PHA Funding Rates: Live Across 14 Exchanges

As of 2026-10-03 00:21 UTC, PHA perpetual funding averages 0.0110% per 8 hours (12.08% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Gate at 0.0368% per 4h (80.59% APR). Lowest: Aster at 0.0050% per 4h (10.95% APR). Going long on Aster and short on Gate collects a gross spread of 0.0636% per 8 hours (69.64% APR) before fees.

Long PHA on Aster and short on Gate for a funding gap of 0.0636% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the PHA funding rate positive right now?

Yes. PHA funding is positive on 14 of the 14 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PHA funding rate?

Gate at 0.0368% per 4h (80.59% APR). The lowest is Aster at 0.0050% per 4h (10.95% APR).

What is the PHA funding arbitrage spread?

The gross spread is 0.0636% per 8 hours (69.64% APR): long PHA on Aster and short on Gate. Trading fees, slippage and price basis reduce the net return.

How often is PHA funding paid?

PHA funding is paid every 4 hours on Gate, BingX, Bybit, Binance, Bitget, KuCoin, MEXC, WhiteBIT, BTSE, XT.COM, LBank, WEEX, Toobit, and Aster. Rates on this page are also shown as APR so they can be compared directly.