Funding you earn now, next payment 21:00 UTC+0.0865%/8h= +94.7% APRnext payment +$1.08 per $10,000 · paid last 24h +0.027%
Price spread now: Aster against Phoenix+1.763%105s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4754.748% of the position
Funding, last 7 days+0.654%+$65 on $10k
+Price spread, last 3 days (all we have)−1.376%−$138 · spread now +1.763%, 7d avg +0.056%
=Together, before fees−0.721%+ Points / potential airdropAster: Stage 5 · farm board−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Aster is 1.707% dearer against Phoenix than usual: you sell high and buy low: +$171 more if the spread goes back to its 7-day average of +0.056%. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix STONK | 0.3673 | 0.1469 | pay 0.0184% / 1h | 39m 44s | $190K | $231K | 3x |
| Short | Aster STONKUSDT | 0.3737 | 0.2334 | get 0.0292% / 1h | 39m 44s | $490K | $1.2M | 10x |
Phoenix STONK
Aster STONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- $181.67
- Price spread: +1.763% → +0.056%
- $170.68
- Slippage, 4 orders
- −$459.81
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$122.46
- Costs to cover
- 4.748%
- Break-even
- 11.7 days
Slippage from Phoenix: live order book, 44 min ago; Aster: live order book, 3 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 Phoenix live order book, 44 min ago | 47.13 bp | 142.4 bp −$142 | 370.6 bp −$3,706 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 12.20 bp | 104.4 bp −$104 | doesn't fit | 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 | 0.3723 | +1.383% | $867K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3715 | +1.146% | $336K | $2.8M | 10x | as long as short |
| Bybit STONKUSDT | +0.0180% | 4h | 0.3726 | +1.457% | $1.5M | $7.1M | 5x | as long as short |
| BloFin STONK-USDT | +0.0374% | 4h | 0.3695 | +0.613% | $91K | $234K | 5x | as long as short |
| Gate STONK_USDT | +0.0740% | 4h | 0.3731 | +1.582% | $881K | $1.7M | 10x | as long as short |
| BingX STONK-USDT | +0.1096% | 4h | 0.3724 | +1.402% | — | $953K | — | as long as short |
| Phoenix STONKlong | +0.1469% | 1h | 0.3673 | long leg | $190K | $231K | 3x | |
| Aster STONKUSDTshort | +0.2334% | 1h | 0.3737 | +1.763% | $490K | $1.2M | 10x | |
| Lighter STONK | +0.4608% | 1h | 0.3737 | +1.745% | $414K | $660K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
Bybit STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT
BingX STONK-USDT
Lighter STONK