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

PHA

all PHA markets
SwapBacktest
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 +0.027%
Price spread now: BingX against Variational Omni−1.215%7-day average +0.124% · 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)+0.022%+$2 on $10k
Price spread, last 3 days (all we have)+1.145%+$115 · spread now −1.215%, 7d avg +0.124%
Together, before fees+1.167%+ Points / potential airdropVariational Omni: Active · farm board+$117 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: BingX is 1.339% cheaper against Variational Omni than usual: you would sell low and buy high, −$134 on $10k if it goes back to its 7-day average of +0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.050810.0100pay 0.0050% / 4h2h 52m$164K$403K
ShortBingX PHA-USDT0.050190.0100get 0.0050% / 4h2h 52m$3.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −1.215% → +0.124%
−$133.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$143.88
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; BingX: live order book, 12 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, 17 min ago10.63 bpdoesn't fit803.1 bp −$8,031doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago6.75 bp25.5 bp −$25116.3 bp −$1,163532.1 bp −$53.2K949.7 bp −$474.9K

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 PHAUSDT+0.0100%4h0.05004−1.515%$16K$924K5xas long as short
Binance PHAUSDT+0.0100%4h0.05027−1.057%$5.9M$192.8M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05030−0.998%$2.1M$23.4M20xas long as short
Gate PHA_USDT+0.0100%4h0.05017−1.254%$370K$4.9M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05030−0.998%$1.8M$8.7M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.05027−1.057%$486K$4.2M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05028−1.038%$1.5M$20.7M50xas long as short
BingX PHA-USDTshort+0.0100%4h0.05019−1.215%$3.5M
Variational Omni PHAlong+0.0100%4h0.05081long leg$164K$403K
BloFin PHA-USDT+0.0140%4h0.04993−1.726%$397K$658K50xas long as short