Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.045%
Price spread now: Phoenix against GRVT+0.010%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AAPL_USDT_Perp | 339.86 | 0 | get 0.0000% / 8h | 7h 14m | $22K | $345K | 10x |
| Short | Phoenix AAPL | 339.90 | 0.0212 | get 0.0026% / 1h | 14m 07s | $5K | $12K | 20x |
GRVT AAPL_USDT_Perp
Phoenix AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against GRVT. 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
- $44.48
- Price spread: +0.010% → 0.000%
- $1.04
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $29.53
- Costs to cover
- 0.160%
- Break-even
- 2.4 days
Slippage unknown: GRVT: live order book, 18 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 GRVT live order book, 18 min ago | 1.47 bp | 6.5 bp −$6 | 8.8 bp −$88 | 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 AAPLUSDC | −0.0464% | 4h | 339.98 | +0.033% | $81K | $327K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0056% | 1h | 339.87 | +0.002% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | −0.0021% | 1h | 339.82 | −0.012% | $556K | $35K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.89 | +0.008% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.93 | +0.020% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.04 | +0.052% | $22.2M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 340.08 | +0.063% | $7.0M | $209.7M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.94 | +0.022% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.84 | −0.007% | $3.0M | $5.9M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.02 | +0.046% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
Nado 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 | 340.04 | +0.050% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perplong | 0.0000% | 8h | 339.86 | long leg | $22K | $345K | 10x | |
| SunX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.043% | $765 | $4.3M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.10 | +0.069% | $62K | $243K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.94 | +0.022% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0006% | 8h | 340.03 | +0.049% | $347K | $166K | 20x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.94 | +0.022% | $3.3M | $4.2M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.56 | −0.090% | $660K | $653K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.94 | +0.022% | $928K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.91 | +0.013% | $986K | $3.3M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.87 | +0.002% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.75 | −0.034% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.91 | +0.013% | $40.4M | $76.7M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | +0.005% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.94 | +0.022% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.75 | −0.034% | $1.3M | $2.3M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.70 | −0.048% | $1.4M | $93K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.87 | +0.002% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.89 | +0.007% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.85 | −0.004% | $11K | $102 | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0191% | 1h | 339.91 | +0.013% | $28K | $70K | 10x | as long as short |
| Phoenix AAPLshort | +0.0212% | 1h | 339.90 | +0.010% | $5K | $12K | 20x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.37 | +0.149% | $192K | $44K | 30x | as long as short |
Variational Omni AAPL
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-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
Deribit AAPL_USDC-PERPETUAL
Injective AAPL/USDC PERP