Funding you earn now, next payment 00:00 UTC+0.0284%/8h= +31.1% APRnext payment +$2.84 per $10,000 · paid last 24h +0.108%
Price spread now: Binance against Phemex+0.013%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ANETUSDT | 206.59 | 0 | get 0.0000% / 8h | 13m 37s | $21K | $33K | 10x |
| Short | Binance ANETUSDT | 206.62 | 0.0284 | get 0.0284% / 8h | 13m 37s | $143K | $408K | 20x |
Phemex ANETUSDT
Binance ANETUSDTFunding 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
- $59.67
- Price spread: +0.013% → 0.000%
- $1.35
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $39.01
- Costs to cover
- 0.220%
- Break-even
- 2.4 days
Slippage unknown: Phemex: no order-book sample; Binance: live order book, 33 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, 33 min ago | 4.12 bp | 126.0 bp −$126 | doesn't fit | 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.
ANET 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ANET_USDT | 0.0000% | 8h | 206.70 | +0.053% | $170K | $9K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.93 | −0.319% | $79K | $118K | 20x | as long as short |
| Phemex ANETUSDTlong | 0.0000% | 8h | 206.59 | long leg | $21K | $33K | 10x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.379% | $2K | $32K | 12x | as long as short |
| HTX ANET-USDT | +0.0100% | 8h | 206.80 | +0.102% | $3K | $72K | 20x | as long as short |
| Binance ANETUSDTshort | +0.0284% | 8h | 206.62 | +0.013% | $143K | $408K | 20x | |
| Bybit ANETUSDT | +0.0535% | 8h | 206.49 | −0.048% | $83K | $203K | 25x | as long as short |
Gate ANET_USDT
Bitget ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT
Bybit ANETUSDT