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

PHA

all PHA markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$191
spread now+0.059%7d average−0.064%fees + slippage, in and out−$203spread needed2.034%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PHAUSDT0.050620.0100pay 0.0050% / 4h3h 33m$1.9M$19.5M20x
ShortBingX PHA-USDT0.050650.0100get 0.0050% / 4h3h 33m$3.0M

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
$5.93
Funding while held
$0
Slippage, 4 orders
−$182.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$197.47
Spread needed to break even
2.034%
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 8 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Bybit live order book, 2 min ago4.93 bp81.0 bp −$81390.3 bp −$3,903doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago4.95 bp19.9 bp −$2092.0 bp −$920503.6 bp −$50.4K867.7 bp −$433.8K

PHA price on every exchange

against the cheapest. Click to use as the short leg.

PHA on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin PHA-USDT−0.494%−0.0118%4h$373K$524K50xas long as short
Bybit PHAUSDTlong0.000%+0.0100%4h$1.9M$19.5M20x
MEXC PHA_USDT+0.040%−0.0160%4h$1.8M$7.7M50xas long as short
Bitget PHAUSDT+0.040%+0.0100%4h$1.5M$18.0M50xas long as short
BingX PHA-USDTshort+0.059%+0.0100%4h$3.0M
Variational Omni PHA+0.076%+0.0100%4h$157K$337Kas long as short
Binance PHAUSDT+0.119%−0.0161%4h$5.3M$156.3M50xas long as short
KuCoin PHAUSDTM+0.138%−0.0360%4h$584K$3.4M30xas long as short
Aster PHAUSDT+0.247%−0.0575%4h$12K$633K5xas long as short
Gate PHA_USDT+0.277%−0.0504%4h$596K$4.1M25xas long as short