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

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1099%/8h= −120.3% APRnext payment $5.49 per $10,000 · paid last 24h −0.228%
Price spread now: Aster against Variational Omni+0.154%7-day average +0.214% · you sell dearer than you buy
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)−0.361%−$36 on $10k
Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.154%, 7d avg +0.214%
Together, before fees−0.487%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Aster is 0.060% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.214%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.049690.0100pay 0.0050% / 4h2h 19m$156K$399K
ShortAster PHAUSDT0.04977−0.0999pay 0.0499% / 4h2h 19m$10K$759K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
−$230.73
Price spread: +0.154% → +0.214%
−$5.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$244.7
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aster: live order book, 3 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 Variational Omni RFQ quote, 4 min ago7.97 bpdoesn't fit454.5 bp −$4,545doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago9.03 bp85.3 bp −$85doesn't fitdoesn'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
Aster PHAUSDTshort−0.0999%4h0.04977+0.154%$10K$759K5x
BloFin PHA-USDT−0.0622%4h0.04973+0.076%$356K$630K50xas long as short
Binance PHAUSDT−0.0591%4h0.04977+0.164%$5.3M$183.1M50xas long as short
MEXC PHA_USDT−0.0590%4h0.04948−0.427%$1.7M$8.5M50xas long as short
KuCoin PHAUSDTM−0.0542%4h0.04978+0.177%$422K$3.9M30xas long as short
Bitget PHAUSDT−0.0002%4h0.04978+0.177%$1.5M$19.9M50xas long as short
Bybit PHAUSDT+0.0100%4h0.04958−0.226%$2.0M$22.4M20xas long as short
Gate PHA_USDT+0.0100%4h0.04980+0.217%$357K$4.7M25xas long as short
BingX PHA-USDT+0.0100%4h0.04977+0.156%$3.3Mas long as short
Variational Omni PHAlong+0.0100%4h0.04969long leg$156K$399K