Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bitget−0.033%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2842.845% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.033%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.024% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DJTUSDT | 9.1130 | 0 | get 0.0000% / 8h | 3h 46m | $87K | $804K | 20x |
| Short | Phemex DJTUSDT | 9.1100 | 0 | get 0.0000% / 8h | 3h 46m | $451K | $87K | 20x |
Bitget DJTUSDT
Phemex DJTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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: −0.033% → −0.009%
- −$2.36
- Slippage, 4 orders
- −$260.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$286.86
- Costs to cover
- 2.845%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Phemex: live order book, 5 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 Bitget live order book, 4 min ago | 18.11 bp | 53.4 bp −$53 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.48 bp | 93.7 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
DJT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX DJTUSDC | −0.0675% | 4h | 9.1121 | −0.010% | $124 | $239K | 10x | as long as short |
| Binance DJTUSDT | 0.0000% | 8h | 9.1118 | −0.013% | $468K | $1.2M | 20x | as long as short |
| Bybit DJTUSDT | 0.0000% | 8h | 9.1150 | +0.022% | $47K | $67K | 25x | as long as short |
| QFEX DJT-USD | 0.0000% | 1h | 9.1100 | −0.033% | $1.1M | $93K | 10x | as long as short |
| Gate DJT_USDT | 0.0000% | 8h | 9.1200 | +0.077% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDTlong | 0.0000% | 8h | 9.1130 | long leg | $87K | $804K | 20x | |
| HTX DJT-USDT | 0.0000% | 8h | 9.1200 | +0.077% | $6K | $83K | 20x | as long as short |
| Phemex DJTUSDTshort | 0.0000% | 8h | 9.1100 | −0.033% | $451K | $87K | 20x |
edgeX DJTUSDC
Binance DJTUSDT
Bybit DJTUSDT
QFEX DJT-USD
Gate DJT_USDT
HTX DJT-USDT