After costs, if the gap returns to its 7d average, $10k−$236
spread now+0.067%7d average+0.144%fees + slippage, in and out−$228spread needed2.282%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PHAUSDT | 0.04976 | −0.0136 | get 0.0068% / 4h | 2h 42m | $5.2M | $160.8M | 50x |
| Short | Bybit PHAUSDT | 0.04979 | 0.0100 | get 0.0050% / 4h | 2h 42m | $1.9M | $20.1M | 20x |
Binance PHAUSDT
Bybit PHAUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.74
- Funding while held
- $7.09
- Slippage, 4 orders
- −$207.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$214.39
- Spread needed to break even
- 2.282%
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.09
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 2.01 bp | 16.9 bp −$17 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.01 bp | 96.0 bp −$96 | 363.1 bp −$3,631 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
MEXC
BloFin
Bitget
Aster
Gate
BingX
KuCoinPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PHA | −1.065% | +0.0100% | 4h | $156K | $339K | — | as long as short |
| MEXC PHA_USDT | −0.114% | −0.0136% | 4h | $1.8M | $7.8M | 50x | as long as short |
| BloFin PHA-USDT | −0.114% | −0.0109% | 4h | $366K | $551K | 50x | as long as short |
| Bitget PHAUSDT | −0.053% | +0.0100% | 4h | $1.4M | $18.5M | 50x | as long as short |
| Aster PHAUSDT | −0.007% | −0.0584% | 4h | $7K | $645K | 5x | as long as short |
| Binance PHAUSDTlong | 0.000% | −0.0136% | 4h | $5.2M | $160.8M | 50x | |
| Gate PHA_USDT | +0.007% | −0.0018% | 4h | $533K | $4.2M | 25x | as long as short |
| BingX PHA-USDT | +0.007% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| KuCoin PHAUSDTM | +0.047% | −0.0418% | 4h | $457K | $3.5M | 30x | as long as short |
| Bybit PHAUSDTshort | +0.067% | +0.0100% | 4h | $1.9M | $20.1M | 20x |