- $35.65
- Slippage, 4 orders
- −$471.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$718.44
- Costs to cover
- 4.934%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Phoenix: live order book, 64 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 Gate live order book, 3 min ago | 7.34 bp | 145.4 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 64 min ago | 9.81 bp | 147.9 bp −$148 | 324.1 bp −$3,241 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0346% | 4h | 0.3622 | +0.416% | $338K | $2.8M | 10x | as long as short |
| Phoenix STONKshort | +0.1347% | 1h | 0.3616 | +0.233% | $197K | $238K | 3x | |
| Bybit STONKUSDT | +0.1905% | 4h | 0.3625 | +0.491% | $1.6M | $7.0M | 5x | as long as short |
| BingX STONK-USDT | +0.1948% | 4h | 0.3626 | +0.518% | — | $949K | — | as long as short |
| MEXC STONK_USDT | +0.2490% | 4h | 0.3621 | +0.369% | $820K | $1.1M | 20x | as long as short |
| BloFin STONK-USDT | +0.2491% | 4h | 0.3620 | +0.352% | $91K | $237K | 5x | as long as short |
| Gate STONK_USDTlong | +0.2588% | 4h | 0.3607 | long leg | $895K | $1.8M | 10x | |
| Aster STONKUSDT | +0.7039% | 1h | 0.3628 | +0.562% | $488K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.7096% | 1h | 0.3632 | +0.687% | $426K | $608K | 5x | as long as short |
Bitget STONKUSDT
Bybit STONKUSDT
BingX STONK-USDT
MEXC STONK_USDT
BloFin STONK-USDT
Aster STONKUSDT
Lighter STONK