After costs, if the gap returns to its 7d average, $10k−$62
spread now−0.020%7d average−0.016%fees + slippage, in and out−$62spread needed0.620%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PHA-USDT | 0.04975 | −0.0205 | get 0.0103% / 4h | 1h 31m | $370K | $544K | 50x |
| Short | MEXC PHA_USDT | 0.04974 | −0.0162 | pay 0.0081% / 4h | 1h 31m | $1.8M | $7.9M | 50x |
BloFin PHA-USDT
MEXC PHA_USDTPrice 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
- −$2.01
- Funding while held
- $1.3
- Slippage, 4 orders
- −$45.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$62.67
- Spread needed to break even
- 0.620%
Slippage from BloFin: live order book, 52 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0043%
- Per $10,000 a day
- +$1.30
- 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, 52 min ago | 8.10 bp | 21.3 bp −$21 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.02 bp | 11.3 bp −$11 | 49.6 bp −$496 | 99.9 bp −$9,987 | 311.8 bp −$155.9K |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Aster
Binance
Gate
Bitget
BingX
Bybit
KuCoin
Variational OmniPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster PHAUSDT | −0.033% | −0.0645% | 4h | $7K | $663K | 5x | as long as short |
| Binance PHAUSDT | −0.020% | −0.0174% | 4h | $5.3M | $164.8M | 50x | as long as short |
| Gate PHA_USDT | −0.020% | −0.0118% | 4h | $495K | $4.2M | 25x | as long as short |
| MEXC PHA_USDTshort | −0.020% | −0.0162% | 4h | $1.8M | $7.9M | 50x | |
| Bitget PHAUSDT | −0.020% | +0.0100% | 4h | $1.4M | $18.8M | 50x | as long as short |
| BloFin PHA-USDTlong | 0.000% | −0.0205% | 4h | $370K | $544K | 50x | |
| BingX PHA-USDT | +0.060% | +0.0100% | 4h | — | $3.1M | — | as long as short |
| Bybit PHAUSDT | +0.101% | +0.0100% | 4h | $2.1M | $20.7M | 20x | as long as short |
| KuCoin PHAUSDTM | +0.101% | −0.0400% | 4h | $518K | $3.6M | 30x | as long as short |
| Variational Omni PHA | +0.124% | +0.0100% | 4h | $156K | $341K | — | as long as short |