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

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.182%
Price spread now: Variational Omni against Aster−2.838%7-day average −0.198% · 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 4 days (all we have)+0.364%+$36 on $10k
Price spread, last 4 days (all we have)+2.820%+$282 · spread now −2.838%, 7d avg −0.198%
Together, before fees+3.184%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$318 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 2.640% cheaper against Aster than usual: you would sell low and buy high (spread −2.838% now, against its 7-day average of −0.198%). If the spread goes back, that is −$264 on $10k: about 3 months of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.364% in total) that is about 26 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PHAUSDT0.05471−0.0003get 0.0001% / 4h3h 32m$12K$1.1M5x
ShortVariational Omni PHA0.053160.0100get 0.0050% / 4h3h 32m$191K$429K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.57
Price spread: −2.838% → −0.198%
−$263.99
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$250.42
Costs to cover
0.080%
Break-even
88.3 days
Slippage unknown: Aster: live order book, 1 min ago; Variational Omni: RFQ quote, 22 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 Aster live order book, 1 min ago8.24 bp37.2 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 22 min ago12.14 bpdoesn't fit198.9 bp −$1,989doesn'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−0.0214%4h0.05464−0.124%$676K$4.7M30xas long as short
Aster PHAUSDTlong−0.0003%4h0.05471long leg$12K$1.1M5x
Gate PHA_USDT+0.0008%4h0.05472+0.022%$422K$5.3M25xas long as short
BloFin PHA-USDT+0.0040%4h0.05453−0.326%$420K$807K50xas long as short
Binance PHAUSDT+0.0100%4h0.05468−0.051%$6.5M$210.5M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05472+0.022%$2.3M$25.0M20xas long as short
MEXC PHA_USDT+0.0100%4h0.05469−0.033%$2.0M$9.1M50xas long as short
Bitget PHAUSDT+0.0100%4h0.05471+0.003%$1.7M$22.4M50xas long as short
BingX PHA-USDT+0.0100%4h0.05468−0.051%$3.7Mas long as short
Variational Omni PHAshort+0.0100%4h0.05316−2.838%$191K$429K