After costs, if the gap returns to its 7d average, $10k−$217
spread now−0.020%7d average−0.010%fees + slippage, in and out−$216spread needed2.164%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.05096 | −0.0266 | get 0.0133% / 4h | 57m 58s | $463K | $3.6M | 30x |
| Short | Gate PHA_USDT | 0.05095 | −0.0038 | pay 0.0019% / 4h | 57m 58s | $496K | $4.2M | 25x |
KuCoin PHAUSDTM
Gate PHA_USDTPrice 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
- −$1.96
- Funding while held
- $6.84
- Slippage, 4 orders
- −$189.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$211.48
- Spread needed to break even
- 2.164%
Slippage from KuCoin: live order book, 6 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0228%
- Per $10,000 a day
- +$6.84
- 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, 6 min ago | 12.71 bp | 34.4 bp −$34 | 471.5 bp −$4,715 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.88 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Binance
MEXC
Bybit
BingX
Bitget
Aster
BloFin
Variational OmniPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PHAUSDT | −0.154% | −0.0241% | 4h | $5.4M | $166.7M | 50x | as long as short |
| MEXC PHA_USDT | −0.078% | −0.0238% | 4h | $1.8M | $8.0M | 50x | as long as short |
| Bybit PHAUSDT | −0.059% | +0.0100% | 4h | $2.2M | $21.0M | 20x | as long as short |
| BingX PHA-USDT | −0.039% | +0.0100% | 4h | — | $3.1M | — | as long as short |
| Gate PHA_USDTshort | −0.020% | −0.0038% | 4h | $496K | $4.2M | 25x | |
| KuCoin PHAUSDTMlong | 0.000% | −0.0266% | 4h | $463K | $3.6M | 30x | |
| Bitget PHAUSDT | +0.039% | +0.0100% | 4h | $1.4M | $19.0M | 50x | as long as short |
| Aster PHAUSDT | +0.111% | −0.0713% | 4h | $7K | $671K | 5x | as long as short |
| BloFin PHA-USDT | +0.255% | −0.0258% | 4h | $372K | $569K | 50x | as long as short |
| Variational Omni PHA | +0.846% | +0.0100% | 4h | $166K | $355K | — | as long as short |