Funding you earn now, next payment 00:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.134%
Price spread now: Binance against Aster−0.357%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 5 days (all we have)+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.357%, 7d avg −0.184%
=Together, before fees+0.657%+ Points / potential airdropAster: Stage 5 · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.173% cheaper against Aster than usual: you would sell low and buy high (spread −0.357% now, against its 7-day average of −0.184%). If the spread goes back, that is −$17 on $10k: about 31 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.05109 | −0.1371 | get 0.0685% / 4h | 2h 54m | $8K | $752K | 5x |
| Short | Binance PHAUSDT | 0.05091 | −0.0921 | pay 0.0460% / 4h | 2h 54m | $5.4M | $182.3M | 50x |
Aster PHAUSDT
Binance PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $94.54
- Price spread: −0.357% → −0.184%
- −$17.32
- Slippage, 4 orders
- −$91.2
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.98
- Costs to cover
- 1.092%
- Break-even
- 9.4 days
Slippage from Aster: live order book, 33 min ago; Binance: live order book, 4 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, 33 min ago | 7.89 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.99 bp | 19.2 bp −$19 | 91.9 bp −$919 | doesn't fit | doesn't fit |
PHA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDTlong | −0.1371% | 4h | 0.05109 | long leg | $8K | $752K | 5x | |
| MEXC PHA_USDT | −0.0934% | 4h | 0.05104 | −0.103% | $1.8M | $8.4M | 50x | as long as short |
| Binance PHAUSDTshort | −0.0921% | 4h | 0.05091 | −0.357% | $5.4M | $182.3M | 50x | |
| BloFin PHA-USDT | −0.0918% | 4h | 0.05090 | −0.377% | $366K | $640K | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0846% | 4h | 0.05095 | −0.279% | $446K | $3.8M | 30x | as long as short |
| Bitget PHAUSDT | −0.0148% | 4h | 0.05095 | −0.279% | $1.5M | $19.9M | 50x | as long as short |
| Variational Omni PHA | −0.0004% | 4h | 0.05064 | −0.877% | $158K | $380K | — | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05098 | −0.220% | $2.0M | $22.3M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05099 | −0.201% | $363K | $4.7M | 25x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05100 | −0.181% | — | $3.3M | — | as long as short |
MEXC PHA_USDT
BloFin PHA-USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
Variational Omni PHA
Bybit PHAUSDT
Gate PHA_USDT
BingX PHA-USDT