Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against Variational Omni−0.131%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.131%, 7d avg +0.010%
=Together, before fees+0.269%+ Points / potential airdropVariational Omni: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.141% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PHA | 0.05036 | −0.0041 | get 0.0021% / 4h | 2h 58m | $158K | $379K | — |
| Short | Bitget PHAUSDT | 0.05029 | −0.0164 | pay 0.0082% / 4h | 2h 58m | $1.5M | $19.9M | 50x |
Variational Omni PHA
Bitget PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.76
- Price spread: −0.131% → +0.010%
- −$14.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.84
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; Bitget: live order book, 1 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, 31 min ago | 6.81 bp | doesn't fit | 423.4 bp −$4,234 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.96 bp | 29.5 bp −$29 | 80.5 bp −$805 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDT | −0.1434% | 4h | 0.05018 | −0.339% | $7K | $751K | 5x | as long as short |
| MEXC PHA_USDT | −0.0978% | 4h | 0.05012 | −0.468% | $1.8M | $8.4M | 50x | as long as short |
| Binance PHAUSDT | −0.0964% | 4h | 0.05022 | −0.269% | $5.4M | $182.1M | 50x | as long as short |
| BloFin PHA-USDT | −0.0946% | 4h | 0.05039 | +0.068% | $361K | $633K | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0884% | 4h | 0.05018 | −0.349% | $441K | $3.9M | 30x | as long as short |
| Bitget PHAUSDTshort | −0.0164% | 4h | 0.05029 | −0.131% | $1.5M | $19.9M | 50x | |
| Variational Omni PHAlong | −0.0041% | 4h | 0.05036 | long leg | $158K | $379K | — | |
| Gate PHA_USDT | +0.0090% | 4h | 0.05025 | −0.210% | $357K | $4.7M | 25x | as long as short |
| Bybit PHAUSDT | +0.0100% | 4h | 0.05034 | −0.031% | $2.0M | $22.3M | 20x | as long as short |
| BingX PHA-USDT | +0.0100% | 4h | 0.05033 | −0.051% | — | $3.3M | — | as long as short |
Aster PHAUSDT
MEXC PHA_USDT
Binance PHAUSDT
BloFin PHA-USDT
KuCoin PHAUSDTM
Gate PHA_USDT
Bybit PHAUSDT
BingX PHA-USDT