Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.046%
Price spread now: Binance against Phemex−0.081%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.081% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | Phemex AGPUUSDT | 12.850 | 0 | get 0.0000% / 8h | 6h 58m | $44K | $70K | 10x |
| Short | Binance AGPUUSDT | 12.840 | 0 | get 0.0000% / 8h | 6h 58m | $340K | $883K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $0
- Price spread: −0.081% → 0.000%
- −$8.07
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.07
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; Binance: live order book, 64 min ago. 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 Phemex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 64 min ago | 3.86 bp | 53.0 bp −$53 | 236.7 bp −$2,367 | doesn't fit | doesn't fit |
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 AGPUUSDTshort | 0.0000% | 8h | 12.840 | −0.081% | $340K | $883K | 20x | |
| Gate AGPU_USDT | 0.0000% | 8h | 12.822 | −0.218% | $17K | $48K | 20x | as long as short |
| Bitget AGPUUSDT | 0.0000% | 8h | 12.884 | +0.265% | $17K | $54K | 20x | as long as short |
| SunX AGPU-USDT | 0.0000% | 8h | 12.840 | −0.078% | — | $2.6M | 10x | as long as short |
| HTX AGPU-USDT | 0.0000% | 8h | 12.840 | −0.078% | $2K | $250K | 20x | as long as short |
| Phemex AGPUUSDTlong | 0.0000% | 8h | 12.850 | long leg | $44K | $70K | 10x | |
| Aster AGPUUSDT | +0.0100% | 8h | 12.884 | +0.265% | $4K | $1K | 10x | as long as short |
Phemex AGPUUSDT
Binance AGPUUSDT
Gate AGPU_USDT
Bitget AGPUUSDT
SunX AGPU-USDT
HTX AGPU-USDT
Aster AGPUUSDT