Funding you earn now, next payment 00:00 UTC+0.2092%/8h= +229.0% APRnext payment +$20.92 per $10,000 · paid last 24h −0.109%
Price spread now: Phemex against Binance+0.144%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$63 a day on $10k at the current rate, and Phemex is 0.144% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AGPUUSDT | 12.732 | −0.2092 | get 0.2092% / 8h | 1h 16m | $336K | $913K | 20x |
| Short | Phemex AGPUUSDT | 12.750 | 0 | get 0.0000% / 8h | 1h 16m | $40K | $72K | 10x |
Binance AGPUUSDT
Phemex AGPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- $439.26
- Price spread: +0.144% → 0.000%
- $14.41
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $431.66
- Costs to cover
- 0.220%
- Break-even
- 0.1 days
Slippage unknown: Binance: live order book, 46 min ago; Phemex: no order-book sample. Net counts fees only.
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 Binance live order book, 46 min ago | 15.59 bp | 83.1 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex no order-book sample | — | — | — | — | — |
Phemex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AGPU on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance AGPUUSDTlong | −0.2092% | 8h | 12.732 | long leg | $336K | $913K | 20x | |
| Aster AGPUUSDT | −0.0829% | 8h | 12.808 | +0.598% | $4K | $397 | 10x | as long as short |
| Gate AGPU_USDT | 0.0000% | 8h | 12.728 | −0.029% | $17K | $54K | 20x | as long as short |
| Bitget AGPUUSDT | 0.0000% | 8h | 12.792 | +0.474% | $16K | $57K | 20x | as long as short |
| SunX AGPU-USDT | 0.0000% | 8h | 12.720 | −0.092% | — | $2.9M | 10x | as long as short |
| HTX AGPU-USDT | 0.0000% | 8h | 12.760 | +0.223% | $2K | $247K | 20x | as long as short |
| Phemex AGPUUSDTshort | 0.0000% | 8h | 12.750 | +0.144% | $40K | $72K | 10x |
Aster AGPUUSDT
Gate AGPU_USDT
Bitget AGPUUSDT
SunX AGPU-USDT
HTX AGPU-USDT