PHALA (PHA) Funding Rate History
PHALA (PHA) perpetual futures funding ranges from 1.00 bps on BINANCE to 3.70 bps on KUCOIN across 10 reporting venues, a spread of 2.70 bps. The most extreme rate (40.52% APY annualized) is on KUCOIN. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on PHA price.
PHA Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| KUCOIN | 3.70 bps | 40.52% APY | 3.90 bps | $125.77K |
| BINANCE | 1.00 bps | 10.95% APY | 0.60 bps | $6.29M |
| BYBIT | 1.00 bps | 10.95% APY | 0.90 bps | $832.22K |
| BITGET | 1.00 bps | 10.95% APY | 0.90 bps | $731.21K |
| GATEIO | 1.00 bps | 10.95% APY | 1.10 bps | $592.89K |
| BINGX | 1.00 bps | 10.95% APY | 1.10 bps | $560.34K |
| PHEMEX | 1.00 bps | 10.95% APY | 0.90 bps | $510.26K |
| MEXC | 1.00 bps | 10.95% APY | 0.60 bps | $359.49K |
| ASTER | 1.00 bps | 10.95% APY | 0.90 bps | $17.03K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 1.00 bps | $1.16K |
Last updated 2026-06-03T18:25:26.845735Z (UTC).
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Related: PHA open interest, PHA volume, PHA perp market data.