Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.189%
Price spread now: Bitget against Gate−0.120%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3663.658% of the position
Funding, last 7 days+1.047%+$105 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.120%, 7d avg −0.117%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PHA_USDT | 0.05012 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $377K | $5.0M | 25x |
| Short | Bitget PHAUSDT | 0.05006 | 0.0100 | get 0.0050% / 4h | 2h 09m | $1.5M | $20.8M | 50x |
Gate PHA_USDT
Bitget PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.120% → −0.117%
- −$0.32
- Slippage, 4 orders
- −$338.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$366.13
- Costs to cover
- 3.658%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 9.90 bp | 158.3 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.94 bp | 39.3 bp −$39 | 106.0 bp −$1,060 | doesn't fit | doesn't fit |
PHA on 9 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 PHAUSDT | +0.0100% | 4h | 0.05000 | −0.247% | $14K | $940K | 5x | as long as short |
| Binance PHAUSDT | +0.0100% | 4h | 0.05000 | −0.239% | $5.9M | $194.5M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05007 | −0.100% | $2.0M | $23.6M | 20x | as long as short |
| Gate PHA_USDTlong | +0.0100% | 4h | 0.05012 | long leg | $377K | $5.0M | 25x | |
| MEXC PHA_USDT | +0.0100% | 4h | 0.05009 | −0.060% | $1.7M | $8.7M | 50x | as long as short |
| KuCoin PHAUSDTM | +0.0100% | 4h | 0.04997 | −0.299% | $457K | $4.2M | 30x | as long as short |
| Bitget PHAUSDTshort | +0.0100% | 4h | 0.05006 | −0.120% | $1.5M | $20.8M | 50x | |
| BingX PHA-USDT | +0.0100% | 4h | 0.05007 | −0.100% | — | $3.5M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05019 | +0.142% | $161K | $404K | — | as long as short |
Aster PHAUSDT
Binance PHAUSDT
Bybit PHAUSDT
MEXC PHA_USDT
KuCoin PHAUSDTM
BingX PHA-USDT
Variational Omni PHA