Funding you earn now, next payment 00:00 UTC−0.0461%/8h= −50.4% APRnext payment −$2.30 per $10,000 · paid last 24h −0.191%
Price spread now: Aster against KuCoin+0.004%7-day average +0.090% · 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−$161as in the Price arb table
costs, in and out, $10k−$1531.527% of the position
Funding, last 5 days (all we have)−0.639%−$64 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.004%, 7d avg +0.090%
=Together, before fees−0.689%+ Points / potential airdropAster: Stage 5 · farm board−$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 0.086% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04995 | −0.0588 | get 0.0294% / 4h | 2h 23m | $423K | $3.9M | 30x |
| Short | Aster PHAUSDT | 0.04995 | −0.1049 | pay 0.0524% / 4h | 2h 23m | $9K | $759K | 5x |
KuCoin PHAUSDTM
Aster PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$96.73
- Price spread: +0.004% → +0.090%
- −$8.64
- Slippage, 4 orders
- −$132.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$258.04
- Costs to cover
- 1.527%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 63 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 KuCoin live order book, 4 min ago | 12.90 bp | 38.4 bp −$38 | 354.6 bp −$3,546 | doesn't fit | doesn't fit |
| Sell Aster live order book, 63 min ago | 7.89 bp | 30.7 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDTshort | −0.1049% | 4h | 0.04995 | +0.004% | $9K | $759K | 5x | |
| BloFin PHA-USDT | −0.0648% | 4h | 0.05009 | +0.280% | $356K | $634K | 50x | as long as short |
| MEXC PHA_USDT | −0.0642% | 4h | 0.05004 | +0.180% | $1.7M | $8.5M | 50x | as long as short |
| Binance PHAUSDT | −0.0630% | 4h | 0.04998 | +0.060% | $5.3M | $183.0M | 50x | as long as short |
| KuCoin PHAUSDTMlong | −0.0588% | 4h | 0.04995 | long leg | $423K | $3.9M | 30x | |
| Bitget PHAUSDT | −0.0020% | 4h | 0.04999 | +0.080% | $1.5M | $19.9M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05006 | +0.220% | $2.0M | $22.4M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04994 | −0.020% | $358K | $4.7M | 25x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04998 | +0.060% | — | $3.3M | — | as long as short |
| Variational Omni PHA | +0.0100% | 4h | 0.05042 | +0.947% | $168K | $390K | — | as long as short |
BloFin PHA-USDT
MEXC PHA_USDT
Binance PHAUSDT
Bitget PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
BingX PHA-USDT
Variational Omni PHA