PHALA (PHA) Funding Rate History
PHALA (PHA) perpetual futures funding ranges from -3.60 bps on ASTER to 1.00 bps on BINANCE across 9 reporting venues, a spread of 4.60 bps. The most extreme rate (-39.42% APY annualized) is on ASTER. Currently funding signs are mixed: 7 positive, 2 negative.
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 |
|---|---|---|---|---|
| ASTER | -3.60 bps | -39.42% APY | -3.30 bps | $2.94K |
| GATEIO | -2.10 bps | -23.00% APY | 0.80 bps | $103.15K |
| BINANCE | 1.00 bps | 10.95% APY | 0.70 bps | $3.74M |
| BINGX | 1.00 bps | 10.95% APY | 0.90 bps | $1.32M |
| BITGET | 1.00 bps | 10.95% APY | 0.80 bps | $441.88K |
| MEXC | 1.00 bps | 10.95% APY | 0.70 bps | $357.57K |
| BYBIT | 1.00 bps | 10.95% APY | 0.30 bps | $321.74K |
| KUCOIN | 1.00 bps | 10.95% APY | 0.00 bps | $21.50K |
| VARIATIONAL | 1.00 bps | 10.95% APY | 0.90 bps | $701.72 |
Last updated 2026-07-18T20:48:51Z (UTC).
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Related: PHA open interest, PHA volume, PHA perp market data.