Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Bybit+0.035%53s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.035%, 7d avg +0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAPLUSDT | 339.30 | 0 | get 0.0000% / 8h | 4h 48m | $6.5M | $285.6M | 100x |
| Short | Phemex AAPLUSDT | 339.42 | 0 | get 0.0000% / 4h | 48m 17s | $2.1M | $7K | 10x |
Bybit AAPLUSDT
Phemex AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $0
- Price spread: +0.035% → +0.024%
- $1.11
- Slippage, 4 orders
- −$72.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$93.98
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Phemex: live order book, 3 min ago.
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 Bybit live order book, 4 min ago | 0.15 bp | 5.6 bp −$6 | 6.8 bp −$68 | 14.4 bp −$1,438 | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.62 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 33 exchanges
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 | −0.0324% | 4h | 339.40 | +0.029% | $81K | $327K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0024% | 8h | 339.28 | −0.006% | $351K | $166K | 20x | as long as short |
| Nado AAPL-PERP | −0.0008% | 1h | 339.29 | −0.003% | $555K | $28K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.32 | +0.007% | $120K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.23 | −0.022% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.34 | +0.010% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDTlong | 0.0000% | 8h | 339.30 | long leg | $6.5M | $285.6M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.36 | +0.018% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.16 | −0.041% | $3.0M | $7.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.39 | +0.027% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
BloFin AAPL-USDT
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.43 | +0.037% | $2.5M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.51 | +0.061% | $12K | $339K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.39 | +0.027% | $679 | $4.1M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.21 | −0.027% | $62K | $241K | 30x | as long as short |
| Phemex AAPLUSDTshort | 0.0000% | 4h | 339.42 | +0.035% | $2.1M | $7K | 10x | |
| QFEX AAPL-USD | +0.0023% | 1h | 339.32 | +0.006% | $3.3M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.30 | 0.000% | $924K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.33 | +0.009% | $1.0M | $3.0M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.13 | −0.050% | $266K | $48K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.22 | −0.024% | — | $45K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 339.35 | +0.015% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.29 | −0.003% | $40.5M | $76.7M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.28 | −0.006% | $279K | $347K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.27 | −0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.14 | −0.047% | $1.3M | $2.2M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.24 | −0.018% | $1.4M | $211K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.30 | 0.000% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.22 | −0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.23 | −0.020% | $11K | $102 | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0128% | 1h | 339.38 | +0.024% | $659K | $629K | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0133% | 1h | 339.34 | +0.012% | $28K | $68K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.66 | +0.106% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.50 | +0.059% | $5K | $12K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Hotstuff AAPL-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Deribit AAPL_USDC-PERPETUAL
Injective AAPL/USDC PERP
Phoenix AAPL