Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.089%
Price spread now: Variational Omni against BloFin+0.527%86s7-day average −0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.453%−$45 · spread now +0.527%, 7d avg −0.036%
=Together, before fees−0.344%+ Points / potential airdropVariational Omni: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.563% dearer against BloFin than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PHA-USDT | 0.04592 | 0.0085 | pay 0.0042% / 4h | 2h 17m | $394K | $761K | 50x |
| Short | Variational Omni PHA | 0.04616 | 0.0100 | get 0.0050% / 4h | 2h 17m | $165K | $429K | — |
BloFin PHA-USDT
Variational Omni PHAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- $3.22
- Price spread: +0.527% → −0.036%
- $56.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $47.54
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 9 min ago; Variational Omni: RFQ quote, 31 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 BloFin live order book, 9 min ago | 11.69 bp | 35.4 bp −$35 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 10.42 bp | doesn't fit | 326.8 bp −$3,268 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PHAUSDTM | −0.0050% | 4h | 0.04490 | −2.221% | $602K | $5.1M | 30x | as long as short |
| Aster PHAUSDT | +0.0045% | 4h | 0.04495 | −2.112% | $12K | $1.2M | 5x | as long as short |
| BloFin PHA-USDTlong | +0.0085% | 4h | 0.04592 | long leg | $394K | $761K | 50x | |
| Binance PHAUSDT | +0.0100% | 4h | 0.04476 | −2.522% | $4.9M | $219.5M | 50x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.04431 | −3.506% | $1.8M | $26.0M | 20x | as long as short |
| Gate PHA_USDT | +0.0100% | 4h | 0.04494 | −2.134% | $342K | $5.5M | 25x | as long as short |
| MEXC PHA_USDT | +0.0100% | 4h | 0.04494 | −2.134% | $1.6M | $9.3M | 50x | as long as short |
| Bitget PHAUSDT | +0.0100% | 4h | 0.04492 | −2.178% | $1.3M | $23.7M | 50x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.04480 | −2.439% | — | $3.8M | — | as long as short |
| Variational Omni PHAshort | +0.0100% | 4h | 0.04616 | +0.527% | $165K | $429K | — |
KuCoin PHAUSDTM
Aster PHAUSDT
Binance PHAUSDT
Bybit PHAUSDT
Gate PHA_USDT
MEXC PHA_USDT
Bitget PHAUSDT
BingX PHA-USDT