Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against Phemex−0.247%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$2862.864% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.247%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.284% cheaper against Phemex than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex DJTUSDT | 9.1200 | 0 | get 0.0000% / 8h | 1h 22m | $455K | $90K | 20x |
| Short | Binance DJTUSDT | 9.0975 | 0 | get 0.0000% / 8h | 1h 22m | $474K | $1.2M | 20x |
Phemex DJTUSDT
Binance DJTUSDTFunding 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: −0.247% → +0.038%
- −$28.42
- Slippage, 4 orders
- −$264.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$314.78
- Costs to cover
- 2.864%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 20 min ago; Binance: live order book, 10 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 Phemex live order book, 20 min ago | 5.48 bp | 107.1 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.85 bp | 25.3 bp −$25 | 126.6 bp −$1,266 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DJTUSDTshort | 0.0000% | 8h | 9.0975 | −0.247% | $474K | $1.2M | 20x | |
| Bybit DJTUSDT | 0.0000% | 8h | 9.0890 | −0.340% | $48K | $65K | 25x | as long as short |
| QFEX DJT-USD | 0.0000% | 1h | 9.0700 | −0.548% | $1.1M | $97K | 10x | as long as short |
| Gate DJT_USDT | 0.0000% | 8h | 9.1040 | −0.175% | $28K | $8K | 20x | as long as short |
| Bitget DJTUSDT | 0.0000% | 8h | 9.0830 | −0.406% | $84K | $782K | 20x | as long as short |
| HTX DJT-USDT | 0.0000% | 8h | 9.1000 | −0.219% | $6K | $95K | 20x | as long as short |
| Phemex DJTUSDTlong | 0.0000% | 8h | 9.1200 | long leg | $455K | $90K | 20x | |
| edgeX DJTUSDC | +0.0720% | 4h | 9.0946 | −0.279% | $124 | $238K | 10x | as long as short |
Bybit DJTUSDT
QFEX DJT-USD
Gate DJT_USDT
Bitget DJTUSDT
HTX DJT-USDT
edgeX DJTUSDC