Funding you earn now, next payment 00:00 UTC+0.0718%/8h= +78.6% APRnext payment +$3.59 per $10,000 · paid last 24h +0.093%
Price spread now: Variational Omni against MEXC+1.353%7-day average −0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)−1.202%−$120 · spread now +1.353%, 7d avg −0.036%
=Together, before fees−1.089%+ Points / potential airdropVariational Omni: Active · farm board−$109 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Variational Omni is 1.389% dearer against MEXC than usual: you sell high and buy low: +$139 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.113% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.59 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 | MEXC PHA_USDT | 0.04975 | −0.0618 | get 0.0309% / 4h | 2h 21m | $1.7M | $8.5M | 50x |
| Short | Variational Omni PHA | 0.05042 | 0.0100 | get 0.0050% / 4h | 2h 21m | $168K | $390K | — |
MEXC PHA_USDT
Variational Omni PHAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $150.78
- Price spread: +1.353% → −0.036%
- $138.88
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $285.66
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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 MEXC live order book, 1 min ago | 2.01 bp | 7.9 bp −$8 | 40.4 bp −$404 | 90.2 bp −$9,020 | 274.4 bp −$137.2K |
| Sell Variational Omni RFQ quote, 3 min ago | 7.97 bp | doesn't fit | 247.2 bp −$2,472 | doesn't fit | doesn't fit |
PHA on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDT | −0.1028% | 4h | 0.04969 | −0.126% | $9K | $759K | 5x | as long as short |
| BloFin PHA-USDT | −0.0622% | 4h | 0.04973 | −0.040% | $356K | $630K | 50x | as long as short |
| MEXC PHA_USDTlong | −0.0618% | 4h | 0.04975 | long leg | $1.7M | $8.5M | 50x | |
| Binance PHAUSDT | −0.0605% | 4h | 0.04969 | −0.121% | $5.3M | $183.1M | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0560% | 4h | 0.04974 | −0.020% | $421K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | −0.0006% | 4h | 0.04971 | −0.080% | $1.5M | $19.9M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04978 | +0.060% | $2.0M | $22.4M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04971 | −0.080% | $357K | $4.7M | 25x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04975 | 0.000% | — | $3.3M | — | as long as short |
| Variational Omni PHAshort | +0.0100% | 4h | 0.05042 | +1.353% | $168K | $390K | — |
Aster PHAUSDT
BloFin PHA-USDT
Binance PHAUSDT
KuCoin PHAUSDTM
Bitget PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
BingX PHA-USDT