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

PHA

all PHA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.093%
Price spread now: Variational Omni against MEXC−0.105%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.113%+$11 on $10k
Price spread, last 3 days (all we have)+0.245%+$25 · spread now −0.105%, 7d avg −0.034%
Together, before fees+0.358%+ Points / potential airdropVariational Omni: Active · farm board+$36 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: Variational Omni is 0.071% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PHA_USDT0.050320.0100pay 0.0050% / 4h3h 44m$1.8M$8.6M50x
ShortVariational Omni PHA0.050270.0100get 0.0050% / 4h3h 44m$156K$399K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.105% → −0.034%
−$7.13
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.13
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago1.98 bp10.0 bp −$1052.4 bp −$52498.9 bp −$9,895237.3 bp −$118.6K
Sell Variational Omni RFQ quote, 30 min ago8.10 bpdoesn't fit287.5 bp −$2,875doesn'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-USDT+0.0044%4h0.05055+0.457%$371K$658K50xas long as short
Aster PHAUSDT+0.0100%4h0.05035+0.060%$17K$886K5xas long as short
Binance PHAUSDT+0.0100%4h0.05036+0.079%$5.7M$189.4M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05042+0.199%$2.1M$23.0M20xas long as short
MEXC PHA_USDTlong+0.0100%4h0.05032long leg$1.8M$8.6M50x
KuCoin PHAUSDTM+0.0100%4h0.05038+0.119%$481K$4.0M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05037+0.099%$1.5M$20.3M50xas long as short
BingX PHA-USDT+0.0100%4h0.05040+0.159%$3.4Mas long as short
Variational Omni PHAshort+0.0100%4h0.05027−0.105%$156K$399K
Gate PHA_USDT+0.0244%4h0.05040+0.159%$370K$4.8M25xas long as short