If I understand correctly, you want to add the areas of the two quadrilaterals (though your notation seems to indicate that you're adding the quadrilaterals, which would be something different).
Let $A=(\cos\phi_A,\sin\phi_A)$ and $B=(\cos\phi_B,\sin\phi_B)$, and introduce $C=(\cos\phi_A,\sin\phi_B)$ and $D=(\cos\phi_B,\sin\phi_A)$.
The triangular area $ABC$ is counted twice, and it's equal to the area of the other triangle $ABD$, so the total is equal to the area of the big rectangle $OA_yDB_x$ minus the area of the small rectangle $OB_yCA_x$. This is $\sin\phi_A\cos\phi_B-\cos\phi_A\sin\phi_B=\sin(\phi_A-\phi_B)$. Thus it depends only on the angle separating $A$ and $B$, and thus, as you had assumed, can be expressed in terms of the length of $AB$. This is a chord with angle $\phi_A-\phi_B$, and thus has length $x=2\sin((\phi_A-\phi_B)/2)$. Since $\sin \theta=2\sin(\theta/2)\cos(\theta/2)=2\sin (\theta/2)\sqrt{1-\sin^2(\theta/2)}$, your conjecture is correct.