Spread before costs (cost unknown: a leg has no order-book sample)−1.032%
7d average−0.045%if it closes, per $10,000$103funding while held, a day+$7.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PHAUSDT | 0.04974 | −0.0136 | get 0.0068% / 4h | 2h 41m | $5.2M | $160.9M | 50x |
| Short | Variational Omni PHA | 0.04923 | 0.0100 | get 0.0050% / 4h | 2h 41m | $156K | $339K | — |
Binance PHAUSDT
Variational Omni PHAPrice 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
- −$103.19
- Funding while held
- $7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$106.1
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 63 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 63 min ago | 10.80 bp | doesn't fit | 242.4 bp −$2,424 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.04923cheapest
MEXC0.04970+0.961%BloFin0.04970+0.961%Aster0.04971+0.987%
MEXC
BloFin
AsterBinance0.04974+1.043%
KuCoin0.04978+1.124%Gate0.04982+1.205%BingX0.04983+1.226%Bitget0.04984+1.246%Bybit0.04987+1.307%
KuCoin
Gate
BingX
Bitget
BybitPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PHAshort | −1.032% | +0.0100% | 4h | $156K | $339K | — | |
| MEXC PHA_USDT | −0.080% | −0.0136% | 4h | $1.8M | $7.8M | 50x | as long as short |
| BloFin PHA-USDT | −0.080% | −0.0109% | 4h | $366K | $551K | 50x | as long as short |
| Aster PHAUSDT | −0.055% | −0.0584% | 4h | $7K | $645K | 5x | as long as short |
| Binance PHAUSDTlong | 0.000% | −0.0136% | 4h | $5.2M | $160.9M | 50x | |
| KuCoin PHAUSDTM | +0.080% | −0.0418% | 4h | $457K | $3.5M | 30x | as long as short |
| Gate PHA_USDT | +0.161% | −0.0018% | 4h | $534K | $4.2M | 25x | as long as short |
| BingX PHA-USDT | +0.181% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| Bitget PHAUSDT | +0.201% | +0.0100% | 4h | $1.4M | $18.5M | 50x | as long as short |
| Bybit PHAUSDT | +0.261% | +0.0100% | 4h | $1.9M | $20.1M | 20x | as long as short |