After costs, if the gap returns to its 7d average, $10k−$60
spread now+0.079%7d average+0.065%fees + slippage, in and out−$61spread needed0.613%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PHA_USDT | 0.05094 | −0.0238 | get 0.0119% / 4h | 58m 18s | $1.8M | $8.0M | 50x |
| Short | BingX PHA-USDT | 0.05098 | 0.0100 | get 0.0050% / 4h | 58m 18s | — | $3.1M | — |
MEXC PHA_USDT
BingX 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
- $7.85
- Funding while held
- $10.14
- Slippage, 4 orders
- −$47.26
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.27
- Spread needed to break even
- 0.613%
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0338%
- Per $10,000 a day
- +$10.14
- 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 MEXC live order book, 1 min ago | 1.96 bp | 7.6 bp −$8 | 55.4 bp −$554 | 109.8 bp −$11.0K | 299.0 bp −$149.5K |
| Sell BingX live order book, 13 min ago | 5.96 bp | 22.6 bp −$23 | 84.1 bp −$841 | 492.0 bp −$49.2K | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Binance
Gate
KuCoin
Bybit
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 | −0.033% | −0.0241% | 4h | $5.4M | $166.7M | 50x | as long as short |
| MEXC PHA_USDTlong | 0.000% | −0.0238% | 4h | $1.8M | $8.0M | 50x | |
| Gate PHA_USDT | +0.039% | −0.0038% | 4h | $496K | $4.2M | 25x | as long as short |
| KuCoin PHAUSDTM | +0.059% | −0.0266% | 4h | $463K | $3.6M | 30x | as long as short |
| BingX PHA-USDTshort | +0.079% | +0.0100% | 4h | — | $3.1M | — | |
| Bybit PHAUSDT | +0.137% | +0.0100% | 4h | $2.2M | $21.0M | 20x | as long as short |
| Bitget PHAUSDT | +0.157% | +0.0100% | 4h | $1.4M | $18.9M | 50x | as long as short |
| Aster PHAUSDT | +0.272% | −0.0713% | 4h | $7K | $671K | 5x | as long as short |
| BloFin PHA-USDT | +0.294% | −0.0258% | 4h | $372K | $569K | 50x | as long as short |
| Variational Omni PHA | +0.886% | +0.0100% | 4h | $166K | $355K | — | as long as short |