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−$149
spread now+0.020%7d average−0.108%fees + slippage, in and out−$161spread needed1.613%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PHAUSDTM0.05028−0.0376get 0.0188% / 4h3h 28m$580K$3.4M30x
ShortBitget PHAUSDT0.050290.0100get 0.0050% / 4h3h 28m$1.5M$18.1M50x

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
$1.99
Funding while held
$14.28
Slippage, 4 orders
−$137.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$145
Spread needed to break even
1.613%
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
+0.0476%
Per $10,000 a day
+$14.28
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 KuCoin live order book, 5 min ago11.84 bp44.3 bp −$44350.8 bp −$3,508doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.96 bp33.0 bp −$3391.8 bp −$918doesn't fitdoesn't fit

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−0.040%−0.0167%4h$371K$524K50xas long as short
Gate PHA_USDT0.000%−0.0590%4h$554K$4.1M25xas long as short
KuCoin PHAUSDTMlong0.000%−0.0376%4h$580K$3.4M30x
Bitget PHAUSDTshort+0.020%+0.0100%4h$1.5M$18.1M50x
BingX PHA-USDT+0.020%+0.0100%4h$3.0Mas long as short
Aster PHAUSDT+0.088%−0.0560%4h$13K$633K5xas long as short
MEXC PHA_USDT+0.159%−0.0150%4h$1.8M$7.7M50xas long as short
Bybit PHAUSDT+0.179%+0.0052%4h$1.9M$19.5M20xas long as short
Binance PHAUSDT+0.288%−0.0150%4h$5.4M$156.6M50xas long as short
Variational Omni PHA+0.642%+0.0100%4h$158K$337Kas long as short