Funding you earn now, next payment 00:00 UTC−0.1824%/8h= −199.7% APRnext payment −$18.24 per $10,000 · paid last 24h +0.109%
Price spread now: Binance against Phemex+0.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.046% dearer against Phemex than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AGPUUSDT | 12.760 | 0 | get 0.0000% / 8h | 35m 45s | $41K | $73K | 10x |
| Short | Binance AGPUUSDT | 12.766 | −0.1824 | pay 0.1824% / 8h | 35m 45s | $335K | $913K | 20x |
Phemex AGPUUSDT
Binance AGPUUSDTFunding 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
- −$383.07
- Price spread: +0.046% → 0.000%
- $4.58
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$400.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 3.92 bp | 45.3 bp −$45 | 209.6 bp −$2,096 | doesn't fit | doesn't fit |
Phemex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AGPU on 7 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 AGPUUSDTshort | −0.1824% | 8h | 12.766 | +0.046% | $335K | $913K | 20x | |
| Aster AGPUUSDT | −0.0668% | 8h | 12.769 | +0.071% | $4K | $397 | 10x | as long as short |
| Gate AGPU_USDT | 0.0000% | 8h | 12.734 | −0.204% | $17K | $54K | 20x | as long as short |
| Bitget AGPUUSDT | 0.0000% | 8h | 12.772 | +0.094% | $16K | $57K | 20x | as long as short |
| SunX AGPU-USDT | 0.0000% | 8h | 12.750 | −0.078% | — | $2.9M | 10x | as long as short |
| HTX AGPU-USDT | 0.0000% | 8h | 12.770 | +0.078% | $3K | $242K | 20x | as long as short |
| Phemex AGPUUSDTlong | 0.0000% | 8h | 12.760 | long leg | $41K | $73K | 10x |
Aster AGPUUSDT
Gate AGPU_USDT
Bitget AGPUUSDT
SunX AGPU-USDT
HTX AGPU-USDT