Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Aster−0.218%7-day average −0.155% · 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−$368as in the Price arb table
costs, in and out, $10k−$3623.616% of the position
Funding, last 6 days (all we have)+0.559%+$56 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now −0.218%, 7d avg −0.155%
=Together, before fees+0.857%+ Points / potential airdropAster: Stage 5 · farm board+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.063% cheaper against Aster than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.155%). If the spread goes back, that is −$6 on $10k: about 4.4 days of funding at the current rate (+$1 a day). At the pace of the last 6 days (+0.559% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.04704 | 0.0076 | pay 0.0038% / 4h | 1h 37m | $12K | $1.2M | 5x |
| Short | BloFin PHA-USDT | 0.04694 | 0.0123 | get 0.0061% / 4h | 1h 37m | $331K | $803K | 50x |
Aster PHAUSDT
BloFin PHA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $9.89
- Price spread: −0.218% → −0.155%
- −$6.29
- Slippage, 4 orders
- −$341.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$357.96
- Costs to cover
- 3.616%
- Break-even
- 260.2 days
Slippage from Aster: live order book, 1 min ago; BloFin: live order book, 50 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, 1 min ago | 18.09 bp | 164.5 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 11.69 bp | 34.1 bp −$34 | 120.3 bp −$1,203 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PHAUSDTM | −0.0002% | 4h | 0.04701 | −0.069% | $522K | $5.3M | 30x | as long as short |
| Aster PHAUSDTlong | +0.0076% | 4h | 0.04704 | long leg | $12K | $1.2M | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.04701 | −0.072% | $5.1M | $222.2M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04713 | +0.186% | $1.9M | $26.3M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04708 | +0.080% | $370K | $5.7M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04700 | −0.090% | $1.7M | $9.4M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04701 | −0.069% | $1.3M | $24.1M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04705 | +0.016% | — | $3.8M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.04680 | −0.522% | $171K | $434K | — | as long as short |
| BloFin PHA-USDTshort | +0.0123% | 4h | 0.04694 | −0.218% | $331K | $803K | 50x |
KuCoin PHAUSDTM
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA