Funding you earn now, next payment 02:00 UTC+0.0368%/8h= +40.3% APRpaid last 24h +0.245%
Price spread now: Phoenix against edgeX+0.054%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
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phoenix is 0.054% dearer against edgeX 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 | edgeX AAPLUSDC | 338.77 | −0.0109 | get 0.0054% / 4h | 1h 36m | $81K | $326K | 20x |
| Short | Phoenix AAPL | 338.95 | 0.0259 | get 0.0032% / 1h | 36m 59s | $5K | $11K | 20x |
edgeX AAPLUSDC
Phoenix AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- $77.34
- Price spread: +0.054% → 0.000%
- $5.44
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $66.78
- Costs to cover
- 0.160%
- Break-even
- 1.0 days
Slippage unknown: edgeX: live order book, 26 min ago; 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 edgeX live order book, 26 min ago | 5.31 bp | 10.2 bp −$10 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 AAPLUSDClong | −0.0109% | 4h | 338.77 | long leg | $81K | $326K | 20x | |
| Nado AAPL-PERP | −0.0058% | 1h | 338.82 | +0.017% | $554K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0016% | 1h | 338.87 | +0.031% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.94 | +0.053% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.83 | +0.018% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.92 | +0.046% | $22.3M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.94 | +0.051% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.95 | +0.054% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | −0.022% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.03 | +0.078% | $6.2M | $3.5M | 100x | as long as short |
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.83 | +0.021% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.89 | +0.036% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | +0.043% | $454 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.76 | −0.002% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.084% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.90 | +0.040% | $2.1M | $6K | 10x | as long as short |
| BloFin AAPL-USDT | 0.0000% | 8h | 338.86 | +0.028% | $343K | $169K | 20x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.79 | +0.007% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.77 | +0.002% | $757K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.81 | +0.013% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.76 | −0.002% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.66 | −0.031% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | +0.004% | $659K | $673K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.63 | −0.040% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.85 | +0.025% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.58 | −0.055% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0052% | 1h | 338.82 | +0.016% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.83 | +0.019% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.67 | −0.028% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.78 | +0.004% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.79 | +0.007% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.58 | −0.055% | $191K | $44K | 30x | as long as short |
| Phoenix AAPLshort | +0.0259% | 1h | 338.95 | +0.054% | $5K | $11K | 20x |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP