Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%
Price spread now: Aster against Gate+0.343%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$5135.125% of the position
Funding, last 5 days (all we have)+0.402%+$40 on $10k
+Price spread, last 4 days (all we have)−0.442%−$44 · spread now +0.343%, 7d avg +0.071%
=Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 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: Aster is 0.272% dearer against Gate than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PHA_USDT | 0.05324 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $389K | $5.0M | 25x |
| Short | Aster PHAUSDT | 0.05342 | 0.0100 | get 0.0050% / 4h | 1h 17m | $20K | $979K | 5x |
Gate PHA_USDT
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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: +0.343% → +0.071%
- $27.16
- Slippage, 4 orders
- −$489.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$485.39
- Costs to cover
- 5.125%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; Aster: live order book, 45 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 Gate live order book, just now | 7.51 bp | 192.8 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 45 min ago | 10.82 bp | 37.9 bp −$38 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PHA-USDT | +0.0097% | 4h | 0.05303 | −0.394% | $400K | $712K | 50x | as long as short |
| Aster PHAUSDTshort | +0.0100% | 4h | 0.05342 | +0.343% | $20K | $979K | 5x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.05311 | −0.250% | $6.1M | $197.6M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05323 | −0.019% | $2.2M | $23.8M | 20x | as long as short |
| Gate PHA_USDTlong | +0.0100% | 4h | 0.05324 | long leg | $389K | $5.0M | 25x | |
| MEXC PHA_USDT | +0.0100% | 4h | 0.05320 | −0.075% | $1.8M | $8.8M | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.05323 | −0.019% | $471K | $4.3M | 30x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.05307 | −0.319% | $1.6M | $21.1M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05320 | −0.075% | — | $3.5M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05346 | +0.413% | $172K | $404K | — | as long as short |
BloFin PHA-USDT
Binance PHAUSDT
Bybit PHAUSDT
MEXC PHA_USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
BingX PHA-USDT
Variational Omni PHA