Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.135%
Price spread now: MEXC against Aster−0.094%7-day average −0.157% · 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−$180as in the Price arb table
costs, in and out, $10k−$1861.864% of the position
Funding, last 5 days (all we have)+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.094%, 7d avg −0.157%
=Together, before fees+0.645%+ Points / potential airdropAster: Stage 5 · farm board+$64 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: MEXC is 0.063% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PHAUSDT | 0.05062 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $10K | $951K | 5x |
| Short | MEXC PHA_USDT | 0.05057 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1.7M | $8.7M | 50x |
Aster PHAUSDT
MEXC PHA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.094% → −0.157%
- $6.32
- Slippage, 4 orders
- −$174.4
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$180.08
- Costs to cover
- 1.864%
- Break-even
- never at this rate
Slippage from Aster: live order book, 22 min ago; MEXC: live order book, 7 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, 22 min ago | 10.82 bp | 129.0 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 2.00 bp | 8.4 bp −$8 | 47.5 bp −$475 | 106.5 bp −$10.7K | 297.6 bp −$148.8K |
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 | +0.0082% | 4h | 0.05053 | −0.173% | $472K | $4.3M | 30x | as long as short |
| Aster PHAUSDTlong | +0.0100% | 4h | 0.05062 | long leg | $10K | $951K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.05060 | −0.035% | $6.0M | $195.3M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05060 | −0.035% | $2.0M | $23.6M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.05060 | −0.035% | $378K | $5.0M | 25x | as long as short |
| MEXC PHA_USDTshort | +0.0100% | 4h | 0.05057 | −0.094% | $1.7M | $8.7M | 50x | |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05057 | −0.094% | $1.5M | $20.9M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05058 | −0.074% | — | $3.5M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05058 | −0.074% | $162K | $404K | — | as long as short |
| BloFin PHA-USDT | +0.0106% | 4h | 0.05052 | −0.193% | $392K | $677K | 50x | as long as short |
KuCoin PHAUSDTM
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA
BloFin PHA-USDT