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

PHA

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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 −0.178%
Price spread now: Gate against Variational Omni+1.223%7-day average +0.122% · 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)−0.924%−$92 on $10k
Price spread, last 4 days (all we have)−1.047%−$105 · spread now +1.223%, 7d avg +0.122%
Together, before fees−1.972%+ Points / potential airdropVariational Omni: Active · farm board−$197 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: Gate is 1.101% dearer against Variational Omni than usual: you sell high and buy low, +$110 on $10k if it goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.052790.0100pay 0.0050% / 4h58m 01s$170K$406K
ShortGate PHA_USDT0.053440.0100get 0.0050% / 4h58m 01s$399K$5.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +1.223% → +0.122%
$110.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$95.11
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, just now. 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, 1 min ago7.53 bpdoesn't fit465.2 bp −$4,652doesn't fitdoesn't fit
Sell Gate live order book, just now6.56 bp104.1 bp −$104doesn'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
KuCoin PHAUSDTM−0.0004%4h0.05342+1.185%$530K$4.5M30xas long as short
Aster PHAUSDT+0.0100%4h0.05349+1.318%$13K$1.0M5xas long as short
Binance PHAUSDT+0.0100%4h0.05332+0.994%$6.3M$200.9M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05339+1.129%$2.2M$24.2M20xas long as short
Gate PHA_USDTshort+0.0100%4h0.05344+1.223%$399K$5.1M25x
MEXC PHA_USDT+0.0100%4h0.05332+0.996%$1.8M$8.8M50xas long as short
Bitget PHAUSDT+0.0100%4h0.05341+1.166%$1.5M$21.3M50xas long as short
BingX PHA-USDT+0.0100%4h0.05342+1.185%$3.6Mas long as short
Variational Omni PHAlong+0.0100%4h0.05279long leg$170K$406K
BloFin PHA-USDT+0.0129%4h0.05306+0.504%$426K$732K50xas long as short