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 −0.093%
Price spread now: MEXC against Variational Omni−0.561%7-day average +0.037% · 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 4 days (all we have)+0.599%+$60 · spread now −0.561%, 7d avg +0.037%
Together, before fees+0.487%+ Points / potential airdropVariational Omni: Active · farm board+$49 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: MEXC is 0.598% cheaper against Variational Omni than usual: you would sell low and buy high, −$60 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.053460.0100pay 0.0050% / 4h1h 20m$172K$404K
ShortMEXC PHA_USDT0.053160.0100get 0.0050% / 4h1h 20m$1.8M$8.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.561% → +0.037%
−$59.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.81
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; MEXC: live order book, 2 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, 44 min ago9.99 bpdoesn't fit962.7 bp −$9,627doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.89 bp9.1 bp −$958.7 bp −$587130.4 bp −$13.0K298.1 bp −$149.0K

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+0.0092%4h0.05378+0.598%$406K$722K50xas long as short
Aster PHAUSDT+0.0100%4h0.05402+1.042%$10K$974K5xas long as short
Binance PHAUSDT+0.0100%4h0.05365+0.346%$6.4M$197.0M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05338−0.150%$2.2M$23.8M20xas long as short
Gate PHA_USDT+0.0100%4h0.05371+0.467%$394K$5.0M25xas long as short
MEXC PHA_USDTshort+0.0100%4h0.05316−0.561%$1.8M$8.8M50x
KuCoin PHAUSDTM+0.0100%4h0.05324−0.412%$450K$4.3M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05324−0.412%$1.6M$21.1M50xas long as short
BingX PHA-USDT+0.0100%4h0.05370+0.449%$3.5Mas long as short
Variational Omni PHAlong+0.0100%4h0.05346long leg$172K$404K