Funding you earn now, next payment 00:00 UTC+0.1471%/8h= +161.1% APRnext payment +$7.35 per $10,000 · paid last 24h +0.255%
Price spread now: BingX against Aster−0.092%7-day average −0.110% · 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−$112as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
Funding, last 5 days (all we have)+0.695%+$70 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.092%, 7d avg −0.110%
=Together, before fees+0.919%+ Points / potential airdropAster: Stage 5 · farm board+$92 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.110%, so right now this pair is about funding alone: +$44 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.695% in total (about 48.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.35 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 PHAUSDT | 0.05095 | −0.1371 | get 0.0685% / 4h | 2h 52m | $8K | $752K | 5x |
| Short | BingX PHA-USDT | 0.05090 | 0.0100 | get 0.0050% / 4h | 2h 52m | — | $3.3M | — |
Aster PHAUSDT
BingX PHA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $308.87
- Price spread: −0.092% → −0.110%
- $1.79
- Slippage, 4 orders
- −$95.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $196.92
- Costs to cover
- 1.137%
- Break-even
- 2.5 days
Slippage from Aster: live order book, 34 min ago; BingX: live order book, 12 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, 34 min ago | 7.89 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.96 bp | 23.1 bp −$23 | 84.7 bp −$847 | 462.8 bp −$46.3K | 972.0 bp −$486.0K |
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 | 0.05095 | long leg | $8K | $752K | 5x | |
| BloFin PHA-USDT | −0.0969% | 4h | 0.05074 | −0.406% | $359K | $639K | 50x | as long as short |
| Binance PHAUSDT | −0.0921% | 4h | 0.05088 | −0.133% | $5.4M | $182.3M | 50x | as long as short |
| MEXC PHA_USDT | −0.0920% | 4h | 0.05087 | −0.151% | $1.8M | $8.4M | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0828% | 4h | 0.05084 | −0.210% | $446K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | −0.0144% | 4h | 0.05091 | −0.073% | $1.5M | $19.9M | 50x | as long as short |
| Variational Omni PHA | −0.0004% | 4h | 0.05064 | −0.593% | $158K | $380K | — | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05091 | −0.073% | $2.0M | $22.3M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05086 | −0.171% | $363K | $4.7M | 25x | as long as short |
| BingX PHA-USDTshort | +0.0100% | 4h | 0.05090 | −0.092% | — | $3.3M | — |
BloFin PHA-USDT
Binance PHAUSDT
MEXC PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
Variational Omni PHA
Bybit PHAUSDT
Gate PHA_USDT