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

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.228%
Price spread now: Aster against Variational Omni−0.802%7-day average +0.201% · 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)−0.361%−$36 on $10k
Price spread, last 3 days (all we have)+0.796%+$80 · spread now −0.802%, 7d avg +0.201%
Together, before fees+0.434%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$43 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: Aster is 1.003% cheaper against Variational Omni than usual: you would sell low and buy high, −$100 on $10k if it goes back to its 7-day average of +0.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PHA0.050810.0100pay 0.0050% / 4h2h 55m$164K$403K
ShortAster PHAUSDT0.050400.0100get 0.0050% / 4h2h 55m$14K$921K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: −0.802% → +0.201%
−$100.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$108.27
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Aster: live order book, 13 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, 14 min ago10.63 bpdoesn't fit803.1 bp −$8,031doesn't fitdoesn't fit
Sell Aster live order book, 13 min ago12.52 bp44.7 bp −$45doesn't fitdoesn'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 PHAUSDTshort+0.0100%4h0.05040−0.802%$14K$921K5x
Binance PHAUSDT+0.0100%4h0.05041−0.784%$5.9M$192.5M50xas long as short
Bybit PHAUSDT+0.0100%4h0.05050−0.604%$2.1M$23.3M20xas long as short
Gate PHA_USDT+0.0100%4h0.05040−0.801%$372K$4.9M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05046−0.683%$1.7M$8.7M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.05040−0.801%$505K$4.2M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05053−0.545%$1.5M$20.7M50xas long as short
BingX PHA-USDT+0.0100%4h0.05034−0.919%$3.5Mas long as short
Variational Omni PHAlong+0.0100%4h0.05081long leg$164K$403K
BloFin PHA-USDT+0.0131%4h0.05051−0.585%$400K$665K50xas long as short