PHA

Alert

Funding spread now, next payment 16:00 UTC+0.0498%/8h

next payment, per $10,000+$2.49paid, last 24h−0.016%paid, last 7 days−0.055%to open and close $10k−$122

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PHAUSDTM	0.04937	−0.0398	get 0.0199% / 4h	11m 04s	$541K	$3.2M	30x
Short	Bitget PHAUSDT	0.04955	0.0100	get 0.0050% / 4h	11m 04s	$1.4M	$17.4M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersRate

Funding earned: $104.58
Slippage, 4 orders: −$97.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$17.07
Break-even: 8.1 days

Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.365%
Avg gap 7d: −0.112%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	9.09 bp	27.7 bp −$28	243.4 bp −$2,434	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	7.02 bp	30.0 bp −$30	122.4 bp −$1,224	doesn't fit	doesn't fit

PHA on 10 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster PHAUSDT	−0.0590%	4h	$20K	$607K	5x	as long as short
KuCoin PHAUSDTMlong	−0.0398%	4h	$541K	$3.2M	30x
Gate PHA_USDT	−0.0228%	4h	$403K	$3.5M	25x	as long as short
BloFin PHA-USDT	−0.0122%	4h	$373K	$489K	50x	as long as short
Binance PHAUSDT	−0.0120%	4h	$5.2M	$150.4M	50x	as long as short
MEXC PHA_USDT	−0.0118%	4h	$1.7M	$7.4M	50x	as long as short
Bybit PHAUSDT	+0.0100%	4h	$2.0M	$18.7M	20x	as long as short
Bitget PHAUSDTshort	+0.0100%	4h	$1.4M	$17.4M	50x
BingX PHA-USDT	+0.0100%	4h	—	$2.9M	—	as long as short
Variational Omni PHA	+0.0100%	4h	$157K	$337K	—	as long as short