ETH funding arbitrage: phoenix vs variational

Long ETH on phoenix against short ETH on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongphoenixETH0.0020% / 1h+17.94%$1.34M$2.82M
ShortvariationalETH0.0089% / 8h+9.71%$196.28M$254.44M

Live funding and price spread for this pair update on the page.

Data generated at 2026-09-01T05:32:37Z. Live numbers load on this page automatically.