Settings8H · net · $10k
Funding arb · Price arb /

PHA

all PHA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h +0.140%
Price spread now: BloFin against Aster−0.432%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2142.137% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.555%+$55 on $10k
Price spread, last 4 days (all we have)+0.915%+$92 · spread now −0.432%, 7d avg −0.137%
Together, before fees+1.470%+ Points / potential airdropAster: Stage 5 · farm board+$147 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: BloFin is 0.296% cheaper against Aster than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PHAUSDT0.053260.0100pay 0.0050% / 4h1h 18m$20K$979K5x
ShortBloFin PHA-USDT0.053030.0097get 0.0049% / 4h1h 18m$400K$712K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.62
Price spread: −0.432% → −0.137%
−$29.58
Slippage, 4 orders
−$193.66
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$243.86
Costs to cover
2.137%
Break-even
never at this rate
Slippage from Aster: live order book, 44 min ago; BloFin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 44 min ago10.82 bp129.0 bp −$129doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 23 min ago2.97 bp21.1 bp −$2188.9 bp −$889doesn't fitdoesn't fit

PHA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PHA-USDTshort+0.0097%4h0.05303−0.432%$400K$712K50x
Aster PHAUSDTlong+0.0100%4h0.05326long leg$20K$979K5x
Binance PHAUSDT+0.0100%4h0.05329+0.056%$6.1M$197.5M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05332+0.112%$2.2M$23.8M20xas long as short
Gate PHA_USDT+0.0100%4h0.05310−0.301%$388K$5.0M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05345+0.356%$1.8M$8.8M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.05319−0.132%$468K$4.3M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05356+0.563%$1.6M$21.1M50xas long as short
BingX PHA-USDT+0.0100%4h0.05356+0.563%$3.5Mas long as short
Variational Omni PHA+0.0100%4h0.05346+0.375%$172K$404Kas long as short