Funding you earn now, next payment 00:00 UTC−0.6073%/8h= −665.0% APRnext payment −$7.59 per $10,000 · paid last 24h −0.115%
Price spread now: Phoenix against Aster−0.821%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$557as in the Funding arb table
Net, price: spread back to 7d avg − costs−$569as in the Price arb table
costs, in and out, $10k−$4934.929% of the position
Funding, last 7 days−0.643%−$64 on $10k
+Price spread, last 3 days (all we have)+0.591%+$59 · spread now −0.821%, 7d avg −0.066%
=Together, before fees−0.052%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$182 a day on $10k at the current rate, and Phoenix is 0.756% cheaper against Aster than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.643% in total (about -33.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster STONKUSDT | 0.3775 | 0.8202 | pay 0.1025% / 1h | 34m 46s | $508K | $1.1M | 10x |
| Short | Phoenix STONK | 0.3744 | 0.2129 | get 0.0266% / 1h | 34m 46s | $207K | $244K | 3x |
Aster STONKUSDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- −$1,275.38
- Price spread: −0.821% → −0.066%
- −$75.56
- Slippage, 4 orders
- −$477.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$1,843.88
- Costs to cover
- 4.929%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Phoenix: live order book, 33 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 Aster live order book, 3 min ago | 11.98 bp | 113.6 bp −$114 | 2739.5 bp −$27.4K | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 33 min ago | 46.91 bp | 119.9 bp −$120 | 291.9 bp −$2,919 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0336% | 4h | 0.3764 | −0.297% | $368K | $2.8M | 10x | as long as short |
| MEXC STONK_USDT | +0.1496% | 4h | 0.3751 | −0.638% | $876K | $1.1M | 20x | as long as short |
| Phoenix STONKshort | +0.2129% | 1h | 0.3744 | −0.821% | $207K | $244K | 3x | |
| Bybit STONKUSDT | +0.3165% | 4h | 0.3760 | −0.397% | $1.7M | $7.1M | 5x | as long as short |
| BingX STONK-USDT | +0.4552% | 4h | 0.3762 | −0.344% | — | $940K | — | as long as short |
| BloFin STONK-USDT | +0.6480% | 4h | 0.3747 | −0.742% | $90K | $242K | 5x | as long as short |
| Lighter STONK | +0.7704% | 1h | 0.3766 | −0.233% | $450K | $582K | 5x | as long as short |
| Aster STONKUSDTlong | +0.8202% | 1h | 0.3775 | long leg | $508K | $1.1M | 10x | |
| Gate STONK_USDT | +1.0286% | 4h | 0.3771 | −0.093% | $948K | $1.7M | 10x | as long as short |
Bitget STONKUSDT
MEXC STONK_USDT
Bybit STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Lighter STONK
Gate STONK_USDT