Funding you earn now, next payment 22:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h +0.026%
Price spread now: Phoenix against Gate+0.364%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$429as in the Price arb table
costs, in and out, $10k−$4784.780% of the position
Funding, last 7 days+0.901%+$90 on $10k
+Price spread, last 3 days (all we have)−0.494%−$49 · spread now +0.364%, 7d avg −0.123%
=The price spread pays, funding is against you. Phoenix is 0.487% dearer against Gate than usual: you sell high and buy low (spread +0.364% now, against its 7-day average of −0.123%): +$49 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.901%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STONK_USDT | 0.3684 | 0.1826 | pay 0.0913% / 4h | 1h 25m | $863K | $1.7M | 10x |
| Short | Phoenix STONK | 0.3697 | 0.1531 | get 0.0191% / 1h | 25m 34s | $193K | $231K | 3x |
Gate STONK_USDT
Phoenix STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$61.92
- Price spread: +0.364% → −0.123%
- $48.71
- Slippage, 4 orders
- −$456.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$491.25
- Costs to cover
- 4.780%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Phoenix: live order book, 52 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, 2 min ago | 11.25 bp | 106.9 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 52 min ago | 46.75 bp | 120.0 bp −$120 | 293.9 bp −$2,939 | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | −0.0890% | 4h | 0.3677 | −0.179% | $848K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3681 | −0.062% | $328K | $2.8M | 10x | as long as short |
| BingX STONK-USDT | +0.1066% | 4h | 0.3684 | +0.014% | — | $950K | — | as long as short |
| Bybit STONKUSDT | +0.1217% | 4h | 0.3681 | −0.068% | $1.5M | $7.0M | 5x | as long as short |
| BloFin STONK-USDT | +0.1489% | 4h | 0.3686 | +0.068% | $89K | $238K | 5x | as long as short |
| Phoenix STONKshort | +0.1531% | 1h | 0.3697 | +0.364% | $193K | $231K | 3x | |
| Gate STONK_USDTlong | +0.1826% | 4h | 0.3684 | long leg | $863K | $1.7M | 10x | |
| Aster STONKUSDT | +0.2627% | 1h | 0.3685 | +0.048% | $485K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.4984% | 1h | 0.3700 | +0.445% | $431K | $629K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
BingX STONK-USDT
Bybit STONKUSDT
BloFin STONK-USDT
Aster STONKUSDT
Lighter STONK