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 UTC−0.0008%/8h= −0.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.088%
Price spread now: BloFin against Variational Omni+7.765%7-day average +0.059% · 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)−0.110%−$11 on $10k
Price spread, last 4 days (all we have)−7.270%−$727 · spread now +7.765%, 7d avg +0.059%
Together, before fees−7.380%+ Points / potential airdropVariational Omni: Active · farm board−$738 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 7.706% dearer against Variational Omni than usual: you sell high and buy low, +$771 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.049900.0100pay 0.0050% / 4h1h 21m$160K$404K
ShortBloFin PHA-USDT0.053780.0092get 0.0046% / 4h1h 21m$406K$722K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.64
Price spread: +7.765% → +0.059%
$770.58
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$756.95
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; BloFin: live order book, 20 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, 43 min ago9.99 bpdoesn't fit962.7 bp −$9,627doesn't fitdoesn't fit
Sell BloFin live order book, 20 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+0.0092%4h0.05378+7.765%$406K$722K50x
Aster PHAUSDT+0.0100%4h0.05343+7.072%$10K$973K5xas long as short
Binance PHAUSDT+0.0100%4h0.05372+7.643%$6.4M$196.8M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05394+8.086%$2.2M$23.8M20xas long as short
Gate PHA_USDT+0.0100%4h0.05386+7.926%$396K$5.0M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05377+7.745%$1.8M$8.8M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.05358+7.364%$536K$4.3M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05393+8.066%$1.6M$21.0M50xas long as short
BingX PHA-USDT+0.0100%4h0.05393+8.066%$3.5Mas long as short
Variational Omni PHAlong+0.0100%4h0.04990long leg$160K$404K