Settings8H · net · $10k
Funding arb · Price arb /

AGPU

RWAall AGPU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AGPUUSDT12.8500get 0.0000% / 8h6h 58m$44K$70K10x
ShortBinance AGPUUSDT12.8400get 0.0000% / 8h6h 58m$340K$883K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex no order-book sample
Sell Binance live order book, 64 min ago3.86 bp53.0 bp −$53236.7 bp −$2,367doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AGPUUSDTshort0.0000%8h12.840−0.081%$340K$883K20x
Gate AGPU_USDT0.0000%8h12.822−0.218%$17K$48K20xas long as short
Bitget AGPUUSDT0.0000%8h12.884+0.265%$17K$54K20xas long as short
SunX AGPU-USDT0.0000%8h12.840−0.078%$2.6M10xas long as short
HTX AGPU-USDT0.0000%8h12.840−0.078%$2K$250K20xas long as short
Phemex AGPUUSDTlong0.0000%8h12.850long leg$44K$70K10x
Aster AGPUUSDT+0.0100%8h12.884+0.265%$4K$1K10xas long as short