Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Extended−0.004%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.004%, 7d avg +0.044%
=Together, before fees+0.021%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.048% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAPL_24_5-USD | 339.03 | 0 | get 0.0000% / 1h | 10m 03s | $284K | $1.5M | 10x |
| Short | Phemex AAPLUSDT | 339.02 | 0 | get 0.0000% / 4h | 2h 10m | $2.1M | $7K | 10x |
Extended AAPL_24_5-USD
Phemex AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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: −0.004% → +0.044%
- −$4.79
- Slippage, 4 orders
- −$74.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$95.96
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 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 Extended live order book, 3 min ago | 0.15 bp | 3.8 bp −$4 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.18 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0472% | 4h | 338.96 | −0.022% | $81K | $327K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.04 | +0.003% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USDlong | 0.0000% | 1h | 339.03 | long leg | $284K | $1.5M | 10x | |
| Binance AAPLUSDT | 0.0000% | 8h | 339.07 | +0.011% | $22.3M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.11 | +0.023% | $6.2M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.96 | −0.021% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.82 | −0.063% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.05 | +0.005% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.07 | +0.011% | $2.5M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | −0.013% | $14K | $510K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.04 | +0.002% | $665 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.82 | −0.063% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.029% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDTshort | 0.0000% | 4h | 339.02 | −0.004% | $2.1M | $7K | 10x | |
| BloFin AAPL-USDT | +0.0008% | 8h | 339.10 | +0.020% | $354K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.91 | −0.037% | $761K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.95 | −0.024% | $973K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.68 | −0.104% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 339.01 | −0.007% | $3.2M | $5.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.75 | −0.083% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.00 | −0.010% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.72 | −0.092% | $1.4M | $2.3M | 20x | as long as short |
| Nado AAPL-PERP | +0.0082% | 1h | 338.74 | −0.085% | $556K | $35K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.78 | −0.075% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.68 | −0.104% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.91 | −0.036% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.98 | −0.017% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0120% | 1h | 338.96 | −0.021% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 339.00 | −0.010% | $661K | $675K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0216% | 1h | 339.01 | −0.007% | $41.0M | $77.1M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.83 | +0.235% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.07 | +0.011% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.98 | −0.016% | $270K | $69K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD