Settings8H · net · $10k
Funding arb · Price arb /

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.191%
Price spread now: KuCoin against Aster−0.016%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1751.749% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.639%+$64 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.016%, 7d avg −0.086%
Together, before fees+0.612%+ Points / potential airdropAster: Stage 5 · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.070% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PHAUSDT0.049710.0100pay 0.0050% / 4h2h 22m$11K$935K5x
ShortKuCoin PHAUSDTM0.049700.0100get 0.0050% / 4h2h 22m$444K$4.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.016% → −0.086%
$6.97
Slippage, 4 orders
−$154.92
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$167.95
Costs to cover
1.749%
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 45 min ago12.52 bp36.9 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago11.94 bp47.6 bp −$48212.2 bp −$2,122doesn't fitdoesn't fit

PHA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PHAUSDTlong+0.0100%4h0.04971long leg$11K$935K5x
Binance PHAUSDT+0.0100%4h0.04975+0.078%$5.8M$194.1M50xas long as short
Bybit PHAUSDT+0.0100%4h0.04978+0.144%$2.0M$23.5M20xas long as short
Gate PHA_USDT+0.0100%4h0.04971+0.004%$375K$4.9M25xas long as short
MEXC PHA_USDT+0.0100%4h0.04970−0.016%$1.7M$8.7M50xas long as short
KuCoin PHAUSDTMshort+0.0100%4h0.04970−0.016%$444K$4.2M30x
Bitget PHAUSDT+0.0100%4h0.04974+0.064%$1.5M$20.8M50xas long as short
BingX PHA-USDT+0.0100%4h0.04978+0.144%$3.5Mas long as short
Variational Omni PHA+0.0100%4h0.05013+0.842%$161K$404Kas long as short