Funding you earn now, next payment 00:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against Variational Omni−0.188%7-day average +0.117% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.188%, 7d avg +0.117%
=Together, before fees+0.213%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.305% cheaper against Variational Omni than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.117%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.038% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 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 | Variational Omni PHA | 0.04989 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $156K | $399K | — |
| Short | KuCoin PHAUSDTM | 0.04980 | −0.0158 | pay 0.0079% / 4h | 1h 25m | $418K | $3.9M | 30x |
Variational Omni PHA
KuCoin PHAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$54.18
- Price spread: −0.188% → +0.117%
- −$30.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$96.68
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; KuCoin: live order book, 2 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 Variational Omni RFQ quote, 59 min ago | 7.97 bp | doesn't fit | 454.5 bp −$4,545 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.04 bp | 44.2 bp −$44 | 184.8 bp −$1,848 | 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 | −0.0402% | 4h | 0.04981 | −0.160% | $8K | $765K | 5x | as long as short |
| BloFin PHA-USDT | −0.0163% | 4h | 0.04979 | −0.208% | $349K | $639K | 50x | as long as short |
| KuCoin PHAUSDTMshort | −0.0158% | 4h | 0.04980 | −0.188% | $418K | $3.9M | 30x | |
| Binance PHAUSDT | −0.0104% | 4h | 0.04983 | −0.126% | $5.3M | $184.2M | 50x | as long as short |
| MEXC PHA_USDT | −0.0102% | 4h | 0.04985 | −0.088% | $1.7M | $8.5M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04986 | −0.068% | $2.0M | $22.5M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04982 | −0.148% | $373K | $4.7M | 25x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04986 | −0.068% | $1.5M | $20.0M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04988 | −0.028% | — | $3.4M | — | as long as short |
| Variational Omni PHAlong | +0.0100% | 4h | 0.04989 | long leg | $156K | $399K | — |
Aster PHAUSDT
BloFin PHA-USDT
Binance PHAUSDT
MEXC PHA_USDT
Bybit PHAUSDT
Gate PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT