Funding you earn now, next payment 08:00 UTC−0.0251%/8h= −27.5% APRnext payment −$2.51 per $10,000 · paid last 24h −0.013%
Price spread now: Phemex against Binance+0.019%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 2 days (all we have)+0.010%+$1 · spread now +0.019%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DISUSDT | 104.13 | 0 | get 0.0000% / 8h | 1h 56m | $553K | $262K | 20x |
| Short | Phemex DISUSDT | 104.15 | −0.0251 | pay 0.0251% / 8h | 1h 56m | $1.3M | $20K | 10x |
Binance DISUSDT
Phemex DISUSDTFunding 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
- −$52.77
- Price spread: +0.019% → +0.036%
- −$1.65
- Slippage, 4 orders
- −$138.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$215.39
- Costs to cover
- 1.610%
- Break-even
- never at this rate
Slippage from Binance: live order book, 36 min ago; Phemex: live order book, 2 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 Binance live order book, 36 min ago | 3.36 bp | 20.6 bp −$21 | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.32 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
DIS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DISUSDTshort | −0.0251% | 8h | 104.15 | +0.019% | $1.3M | $20K | 10x | |
| Aster DISUSDT | 0.0000% | 8h | 104.13 | −0.002% | $4K | $277 | 20x | as long as short |
| Binance DISUSDTlong | 0.0000% | 8h | 104.13 | long leg | $553K | $262K | 20x | |
| Gate DIS_USDT | 0.0000% | 8h | 104.10 | −0.029% | $364K | $1K | 20x | as long as short |
| Variational Omni DIS | 0.0000% | 8h | 104.09 | −0.043% | $14K | $53K | — | as long as short |
| GRVT DIS_USDT_Perp | 0.0000% | 8h | 104.09 | −0.041% | $946 | $170K | 10x | as long as short |
| SunX DIS-USDT | 0.0000% | 8h | 104.10 | −0.029% | $1K | $679K | 10x | as long as short |
| HTX DIS-USDT | 0.0000% | 8h | 103.78 | −0.336% | $6K | $4K | 10x | as long as short |
| Injective DIS/USDC PERP | +0.0033% | 1h | 103.66 | −0.451% | $2K | $11K | 12x | as long as short |
| KuCoin DISUSDTM | +0.0100% | 8h | 103.58 | −0.528% | $271K | $730K | 20x | as long as short |
Aster DISUSDT
Gate DIS_USDT
Variational Omni DIS
GRVT DIS_USDT_Perp
SunX DIS-USDT
HTX DIS-USDT
Injective DIS/USDC PERP
KuCoin DISUSDTM