Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.136%
Price spread now: Bybit against Gate+0.079%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$487as in the Price arb table
costs, in and out, $10k−$4894.887% of the position
Funding, last 7 days+0.531%+$53 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.079%, 7d avg +0.063%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PHA_USDT | 0.05082 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $362K | $4.7M | 25x |
| Short | Bybit PHAUSDT | 0.05086 | 0.0100 | get 0.0050% / 4h | 2h 56m | $2.0M | $22.3M | 20x |
Gate PHA_USDT
Bybit PHAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.079% → +0.063%
- $1.59
- Slippage, 4 orders
- −$462.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$487.15
- Costs to cover
- 4.887%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 min ago.
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 Gate live order book, 2 min ago | 5.97 bp | 183.5 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.98 bp | 77.6 bp −$78 | 270.5 bp −$2,705 | doesn't fit | doesn't fit |
PHA on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PHAUSDT | −0.1416% | 4h | 0.05072 | −0.190% | $7K | $752K | 5x | as long as short |
| MEXC PHA_USDT | −0.0964% | 4h | 0.05076 | −0.118% | $1.8M | $8.4M | 50x | as long as short |
| Binance PHAUSDT | −0.0951% | 4h | 0.05079 | −0.066% | $5.4M | $182.2M | 50x | as long as short |
| BloFin PHA-USDT | −0.0921% | 4h | 0.05046 | −0.708% | $363K | $635K | 50x | as long as short |
| KuCoin PHAUSDTM | −0.0854% | 4h | 0.05076 | −0.118% | $445K | $3.9M | 30x | as long as short |
| Bitget PHAUSDT | −0.0158% | 4h | 0.05076 | −0.118% | $1.5M | $19.9M | 50x | as long as short |
| Variational Omni PHA | −0.0041% | 4h | 0.05036 | −0.914% | $158K | $379K | — | as long as short |
| Bybit PHAUSDTshort | +0.0100% | 4h | 0.05086 | +0.079% | $2.0M | $22.3M | 20x | |
| Gate PHA_USDTlong | +0.0100% | 4h | 0.05082 | long leg | $362K | $4.7M | 25x | |
| BingX PHA-USDT | +0.0100% | 4h | 0.05082 | 0.000% | — | $3.3M | — | as long as short |
Aster PHAUSDT
MEXC PHA_USDT
Binance PHAUSDT
BloFin PHA-USDT
KuCoin PHAUSDTM
Bitget PHAUSDT
Variational Omni PHA
BingX PHA-USDT