Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.133%
Price spread now: Binance against Phemex+0.044%7-day average — · you sell dearer than you buy
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 0.044% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it 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 | Phemex ANETUSDT | 204.90 | 0 | get 0.0000% / 8h | 18m 51s | $23K | $33K | 10x |
| Short | Binance ANETUSDT | 204.99 | 0 | get 0.0000% / 8h | 18m 51s | $129K | $409K | 20x |
Phemex ANETUSDT
Binance ANETUSDTFunding 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: +0.044% → 0.000%
- $4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.61
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; Binance: live order book, 58 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, 58 min ago | 0.24 bp | 91.5 bp −$92 | doesn't fit | 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.
ANET 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 ANETUSDTshort | 0.0000% | 8h | 204.99 | +0.044% | $129K | $409K | 20x | |
| Gate ANET_USDT | 0.0000% | 8h | 205.12 | +0.107% | $168K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 204.30 | −0.293% | $81K | $110K | 20x | as long as short |
| Phemex ANETUSDTlong | 0.0000% | 8h | 204.90 | long leg | $23K | $33K | 10x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −2.582% | $2K | $32K | 12x | as long as short |
| Bybit ANETUSDT | +0.0050% | 8h | 204.72 | −0.088% | $77K | $213K | 25x | as long as short |
| HTX ANET-USDT | +0.0100% | 8h | 205.35 | +0.220% | $3K | $40K | 20x | as long as short |
Gate ANET_USDT
Bitget ANETUSDT
Injective ANET/USDC PERP
Bybit ANETUSDT
HTX ANET-USDT