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: Variational Omni against BingX−2.717%7-day average −0.134% · 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)+2.823%+$282 · spread now −2.717%, 7d avg −0.134%
Together, before fees+2.801%+ Points / potential airdropVariational Omni: Active · farm board+$280 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 2.582% cheaper against BingX than usual: you would sell low and buy high, −$258 on $10k if it goes back to its 7-day average of −0.134%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PHA-USDT0.054640.0100pay 0.0050% / 4h3h 31m$3.7M
ShortVariational Omni PHA0.053160.0100get 0.0050% / 4h3h 31m$191K$429K

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: −2.717% → −0.134%
−$258.22
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$268.22
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Variational Omni: RFQ quote, 22 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, 3 min ago6.49 bp23.3 bp −$2384.6 bp −$846492.9 bp −$49.3K968.3 bp −$484.1K
Sell Variational Omni RFQ quote, 22 min ago12.14 bpdoesn't fit198.9 bp −$1,989doesn'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
KuCoin PHAUSDTM−0.0218%4h0.05461−0.055%$674K$4.7M30xas long as short
Gate PHA_USDT−0.0096%4h0.05463−0.018%$418K$5.3M25xas long as short
Aster PHAUSDT−0.0003%4h0.05467+0.051%$12K$1.1M5xas long as short
BloFin PHA-USDT+0.0040%4h0.05453−0.201%$420K$807K50xas long as short
Binance PHAUSDT+0.0100%4h0.05456−0.146%$6.5M$210.6M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05462−0.037%$2.3M$25.0M20xas long as short
MEXC PHA_USDT+0.0100%4h0.05458−0.110%$2.0M$9.1M50xas long as short
Bitget PHAUSDT+0.0100%4h0.05462−0.037%$1.7M$22.4M50xas long as short
BingX PHA-USDTlong+0.0100%4h0.05464long leg$3.7M
Variational Omni PHAshort+0.0100%4h0.05316−2.717%$191K$429K