Funding you earn now, next payment 21:00 UTC−0.0729%/8h= −79.8% APRpaid last 24h −0.017%
Price spread now: Gate against Phoenix+1.119%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$4364.361% of the position
Funding, last 7 days−0.899%−$90 on $10k
+Price spread, last 3 days (all we have)−0.805%−$81 · spread now +1.119%, 7d avg +0.122%
=The price spread pays, funding is against you. Gate is 0.997% dearer against Phoenix than usual: you sell high and buy low (spread +1.119% now, against its 7-day average of +0.122%): +$100 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 4.6 days.
| 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 05s | $190K | $231K | 3x |
| Short | Gate STONK_USDT | 0.3714 | 0.0740 | get 0.0370% / 4h | 2h 39m | $875K | $1.7M | 10x |
Phoenix STONK
Gate STONK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$153.04
- Price spread: +1.119% → +0.122%
- $99.7
- Slippage, 4 orders
- −$414.14
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$489.48
- Costs to cover
- 4.361%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 45 min ago; Gate: 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, 45 min ago | 47.13 bp | 142.4 bp −$142 | 370.6 bp −$3,706 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 14.97 bp | 85.9 bp −$86 | 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 | 0.3717 | +1.204% | $865K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3716 | +1.182% | $335K | $2.8M | 10x | as long as short |
| Bybit STONKUSDT | +0.0157% | 4h | 0.3721 | +1.321% | $1.5M | $7.1M | 5x | as long as short |
| BloFin STONK-USDT | +0.0378% | 4h | 0.3724 | +1.402% | $91K | $236K | 5x | as long as short |
| Gate STONK_USDTshort | +0.0740% | 4h | 0.3714 | +1.119% | $875K | $1.7M | 10x | |
| BingX STONK-USDT | +0.1096% | 4h | 0.3722 | +1.348% | — | $953K | — | as long as short |
| Phoenix STONKlong | +0.1469% | 1h | 0.3673 | long leg | $190K | $231K | 3x | |
| Aster STONKUSDT | +0.2334% | 1h | 0.3727 | +1.484% | $489K | $1.2M | 10x | as long as short |
| Lighter STONK | +0.4608% | 1h | 0.3737 | +1.748% | $414K | $660K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
Bybit STONKUSDT
BloFin STONK-USDT
BingX STONK-USDT
Aster STONKUSDT
Lighter STONK