After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.635%7d average−0.066%fees + slippage, in and out−$104spread needed1.035%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PHA-USDT | 0.05037 | −0.0118 | get 0.0059% / 4h | 3h 33m | $373K | $524K | 50x |
| Short | Bitget PHAUSDT | 0.05069 | 0.0100 | get 0.0050% / 4h | 3h 33m | $1.5M | $18.0M | 50x |
BloFin PHA-USDT
Bitget 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
- $63.53
- Funding while held
- $6.54
- Slippage, 4 orders
- −$79.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$33.45
- Spread needed to break even
- 1.035%
Slippage from BloFin: live order book, 60 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0218%
- Per $10,000 a day
- +$6.54
- 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 BloFin live order book, 60 min ago | 6.97 bp | 25.2 bp −$25 | 87.7 bp −$877 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.94 bp | 30.2 bp −$30 | 93.0 bp −$930 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.05037cheapest
Variational Omni0.05066+0.572%
Variational OmniBitget0.05069+0.635%
KuCoin0.05071+0.675%Bybit0.05072+0.695%Binance0.05075+0.759%MEXC0.05077+0.794%Gate0.05079+0.834%Aster0.05081+0.874%BingX0.05081+0.874%
KuCoin
Bybit
Binance
MEXC
Gate
Aster
BingXPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PHA-USDTlong | 0.000% | −0.0118% | 4h | $373K | $524K | 50x | |
| Variational Omni PHA | +0.572% | +0.0100% | 4h | $157K | $337K | — | as long as short |
| Bitget PHAUSDTshort | +0.635% | +0.0100% | 4h | $1.5M | $18.0M | 50x | |
| KuCoin PHAUSDTM | +0.675% | −0.0360% | 4h | $584K | $3.4M | 30x | as long as short |
| Bybit PHAUSDT | +0.695% | +0.0100% | 4h | $1.9M | $19.5M | 20x | as long as short |
| Binance PHAUSDT | +0.759% | −0.0161% | 4h | $5.3M | $156.3M | 50x | as long as short |
| MEXC PHA_USDT | +0.794% | −0.0160% | 4h | $1.8M | $7.7M | 50x | as long as short |
| Gate PHA_USDT | +0.834% | −0.0504% | 4h | $597K | $4.1M | 25x | as long as short |
| Aster PHAUSDT | +0.874% | −0.0575% | 4h | $12K | $633K | 5x | as long as short |
| BingX PHA-USDT | +0.874% | +0.0100% | 4h | — | $3.0M | — | as long as short |