After costs, if the gap returns to its 7d average, $10k−$241
spread now+0.061%7d average+0.056%fees + slippage, in and out−$241spread needed2.413%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04939 | −0.0432 | get 0.0216% / 4h | 2h 34m | $453K | $3.5M | 30x |
| Short | Bybit PHAUSDT | 0.04942 | 0.0100 | get 0.0050% / 4h | 2h 34m | $1.9M | $20.1M | 20x |
KuCoin PHAUSDTM
Bybit 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
- $6.07
- Funding while held
- $15.96
- Slippage, 4 orders
- −$218.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$219.31
- Spread needed to break even
- 2.413%
Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0532%
- Per $10,000 a day
- +$15.96
- 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, 9 min ago | 16.10 bp | 41.9 bp −$42 | 423.5 bp −$4,235 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 5.05 bp | 73.2 bp −$73 | 308.6 bp −$3,086 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Bitget
BloFin
Binance
MEXC
Aster
Gate
BingX
Variational OmniPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PHAUSDT | −0.182% | +0.0100% | 4h | $1.4M | $18.5M | 50x | as long as short |
| BloFin PHA-USDT | −0.162% | −0.0139% | 4h | $361K | $540K | 50x | as long as short |
| Binance PHAUSDT | 0.000% | −0.0136% | 4h | $5.2M | $161.2M | 50x | as long as short |
| KuCoin PHAUSDTMlong | 0.000% | −0.0432% | 4h | $453K | $3.5M | 30x | |
| MEXC PHA_USDT | +0.020% | −0.0134% | 4h | $1.8M | $7.8M | 50x | as long as short |
| Bybit PHAUSDTshort | +0.061% | +0.0100% | 4h | $1.9M | $20.1M | 20x | |
| Aster PHAUSDT | +0.150% | −0.0593% | 4h | $7K | $647K | 5x | as long as short |
| Gate PHA_USDT | +0.182% | −0.0078% | 4h | $523K | $4.2M | 25x | as long as short |
| BingX PHA-USDT | +0.223% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| Variational Omni PHA | +0.352% | +0.0100% | 4h | $157K | $339K | — | as long as short |