Funding you earn now, next payment 21:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h −0.017%
Price spread now: Phoenix against Aevo+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.047% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo AAPL-PERP | 338.94 | 0.0104 | pay 0.0013% / 1h | 25m 11s | $11K | — | 10x |
| Short | Phoenix AAPL | 339.10 | 0.0283 | get 0.0035% / 1h | 25m 11s | $2K | $12K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.63
- Price spread: +0.047% → 0.000%
- $4.7
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $19.32
- Costs to cover
- 0.230%
- Break-even
- 3.4 days
Slippage unknown: Aevo: no order-book sample; Phoenix: no order-book sample. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Aevo and Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AAPL on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0552% | 4h | 339.00 | +0.018% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.77 | −0.050% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.97 | +0.009% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.00 | +0.017% | $22.1M | $66.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.03 | +0.026% | $6.3M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | −0.009% | $6.6M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.80 | −0.042% | $3.0M | $4.1M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.06 | +0.035% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.01 | +0.022% | $2.2M | $1.1M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | +0.013% | $14K | $522K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.017% | $827 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.032% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.06 | +0.035% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 339.00 | +0.017% | $354K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.94 | 0.000% | $762K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.99 | +0.014% | $980K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.065% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 338.92 | −0.006% | $3.2M | $4.9M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.68 | −0.077% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | +0.014% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.047% | $1.3M | $2.2M | 20x | as long as short |
| Nado AAPL-PERP | +0.0076% | 1h | 338.77 | −0.050% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.050% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.72 | −0.065% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.90 | −0.012% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.98 | +0.012% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERPlong | +0.0104% | 1h | 338.94 | long leg | $11K | — | 10x | |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 338.96 | +0.006% | $658K | $671K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0205% | 1h | 338.99 | +0.014% | $40.7M | $76.7M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.41 | +0.138% | $191K | $44K | 30x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0252% | 1h | 339.01 | +0.020% | $28K | $65K | 10x | as long as short |
| Phoenix AAPLshort | +0.0283% | 1h | 339.10 | +0.047% | $2K | $12K | 20x | |
| Arcus AAPL-USD | +0.0310% | 1h | 338.95 | +0.003% | $270K | $69K | 20x | as long as short |
Phoenix AAPL
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUAL