Funding you earn now, next payment 22:00 UTC−0.0359%/8h= −39.3% APRpaid last 24h +0.008%
Price spread now: BloFin against Phoenix−0.006%106s7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAPL | 339.16 | 0.0354 | pay 0.0044% / 1h | 27m 33s | $2K | $11K | 20x |
| Short | BloFin AAPL-USDT | 339.14 | −0.0005 | pay 0.0005% / 8h | 1h 27m | $351K | $168K | 20x |
Phoenix AAPL
BloFin AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phoenix. 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
- −$75.46
- Price spread: −0.006% → 0.000%
- −$0.59
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$95.05
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 52 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 52 min ago | 0.29 bp | 6.7 bp −$7 | 10.4 bp −$104 | 22.9 bp −$2,294 | doesn't fit |
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 | −0.0400% | 4h | 339.11 | −0.016% | $81K | $325K | 20x | as long as short |
| BloFin AAPL-USDTshort | −0.0005% | 8h | 339.14 | −0.006% | $351K | $168K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.11 | −0.014% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.07 | −0.027% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.13 | −0.009% | $22.4M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.17 | +0.003% | $6.1M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.04 | −0.035% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.90 | −0.077% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.14 | −0.006% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | −0.007% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.12 | −0.013% | $14K | $498K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.12 | −0.012% | $587 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.23 | +0.021% | $53K | $222K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.15 | −0.003% | $2.1M | $7K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.05 | −0.032% | $968K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.76 | −0.118% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.89 | −0.080% | $265K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.03 | −0.038% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.75 | −0.121% | $1.5M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 339.04 | −0.037% | $769K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 339.05 | −0.032% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 339.03 | −0.038% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.0087% | 1h | 338.86 | −0.088% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.094% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.115% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.00 | −0.047% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.05 | −0.032% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | −0.038% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0185% | 1h | 339.03 | −0.038% | $40.9M | $76.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0193% | 1h | 338.98 | −0.053% | $28K | $65K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.115% | $191K | $44K | 30x | as long as short |
| Phoenix AAPLlong | +0.0354% | 1h | 339.16 | long leg | $2K | $11K | 20x | |
| Arcus AAPL-USD | +0.0364% | 1h | 339.02 | −0.041% | $270K | $70K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Lighter AAPL
QFEX AAPL-USD
Hotstuff AAPL-PERP
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Deribit AAPL_USDC-PERPETUAL
Injective AAPL/USDC PERP
Arcus AAPL-USD