Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Phemex−0.086%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.015%+$2 · spread now −0.086%, 7d avg −0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 339.03 | 0 | get 0.0000% / 4h | 3h 57m | $2.1M | $6K | 10x |
| Short | Gate AAPL_USDT | 338.74 | 0 | get 0.0000% / 8h | 7h 57m | $3.0M | $4.2M | 100x |
Phemex AAPLUSDT
Gate AAPL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: −0.086% → −0.071%
- −$1.41
- Slippage, 4 orders
- −$83.72
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$112.14
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Gate: live order book, 5 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 Phemex live order book, 6 min ago | 1.92 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.18 bp | 12.4 bp −$12 | 32.1 bp −$321 | 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 | −0.0725% | 4h | 338.96 | −0.020% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0147% | 1h | 338.91 | −0.035% | $557K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | −0.012% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.01 | −0.006% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | −0.015% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDTshort | 0.0000% | 8h | 338.74 | −0.086% | $3.0M | $4.2M | 100x | |
| SunX AAPL-USDT | 0.0000% | 8h | 338.96 | −0.021% | $542 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.77 | −0.077% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.02 | −0.003% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDTlong | 0.0000% | 4h | 339.03 | long leg | $2.1M | $6K | 10x |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | +0.0023% | 8h | 339.04 | +0.003% | $13K | $490K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.84 | −0.056% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.88 | −0.044% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.75 | −0.083% | — | $53K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 338.90 | −0.038% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.88 | −0.044% | $40.8M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.85 | −0.053% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.88 | −0.044% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.60 | −0.127% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.95 | −0.024% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0090% | 8h | 338.95 | −0.024% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.73 | −0.088% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | −0.068% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.92 | −0.032% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | −0.004% | $11K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0106% | 8h | 339.00 | −0.007% | $2.4M | $1.4M | — | as long as short |
| Binance AAPLUSDT | +0.0126% | 8h | 338.96 | −0.021% | $22.3M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0128% | 1h | 338.88 | −0.043% | $285K | $1.5M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0151% | 8h | 339.03 | 0.000% | $346K | $170K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | 0.000% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.80 | −0.068% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.13 | +0.029% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.90 | −0.038% | $269K | $70K | 20x | as long as short |
GRVT AAPL_USDT_Perp
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
Hotstuff AAPL-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Variational Omni AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD