Funding you earn now, next payment 00:00 UTC−0.1299%/8h= −142.3% APRpaid last 24h −0.680%
Price spread now: Phoenix against MEXC+0.457%7-day average −0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$3483.479% of the position
Funding, last 7 days−1.514%−$151 on $10k
+Price spread, last 3 days (all we have)−0.749%−$75 · spread now +0.457%, 7d avg −0.167%
=The price spread pays, funding is against you. Phoenix is 0.623% dearer against MEXC than usual: you sell high and buy low (spread +0.457% now, against its 7-day average of −0.167%): +$62 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STONK_USDT | 0.3744 | 0.3428 | pay 0.1714% / 4h | 3h 01m | $884K | $1.1M | 20x |
| Short | Phoenix STONK | 0.3761 | 0.2129 | get 0.0266% / 1h | 1m 16s | $210K | $244K | 3x |
MEXC STONK_USDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against MEXC. 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
- −$272.84
- Price spread: +0.457% → −0.167%
- $62.33
- Slippage, 4 orders
- −$320.95
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$558.45
- Costs to cover
- 3.479%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Phoenix: live order book, 66 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 MEXC live order book, 4 min ago | 8.38 bp | 43.8 bp −$44 | 69.7 bp −$697 | 512.1 bp −$51.2K | doesn't fit |
| Sell Phoenix live order book, 66 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 | +0.0212% | 4h | 0.3739 | −0.131% | $384K | $2.7M | 10x | as long as short |
| Phoenix STONKshort | +0.2129% | 1h | 0.3761 | +0.457% | $210K | $244K | 3x | |
| Bybit STONKUSDT | +0.2235% | 4h | 0.3743 | −0.032% | $1.7M | $6.9M | 5x | as long as short |
| Gate STONK_USDT | +0.2360% | 4h | 0.3755 | +0.291% | $932K | $1.8M | 10x | as long as short |
| MEXC STONK_USDTlong | +0.3428% | 4h | 0.3744 | long leg | $884K | $1.1M | 20x | |
| BloFin STONK-USDT | +0.3542% | 4h | 0.3744 | −0.005% | $90K | $243K | 5x | as long as short |
| BingX STONK-USDT | +0.3604% | 4h | 0.3744 | −0.005% | — | $930K | — | as long as short |
| Aster STONKUSDT | +0.7058% | 1h | 0.3751 | +0.194% | $519K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.7864% | 1h | 0.3761 | +0.438% | $453K | $586K | 5x | as long as short |
Bitget STONKUSDT
Bybit STONKUSDT
Gate STONK_USDT
BloFin STONK-USDT
BingX STONK-USDT
Aster STONKUSDT
Lighter STONK