data as of
Settings8H · net · $10k
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Price arb /

PHA

all PHA markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$88
spread now−0.121%7d average+0.035%fees + slippage, in and out−$73spread needed0.729%
Long on BitgetShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PHAUSDT0.049710.0100pay 0.0050% / 4h2h 41m$1.4M$18.5M50x
ShortMEXC PHA_USDT0.04965−0.0136pay 0.0068% / 4h2h 41m$1.8M$7.8M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$12.07
Funding while held
−$7.08
Slippage, 4 orders
−$56.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$92
Spread needed to break even
0.729%
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0236%
Per $10,000 a day
−$7.08
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago6.04 bp31.0 bp −$3199.9 bp −$999doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.00 bp6.3 bp −$641.8 bp −$41892.6 bp −$9,257253.3 bp −$126.6K

PHA price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.04923cheapest
MEXC0.04965+0.860%
Bitget0.04971+0.982%
KuCoin0.04972+1.002%BloFin0.04973+1.022%Binance0.04976+1.083%Bybit0.04980+1.165%Gate0.04982+1.205%BingX0.04982+1.205%Aster0.04983+1.227%

PHA on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PHA−0.972%+0.0100%4h$156K$339K—as long as short
MEXC PHA_USDTshort−0.121%−0.0136%4h$1.8M$7.8M50x
Bitget PHAUSDTlong0.000%+0.0100%4h$1.4M$18.5M50x
KuCoin PHAUSDTM+0.020%−0.0428%4h$457K$3.5M30xas long as short
BloFin PHA-USDT+0.040%−0.0083%4h$366K$544K50xas long as short
Binance PHAUSDT+0.101%−0.0133%4h$5.2M$160.9M50xas long as short
Bybit PHAUSDT+0.181%+0.0100%4h$1.9M$20.1M20xas long as short
Gate PHA_USDT+0.221%−0.0056%4h$534K$4.2M25xas long as short
BingX PHA-USDT+0.221%+0.0100%4h—$3.0M—as long as short
Aster PHAUSDT+0.242%−0.0582%4h$9K$645K5xas long as short