Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.149%
Price spread now: Bybit against Phemex+0.106%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.106% dearer against Phemex than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ANETUSDT | 206.98 | 0 | get 0.0000% / 8h | 7h 24m | $21K | $34K | 10x |
| Short | Bybit ANETUSDT | 207.20 | 0 | get 0.0000% / 8h | 7h 24m | $84K | $202K | 25x |
Phemex ANETUSDT
Bybit ANETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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: +0.106% → 0.000%
- $10.63
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.37
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; Bybit: live order book, 31 min ago. Net counts fees only.
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 Phemex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 31 min ago | 7.49 bp | 107.1 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
Phemex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ANET on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ANETUSDTshort | 0.0000% | 8h | 207.20 | +0.106% | $84K | $202K | 25x | |
| Gate ANET_USDT | 0.0000% | 8h | 206.79 | −0.092% | $170K | $8K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 206.61 | −0.179% | $78K | $121K | 20x | as long as short |
| Phemex ANETUSDTlong | 0.0000% | 8h | 206.98 | long leg | $21K | $34K | 10x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.561% | $2K | $32K | 12x | as long as short |
| HTX ANET-USDT | +0.0100% | 8h | 207.00 | +0.010% | $3K | $66K | 20x | as long as short |
| Binance ANETUSDT | +0.0219% | 8h | 206.92 | −0.031% | $142K | $415K | 20x | as long as short |
Gate ANET_USDT
Bitget ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT
Binance ANETUSDT