PHA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against Variational Omni+0.247%7-day average +0.108% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.346%−$35 · spread now +0.247%, 7d avg +0.108%

Together, before fees−0.325%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.138% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PHA	0.05060	0.0036	pay 0.0018% / 4h	2h 46m	$169K	$389K	—
Short	BingX PHA-USDT	0.05072	0.0100	get 0.0050% / 4h	2h 46m	—	$3.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now +0.247%Rate

Funding earned: $13.51
Price spread: +0.247% → +0.108%: $13.84
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $17.34
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 43 min ago; BingX: live order book, 4 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, 43 min ago	6.81 bp	doesn't fit	423.4 bp −$4,234	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	6.92 bp	24.0 bp −$24	98.5 bp −$985	484.4 bp −$48.4K	915.1 bp −$457.6K

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	−0.1297%	4h	0.05069	+0.178%	$7K	$752K	5x	as long as short
BloFin PHA-USDT	−0.0887%	4h	0.05074	+0.286%	$362K	$639K	50x	as long as short
Binance PHAUSDT	−0.0849%	4h	0.05071	+0.227%	$5.4M	$182.5M	50x	as long as short
MEXC PHA_USDT	−0.0848%	4h	0.05072	+0.247%	$1.8M	$8.4M	50x	as long as short
KuCoin PHAUSDTM	−0.0776%	4h	0.05063	+0.069%	$442K	$3.9M	30x	as long as short
Bitget PHAUSDT	−0.0114%	4h	0.05078	+0.365%	$1.5M	$19.9M	50x	as long as short
Variational Omni PHAlong	+0.0036%	4h	0.05060	long leg	$169K	$389K	—
Bybit PHAUSDT	+0.0100%	4h	0.05077	+0.345%	$2.0M	$22.4M	20x	as long as short
Gate PHA_USDT	+0.0100%	4h	0.05069	+0.187%	$361K	$4.7M	25x	as long as short
BingX PHA-USDTshort	+0.0100%	4h	0.05072	+0.247%	—	$3.3M	—