After costs, if the gap returns to its 7d average, $10k−$65
spread now+0.389%7d average−0.077%fees + slippage, in and out−$111spread needed1.114%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PHAUSDTM | 0.04890 | −0.0398 | get 0.0199% / 4h | 3h 02m | $449K | $3.5M | 30x |
| Short | MEXC PHA_USDT | 0.04909 | −0.0150 | pay 0.0075% / 4h | 3h 02m | $1.7M | $7.8M | 50x |
Price 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
- $38.85
- Funding while held
- $7.44
- Slippage, 4 orders
- −$95.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$65.09
- Spread needed to break even
- 1.114%
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0248%
- Per $10,000 a day
- +$7.44
- 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, 2 min ago | 16.33 bp | 57.9 bp −$58 | 528.2 bp −$5,282 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.08 bp | 10.8 bp −$11 | 49.8 bp −$498 | 105.0 bp −$10.5K | 280.3 bp −$140.1K |
PHA price on every exchange
against the cheapest. Click to use as the short leg.PHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PHAUSDT | −0.164% | +0.0100% | 4h | $1.8M | $19.8M | 20x | as long as short |
| Binance PHAUSDT | −0.132% | −0.0152% | 4h | $5.2M | $159.0M | 50x | as long as short |
| BloFin PHA-USDT | −0.061% | −0.0165% | 4h | $369K | $530K | 50x | as long as short |
| KuCoin PHAUSDTMlong | 0.000% | −0.0398% | 4h | $449K | $3.5M | 30x | |
| Aster PHAUSDT | +0.240% | −0.0615% | 4h | $9K | $639K | 5x | as long as short |
| Gate PHA_USDT | +0.266% | −0.0132% | 4h | $532K | $4.1M | 25x | as long as short |
| Bitget PHAUSDT | +0.266% | +0.0100% | 4h | $1.4M | $18.3M | 50x | as long as short |
| BingX PHA-USDT | +0.266% | +0.0100% | 4h | — | $3.0M | — | as long as short |
| MEXC PHA_USDTshort | +0.389% | −0.0150% | 4h | $1.7M | $7.8M | 50x | |
| Variational Omni PHA | +1.681% | +0.0100% | 4h | $157K | $339K | — | as long as short |
KuCoin PHAUSDTM
MEXC PHA_USDT
Bybit
Binance
BloFin
Aster
Gate
Bitget
BingX
Variational Omni