PHA arbitrage between HTX and Astar DEX: we compare the price of PHA on HTX (spot) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About PHALA

What Is Phala Network (PHA)? Phala Network (https://phala.network/) is the Execution Layer for Web3 AI, enabling AI to interact with blockchains and unlocking Web3 for the first billion users. Phala’s multi-proof system solves the AI execution problem, allowing you to build tamper-proof and unstoppable AI Agents that integrate with smart contracts through the AI-Agent Contract. 1. Agentize Smart Contracts: Develop AI Agents for smart contracts using natural and programming languages. 2. Connect to Multi-Agents: Make your agents accessible to other cross-chain AI Agents. 3. Launch AI Agents and Earn: Own your agents and build a profitable token economy. PHALA as the AI Execution Layer: Phala leverages AI Agents to interface with blockchain technology, ensuring behavior aligns with intentions and preventing fraud.…

Artificial Intelligence (AI), Infrastructure, Smart Contract Platform, Oracle

PHA: HTX — deposit open, withdrawal open.

Open interest in PHA right now — $3.6M: Binance $1.2M, BingX $1.1M, Bybit $503.6K, Bitget $488.9K, KuCoin $308.5K. See OI PHA.

About PHA arbitrage

How do I read the PHA spread?

The spread is how many percent higher PHA trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HTX and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get PHA alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.