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

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against Variational Omni−0.152%7-day average +0.144% · 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)+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.502%+$50 · spread now −0.152%, 7d avg +0.144%
Together, before fees+0.523%+ Points / potential airdropVariational Omni: Active · farm board+$52 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: BingX is 0.296% cheaper against Variational Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.144%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.045380.0100pay 0.0050% / 4h1m 30s$165K$421K
ShortBingX PHA-USDT0.045310.0100get 0.0050% / 4h1m 30s$3.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.152% → +0.144%
−$29.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$39.6
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; BingX: live order book, 4 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, 38 min ago7.68 bpdoesn't fit253.5 bp −$2,535doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago5.53 bp25.7 bp −$2695.5 bp −$955503.4 bp −$50.3K955.0 bp −$477.5K

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−0.0030%4h0.04526−0.262%$505K$5.6M30xas long as short
Gate PHA_USDT−0.0002%4h0.04535−0.064%$355K$5.8M25xas long as short
Aster PHAUSDT+0.0100%4h0.04535−0.054%$16K$1.3M5xas long as short
Binance PHAUSDT+0.0100%4h0.04531−0.159%$4.7M$225.1M50xas long as short
Bybit PHAUSDT+0.0100%4h0.04539+0.025%$1.7M$26.6M20xas long as short
MEXC PHA_USDT+0.0100%4h0.04530−0.174%$1.5M$9.5M50xas long as short
Bitget PHAUSDT+0.0100%4h0.04531−0.152%$1.4M$24.6M50xas long as short
BingX PHA-USDTshort+0.0100%4h0.04531−0.152%$3.9M
Variational Omni PHAlong+0.0100%4h0.04538long leg$165K$421K
BloFin PHA-USDT+0.0109%4h0.04533−0.108%$311K$781K50xas long as short