Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Gate+0.083%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.083%, 7d avg +0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 338.93 | 0 | get 0.0000% / 8h | 6h 23m | $3.0M | $4.2M | 100x |
| Short | Phemex AAPLUSDT | 339.21 | 0 | get 0.0000% / 4h | 2h 23m | $2.1M | $6K | 10x |
Gate AAPL_USDT
Phemex AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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: +0.083% → +0.071%
- $1.13
- Slippage, 4 orders
- −$83.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$109.74
- Costs to cover
- 1.109%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Phemex: live order book, 4 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 Gate live order book, 4 min ago | 2.51 bp | 10.8 bp −$11 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.77 bp | 48.5 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUAL | −0.0163% | 1h | 338.90 | −0.009% | $28K | $67K | 10x | as long as short |
| edgeX AAPLUSDC | −0.0155% | 4h | 339.01 | +0.023% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0063% | 1h | 339.10 | +0.050% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.01 | +0.024% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.18 | +0.074% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.17 | +0.071% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 338.93 | long leg | $3.0M | $4.2M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.19 | +0.077% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.03 | +0.029% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.059% | $916 | $4.7M | 20x | as long as short |
Deribit AAPL_USDC-PERPETUAL
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.19 | +0.077% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDTshort | 0.0000% | 4h | 339.21 | +0.083% | $2.1M | $6K | 10x | |
| Variational Omni AAPL | +0.0018% | 8h | 339.02 | +0.028% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.05 | +0.035% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.01 | +0.023% | $742K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.05 | +0.035% | $951K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.94 | +0.003% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.96 | +0.009% | — | $45K | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0048% | 1h | 339.02 | +0.027% | $288K | $2.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.89 | −0.012% | $262K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.06 | +0.038% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.85 | −0.024% | $1.4M | $2.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.0051% | 8h | 339.10 | +0.050% | $22.2M | $66.8M | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0068% | 1h | 339.07 | +0.041% | $40.8M | $75.7M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.91 | −0.006% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | −0.038% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.01 | +0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.99 | +0.019% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.124% | $655K | $665K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0200% | 1h | 339.07 | +0.041% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.78 | −0.044% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.10 | +0.050% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
Variational Omni AAPL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Extended AAPL_24_5-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Binance AAPLUSDT
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Hotstuff AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL