After costs, if the gap returns to its 7d average, $10k−$128
spread now+0.080%7d average−0.087%fees + slippage, in and out−$145spread needed1.446%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04989 | −0.0394 | get 0.0197% / 4h | 1h 40m | $466K | $3.5M | 30x |
| Short | Binance PHAUSDT | 0.04993 | −0.0132 | pay 0.0066% / 4h | 1h 40m | $5.3M | $164.0M | 50x |
KuCoin PHAUSDTM
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
- $8.02
- Funding while held
- $7.87
- Slippage, 4 orders
- −$122.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.74
- Spread needed to break even
- 1.446%
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0262%
- Per $10,000 a day
- +$7.87
- 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 KuCoin live order book, 3 min ago | 15.90 bp | 44.9 bp −$45 | 441.8 bp −$4,418 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.99 bp | 22.0 bp −$22 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.04989cheapest
Gate0.04990+0.020%
GateBinance0.04993+0.080%
BingX0.04993+0.080%MEXC0.04996+0.140%Bitget0.04997+0.160%Bybit0.04998+0.180%Aster0.05000+0.213%BloFin0.05017+0.561%Variational Omni0.05046+1.137%
BingX
MEXC
Bitget
Bybit
Aster
BloFin
Variational OmniPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PHAUSDTMlong | 0.000% | −0.0394% | 4h | $466K | $3.5M | 30x | |
| Gate PHA_USDT | +0.020% | −0.0072% | 4h | $502K | $4.2M | 25x | as long as short |
| Binance PHAUSDTshort | +0.080% | −0.0132% | 4h | $5.3M | $164.0M | 50x | |
| BingX PHA-USDT | +0.080% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| MEXC PHA_USDT | +0.140% | −0.0130% | 4h | $1.8M | $7.9M | 50x | as long as short |
| Bitget PHAUSDT | +0.160% | +0.0100% | 4h | $1.4M | $18.8M | 50x | as long as short |
| Bybit PHAUSDT | +0.180% | +0.0100% | 4h | $2.1M | $20.6M | 20x | as long as short |
| Aster PHAUSDT | +0.213% | −0.0586% | 4h | $7K | $659K | 5x | as long as short |
| BloFin PHA-USDT | +0.561% | −0.0146% | 4h | $368K | $545K | 50x | as long as short |
| Variational Omni PHA | +1.137% | +0.0100% | 4h | $158K | $341K | — | as long as short |