After costs, if the gap returns to its 7d average, $10k−$49
spread now+0.101%7d average+0.016%fees + slippage, in and out−$58spread needed0.576%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PHA_USDT | 0.04970 | −0.0152 | get 0.0076% / 4h | 1h 34m | $1.8M | $7.9M | 50x |
| Short | BloFin PHA-USDT | 0.04975 | −0.0117 | pay 0.0058% / 4h | 1h 34m | $370K | $544K | 50x |
MEXC PHA_USDT
BloFin 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
- $10.06
- Funding while held
- $1.06
- Slippage, 4 orders
- −$41.6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$46.47
- Spread needed to break even
- 0.576%
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0035%
- Per $10,000 a day
- +$1.06
- 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, 5 min ago | 2.03 bp | 7.4 bp −$7 | 35.8 bp −$358 | 78.5 bp −$7,852 | 255.6 bp −$127.8K |
| Sell BloFin live order book, 49 min ago | 8.10 bp | 20.0 bp −$20 | 59.5 bp −$595 | doesn't fit | doesn't fit |
PHA price on every exchange
against the cheapest. Click to use as the short leg.
Binance
Bitget
KuCoin
Aster
Gate
BingX
Bybit
Variational OmniPHA on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PHAUSDT | −0.025% | −0.0152% | 4h | $5.2M | $164.7M | 50x | as long as short |
| Bitget PHAUSDT | −0.020% | +0.0100% | 4h | $1.4M | $18.8M | 50x | as long as short |
| MEXC PHA_USDTlong | 0.000% | −0.0152% | 4h | $1.8M | $7.9M | 50x | |
| KuCoin PHAUSDTM | +0.101% | −0.0396% | 4h | $518K | $3.6M | 30x | as long as short |
| BloFin PHA-USDTshort | +0.101% | −0.0117% | 4h | $370K | $544K | 50x | |
| Aster PHAUSDT | +0.136% | −0.0628% | 4h | $7K | $663K | 5x | as long as short |
| Gate PHA_USDT | +0.141% | −0.0086% | 4h | $495K | $4.2M | 25x | as long as short |
| BingX PHA-USDT | +0.181% | +0.0100% | 4h | — | $3.1M | — | as long as short |
| Bybit PHAUSDT | +0.221% | +0.0100% | 4h | $2.0M | $20.7M | 20x | as long as short |
| Variational Omni PHA | +0.225% | +0.0100% | 4h | $156K | $341K | — | as long as short |