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

PHA

all PHA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.52 per $10,000 · paid last 24h +0.219%
Price spread now: Variational Omni against Gate−0.677%7-day average −0.103% · 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 3 days (all we have)+0.924%+$92 on $10k
Price spread, last 3 days (all we have)+0.501%+$50 · spread now −0.677%, 7d avg −0.103%
Together, before fees+1.425%+ Points / potential airdropVariational Omni: Active · farm board+$143 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.574% cheaper against Gate than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of −0.103%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.924%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PHA_USDT0.050990.0100pay 0.0050% / 4h2h 54m$363K$4.7M25x
ShortVariational Omni PHA0.05064−0.0004pay 0.0002% / 4h2h 54m$158K$380K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
−$21.78
Price spread: −0.677% → −0.103%
−$57.4
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$94.18
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 34 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 Gate live order book, 3 min ago5.97 bp183.5 bp −$183doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 34 min ago6.81 bpdoesn't fit294.9 bp −$2,949doesn'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
Aster PHAUSDT−0.1371%4h0.05102+0.058%$8K$752K5xas long as short
MEXC PHA_USDT−0.0934%4h0.05104+0.098%$1.8M$8.4M50xas long as short
Binance PHAUSDT−0.0921%4h0.05101+0.037%$5.5M$182.2M50xas long as short
BloFin PHA-USDT−0.0918%4h0.05090−0.177%$366K$640K50xas long as short
KuCoin PHAUSDTM−0.0846%4h0.05095−0.078%$446K$3.8M30xas long as short
Bitget PHAUSDT−0.0148%4h0.05095−0.078%$1.5M$19.9M50xas long as short
Variational Omni PHAshort−0.0004%4h0.05064−0.677%$158K$380K
Bybit PHAUSDT+0.0100%4h0.05112+0.255%$2.0M$22.3M20xas long as short
Gate PHA_USDTlong+0.0100%4h0.05099long leg$363K$4.7M25x
BingX PHA-USDT+0.0100%4h0.05100+0.020%$3.3Mas long as short