PHA funding rates
PHA perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 11.9%long Aster, short Bybit · net 6.9%
- Highest funding now
- 10.9%BnBinanceCEX
- Lowest funding now
- −17.0%AsAster
- Listed on
- 7 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BnBinanceCEX | PHAUSDT | 10.9% | 10.9% | 10.8% | 2.6% | 10.8% | 100% | 4h | 04:00 | 0.06029 | $5.5M | $5.6M | BnBinance | ||
| ByBybitCEX | PHAUSDT | 10.9% | 11.5% | 19.5% | 3.1% | 20.8% | 100% | 4h | 04:00 | 0.06037 | $2.4M | $801k | ByBybit | ||
| BgBitgetCEX | PHAUSDT | 10.9% | 10.9% | 10.9% | 7.5% | 10.9% | 100% | 4h | 04:00 | 0.0603 | $1.3M | $509k | BgBitget | ||
| GtGateCEX | PHA_USDT | 10.9% | 11.9% | 15.8% | −8.6% | 16.4% | 100% | 4h | 04:00 | 0.0603 | $329k | $56k | GtGate | ||
| MxMEXCCEX | PHA_USDT | 10.9% | 10.9% | 10.8% | 2.3% | 10.8% | 100% | 4h | 04:00 | 0.06043 | $1.1M | $325k | MxMEXC | ||
| VaVariational | PHA | 10.9% | 10.9% | 15.8% | 9.7% | 16.6% | 100% | 4h | — | 0.06048 | $194k | $114k | VaVariational | ||
| AsAster | PHAUSDT | −17.0% | 6.3% | 7.7% | −10.7% | 7.9% | 86% | 4h | 04:00 | 0.0605 | $59k | $10k | AsAster |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| AsAster | ByBybitCEX | 28.0% | 5.3% | 11.9% | 13.8% | 6.9% | 10.3% | 5.9d | steady | $59k | AsBy | calc | ||
| AsAster | VaVariational | 28.0% | 4.7% | 8.2% | 20.4% | 6.1% | 9.1% | 3.6d | steady | $59k | spread not incl. | AsVa | calc | |
| MxMEXCCEX | ByBybitCEX | 0.0% | 0.6% | 8.7% | 0.7% | 4.8% | 7.2% | 6.3d | cooling | $1.1M | MxBy | calc | ||
| MxMEXCCEX | VaVariational | 0.0% | 0.0% | 5.0% | 7.3% | 4.0% | 6.0% | 2.9d | cooling | $194k | spread not incl. | MxVa | calc | |
| BnBinanceCEX | ByBybitCEX | 0.0% | 0.6% | 8.7% | −6.8% | 3.2% | 4.8% | 8.8d | cooling | $2.4M | BnBy | calc | ||
| BgBitgetCEX | ByBybitCEX | 0.0% | 0.6% | 8.6% | −4.4% | 2.6% | 3.9% | 9.8d | cooling | $1.3M | BgBy | calc | ||
| BnBinanceCEX | VaVariational | 0.0% | 0.0% | 5.0% | 4.1% | 2.4% | 3.6% | 7.3d | cooling | $194k | spread not incl. | BnVa | calc | |
| AsAster | GtGateCEX | 28.0% | 5.7% | 8.1% | 2.0% | 2.1% | 3.2% | 10d | steady | $59k | AsGt | calc | ||
| BgBitgetCEX | VaVariational | 0.0% | 0.0% | 4.9% | 2.2% | 1.7% | 2.6% | 9.0d | cooling | $194k | spread not incl. | BgVa | calc | |
| VaVariational | ByBybitCEX | 0.0% | 0.6% | 3.7% | −6.6% | 0.8% | 1.2% | 11d | weak | $194k | spread not incl. | VaBy | calc | |
| MxMEXCCEX | GtGateCEX | 0.0% | 1.0% | 5.0% | −11.0% | 0.0% | 0.0% | 14d | cooling | $329k | MxGt | calc | ||
| AsAster | MxMEXCCEX | 28.0% | 4.7% | 3.1% | 13.0% | 0.0% | 0.0% | 14d | weak | $59k | AsMx | calc | ||
| AsAster | BnBinanceCEX | 28.0% | 4.7% | 3.2% | 18.2% | −1.5% | −2.3% | 21d | weak | $59k | AsBn | calc | ||
| BnBinanceCEX | GtGateCEX | 0.0% | 1.0% | 5.0% | −15.9% | −1.6% | −2.3% | 18d | cooling | $329k | BnGt | calc | ||
| AsAster | BgBitgetCEX | 28.0% | 4.7% | 3.3% | 18.1% | −1.9% | −2.9% | 22d | weak | $59k | AsBg | calc | ||
| BgBitgetCEX | GtGateCEX | 0.0% | 1.0% | 4.8% | −16.1% | −2.2% | −3.3% | 20d | cooling | $329k | BgGt | calc | ||
| GtGateCEX | ByBybitCEX | 0.0% | −0.4% | 3.7% | 11.7% | −3.0% | −4.6% | 25d | weak | $329k | GtBy | calc | ||
| MxMEXCCEX | BnBinanceCEX | 0.0% | 0.0% | 0.0% | 0.1% | −3.6% | −5.5% | >999d | weak | $1.1M | MxBn | calc | ||
| GtGateCEX | VaVariational | 0.0% | −1.0% | 0.0% | 18.3% | −3.9% | −5.8% | >999d | weak | $194k | spread not incl. | GtVa | calc | |
| MxMEXCCEX | BgBitgetCEX | 0.0% | 0.0% | 0.1% | 5.1% | −4.0% | −6.0% | 415d | weak | $1.1M | MxBg | calc | ||
| BnBinanceCEX | BgBitgetCEX | 0.0% | 0.0% | 0.1% | 6.2% | −5.6% | −8.4% | 644d | weak | $1.3M | BnBg | calc | ||
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 03:56 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Binance at 0.06029, sell on Aster at 0.0604965: 0.342% before fees, 0.162% after taker fees.
| Buy ↓ · Sell → | AsAster0.0604965 | VaVariational0.0604832 | MxMEXC0.06043 | ByBybit0.06037 | BgBitget0.0603 | GtGate0.0603 | BnBinance0.06029 |
|---|---|---|---|---|---|---|---|
| BnBinance0.06029 | 0.342% | 0.320% | 0.232% | 0.133% | 0.017% | 0.017% | — |
| BgBitget0.0603 | 0.325% | 0.303% | 0.215% | 0.116% | — | 0.000% | −0.017% |
| GtGate0.0603 | 0.325% | 0.303% | 0.215% | 0.116% | 0.000% | — | −0.017% |
| ByBybit0.06037 | 0.209% | 0.187% | 0.099% | — | −0.116% | −0.116% | −0.133% |
| MxMEXC0.06043 | 0.110% | 0.088% | — | −0.099% | −0.215% | −0.215% | −0.232% |
| VaVariational0.0604832 | 0.022% | — | −0.088% | −0.187% | −0.303% | −0.303% | −0.320% |
| AsAster0.0604965 | — | −0.022% | −0.110% | −0.209% | −0.325% | −0.325% | −0.342% |
All quotes (7)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.0604965 | 0.0604965 | mark | 5m | $10k | no FX |
| BnBinanceCEX | 0.06029 | 0.06029 | mark | 5m | $5.6M | no FX |
| BgBitgetCEX | 0.0603 | 0.0603 | mark | 5m | $509k | no FX |
| ByBybitCEX | 0.06037 | 0.06037 | mark | 5m | $801k | no FX |
| GtGateCEX | 0.0603 | 0.0603 | mark | 5m | $56k | no FX |
| MxMEXCCEX | 0.06043 | 0.06043 | mark | 5m | $325k | no FX |
| VaVariational | 0.0604832 | 0.0604832 | mark | 5m | $114k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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