Meridian Funding

PHA funding rate comparison

Live perpetual-futures funding for PHA across 3 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.

ExchangePer intervalPer dayAPR (annualized)
Binance -0.0297% -0.0891% -32.51% Trade PHA →
Gate -0.0303% -0.0909% -33.18% Trade PHA →
Bybit -0.1041% -0.3122% -113.95% Trade PHA →

As of 2026-06-22 17:38 UTC. APR assumes the current rate repeats at each funding interval (typically every 8h = 3×/day).

How to read this

  • Cheapest to be long PHA: Bybit (-113.95% APR) — the least you pay (or the most you get paid) to hold a long.
  • Cheapest to be short PHA: Binance (-32.51% APR).
  • Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.

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