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

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Variational Omni against BingX−0.063%7-day average −0.105% · 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)+0.169%+$17 · spread now −0.063%, 7d avg −0.105%
Together, before fees+0.148%+ Points / potential airdropVariational Omni: Active · farm board+$15 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: Variational Omni is 0.042% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.105%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PHA-USDT0.050270.0100pay 0.0050% / 4h55m 34s$3.4M
ShortVariational Omni PHA0.050240.0100get 0.0050% / 4h55m 34s$158K$399K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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: −0.063% → −0.105%
$4.22
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.78
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 23 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 BingX live order book, 4 min ago5.97 bp21.9 bp −$2281.5 bp −$815505.2 bp −$50.5Kdoesn't fit
Sell Variational Omni RFQ quote, 23 min ago8.02 bpdoesn't fit244.6 bp −$2,446doesn'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
Aster PHAUSDT−0.0070%4h0.05028+0.016%$8K$771K5xas long as short
KuCoin PHAUSDTM+0.0062%4h0.05026−0.020%$425K$3.9M30xas long as short
BloFin PHA-USDT+0.0090%4h0.05022−0.099%$352K$648K50xas long as short
Binance PHAUSDT+0.0100%4h0.05020−0.139%$5.3M$184.8M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05025−0.040%$2.0M$22.6M20xas long as short
Gate PHA_USDT+0.0100%4h0.05029+0.040%$381K$4.7M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05020−0.139%$1.7M$8.6M50xas long as short
Bitget PHAUSDT+0.0100%4h0.05021−0.119%$1.5M$20.0M50xas long as short
BingX PHA-USDTlong+0.0100%4h0.05027long leg$3.4M
Variational Omni PHAshort+0.0100%4h0.05024−0.063%$158K$399K