PHA funding rates by exchange

The current funding rate for every PHA perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.

Exchanges
11
Venue spread
0.061%
Pays most
BingX
24h volume
$13.1M

Right now BingX pays +0.005% per settlement and Gate.io pays -0.0555% — that gap is what a funding-arbitrage position captures.

Right now 5 of the 11 PHA contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.

Over the last 30 days the most PHA funding accumulated on BingX, at +0.75% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.

Click a column header to sort · use Columns to show or hide metrics

Exchange Contract Current rate APR 7d sum 30d sum 24h volume
BingX PHA-USDT +0.005% +7.3% +0.11% +0.75% $1.3M
Bybit PHA-USDT +0.005% +7.2% -0.35% -0.22% $681K
Bitget PHA-USDT +0.005% +7.1% -0.03% +0.55% $462K
KuCoin PHA-USDT +0.005% +7.1% +0.11% +0.54% $45K
Toobit PHA-USDT +0.0002% -3.5% +0.04% +0.43% $3.3M
Aster PHA-USDT -0.012% -108.9% -0.75% -2.58% $6K
BloFin PHA-USDT -0.0446% -101.5% +0.01% +0.41% $42K
Binance PHA-USDT -0.0464% -105.2% -+0.00% +0.34% $6.5M
MEXC PHA-USDT -0.0467% -105.2% -+0.00% +0.34% $585K
WEEX PHA-USDT -0.0468% -106.3% -+0.00% +0.34% $0K
Gate.io PHA-USDT -0.0555% -125.2% -0.48% -0.47% $153K

Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.

Other coins

Funding rates by coin →

Frequently asked questions

What is the PHA funding rate right now?

PHA funding currently ranges from +0.005% on BingX down to -0.0555% on Gate.io per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.

Which exchange pays the highest PHA funding?

At the moment BingX shows the highest PHA funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.

How do you trade the PHA funding difference?

You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On PHA that difference is currently 0.061% per settlement, before the trading fees on both legs.

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