After costs, if the gap returns to its 7d average, $10k−$195
spread now−0.065%7d average−0.145%fees + slippage, in and out−$203spread needed2.034%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PHAUSDT | 0.05077 | 0.0036 | pay 0.0018% / 4h | 3h 33m | $1.9M | $19.4M | 20x |
| Short | Binance PHAUSDT | 0.05074 | −0.0161 | pay 0.0081% / 4h | 3h 33m | $5.3M | $156.2M | 50x |
Bybit PHAUSDT
Binance 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
- −$6.5
- Funding while held
- −$5.92
- Slippage, 4 orders
- −$182.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$215.82
- Spread needed to break even
- 2.034%
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0197%
- Per $10,000 a day
- −$5.92
- 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 Bybit live order book, 1 min ago | 4.93 bp | 81.0 bp −$81 | 390.3 bp −$3,903 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.98 bp | 18.5 bp −$19 | 101.9 bp −$1,019 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
BloFin
Aster
KuCoin
Variational Omni
Bitget
Gate
MEXC
BingXPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PHA-USDT | −0.788% | −0.0118% | 4h | $373K | $524K | 50x | as long as short |
| Aster PHAUSDT | −0.299% | −0.0575% | 4h | $12K | $633K | 5x | as long as short |
| KuCoin PHAUSDTM | −0.276% | −0.0362% | 4h | $583K | $3.4M | 30x | as long as short |
| Variational Omni PHA | −0.220% | +0.0100% | 4h | $157K | $337K | — | as long as short |
| Bitget PHAUSDT | −0.217% | +0.0100% | 4h | $1.5M | $18.0M | 50x | as long as short |
| Binance PHAUSDTshort | −0.065% | −0.0161% | 4h | $5.3M | $156.2M | 50x | |
| Gate PHA_USDT | −0.039% | −0.0562% | 4h | $596K | $4.1M | 25x | as long as short |
| MEXC PHA_USDT | −0.039% | −0.0164% | 4h | $1.8M | $7.7M | 50x | as long as short |
| Bybit PHAUSDTlong | 0.000% | +0.0036% | 4h | $1.9M | $19.4M | 20x | |
| BingX PHA-USDT | +0.020% | +0.0100% | 4h | — | $3.0M | — | as long as short |