Funding you earn now, next payment 05:00 UTC+0.0167%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.026%
Price spread now: Phoenix against Vest+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.027% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest AAPL-USD-PERP | 339.38 | 0.0046 | pay 0.0006% / 1h | 34m 48s | — | $45K | 25x |
| Short | Phoenix AAPL | 339.47 | 0.0212 | get 0.0027% / 1h | 34m 48s | $5K | $11K | 20x |
Vest AAPL-USD-PERP
Phoenix AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Vest. 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
- $34.98
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $28.63
- Costs to cover
- 0.090%
- Break-even
- 1.3 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Vest and 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 | −0.0078% | 4h | 339.51 | +0.038% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0072% | 1h | 339.48 | +0.029% | $555K | $38K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0045% | 1h | 339.31 | −0.021% | $28K | $68K | 10x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.42 | +0.012% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.40 | +0.005% | $278K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.51 | +0.037% | $22.0M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.53 | +0.044% | $5.8M | $88.5M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.48 | +0.029% | $6.2M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.24 | −0.041% | $3.0M | $4.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.49 | +0.032% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
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 | 339.52 | +0.043% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.52 | +0.041% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.51 | +0.038% | $744 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.62 | +0.071% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.56 | +0.053% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0019% | 8h | 339.57 | +0.056% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.47 | +0.027% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.41 | +0.010% | $838K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.44 | +0.018% | $945K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.31 | −0.021% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERPlong | +0.0046% | 1h | 339.38 | long leg | — | $45K | 25x | |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.16 | −0.065% | $661K | $659K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.41 | +0.009% | $40.5M | $76.3M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.38 | 0.000% | $278K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.43 | +0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.35 | −0.009% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 339.38 | 0.000% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.30 | −0.024% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.43 | +0.015% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.38 | 0.000% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.41 | +0.010% | $11K | — | 10x | as long as short |
| Phoenix AAPLshort | +0.0212% | 1h | 339.47 | +0.027% | $5K | $11K | 20x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.36 | −0.006% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP