After costs, if the gap returns to its 7d average, $10k−$300
spread now−0.179%7d average−0.055%fees + slippage, in and out−$288spread needed2.879%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PHAUSDT | 0.05028 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $2.1M | $20.8M | 20x |
| Short | KuCoin PHAUSDTM | 0.05019 | −0.0384 | pay 0.0192% / 4h | 1h 30m | $513K | $3.6M | 30x |
Bybit PHAUSDT
KuCoin PHAUSDTMPrice 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
- −$17.9
- Funding while held
- −$14.52
- Slippage, 4 orders
- −$264.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$320.29
- Spread needed to break even
- 2.879%
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0484%
- Per $10,000 a day
- −$14.52
- 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, 5 min ago | 3.01 bp | 111.9 bp −$112 | 600.2 bp −$6,002 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 8.03 bp | 40.5 bp −$41 | 218.2 bp −$2,182 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
BloFin
BingX
Gate
Aster
MEXC
Binance
BitgetPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PHA | −0.741% | +0.0100% | 4h | $156K | $341K | — | as long as short |
| BloFin PHA-USDT | −0.577% | −0.0224% | 4h | $373K | $546K | 50x | as long as short |
| BingX PHA-USDT | −0.358% | +0.0100% | 4h | — | $3.1M | — | as long as short |
| Gate PHA_USDT | −0.318% | −0.0080% | 4h | $499K | $4.2M | 25x | as long as short |
| KuCoin PHAUSDTMshort | −0.179% | −0.0384% | 4h | $513K | $3.6M | 30x | |
| Aster PHAUSDT | −0.141% | −0.0650% | 4h | $7K | $663K | 5x | as long as short |
| MEXC PHA_USDT | −0.119% | −0.0172% | 4h | $1.8M | $7.9M | 50x | as long as short |
| Binance PHAUSDT | −0.108% | −0.0174% | 4h | $5.3M | $164.9M | 50x | as long as short |
| Bitget PHAUSDT | −0.040% | +0.0100% | 4h | $1.4M | $18.9M | 50x | as long as short |
| Bybit PHAUSDTlong | 0.000% | +0.0100% | 4h | $2.1M | $20.8M | 20x |