Funding you earn now, next payment 08:00 UTC+0.0225%/8h= +24.6% APRpaid last 24h +0.034%
Price spread now: Phoenix against BloFin−0.012%7-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: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAPL-USDT | 340.20 | −0.0013 | get 0.0013% / 8h | 7h 37m | $345K | $166K | 20x |
| Short | Phoenix AAPL | 340.16 | 0.0212 | get 0.0026% / 1h | 37m 17s | $5K | $12K | 20x |
BloFin AAPL-USDT
Phoenix AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- $47.23
- Price spread: −0.012% → 0.000%
- −$1.18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $27.05
- Costs to cover
- 0.190%
- Break-even
- 3.0 days
Slippage unknown: BloFin: live order book, 38 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 BloFin live order book, 38 min ago | 0.15 bp | 6.1 bp −$6 | 8.0 bp −$80 | 11.3 bp −$1,132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AAPL-PERP | −0.0018% | 1h | 339.97 | −0.067% | $556K | $36K | 20x | as long as short |
| BloFin AAPL-USDTlong | −0.0013% | 8h | 340.20 | long leg | $345K | $166K | 20x | |
| edgeX AAPLUSDC | −0.0011% | 4h | 340.24 | +0.010% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.04 | −0.048% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 340.07 | −0.039% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.16 | −0.012% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.17 | −0.009% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.97 | −0.068% | $3.0M | $5.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.18 | −0.006% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.07 | −0.037% | $2.5M | $1.2M | — | as long as short |
Nado AAPL-PERP
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance 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 | 340.34 | +0.041% | $13K | $350K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.19 | −0.003% | $541 | $4.3M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.26 | +0.018% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.20 | 0.000% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 340.05 | −0.044% | $3.2M | $4.2M | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 340.04 | −0.047% | $28K | $69K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 340.01 | −0.056% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 340.14 | −0.018% | $662K | $660K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 340.10 | −0.029% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 340.08 | −0.035% | $968K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 340.09 | −0.032% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.92 | −0.082% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | −0.094% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.00 | −0.059% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 340.00 | −0.059% | $1.3M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0065% | 1h | 339.99 | −0.062% | $40.4M | $76.6M | 20x | as long as short |
| Bybit AAPLUSDT | +0.0085% | 8h | 340.22 | +0.006% | $7.6M | $189.3M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 340.02 | −0.053% | $1.4M | $76K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.97 | −0.068% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 340.07 | −0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 340.08 | −0.036% | $11K | $102 | 10x | as long as short |
| Phoenix AAPLshort | +0.0212% | 1h | 340.16 | −0.012% | $5K | $12K | 20x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.80 | +0.176% | $192K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Deribit AAPL_USDC-PERPETUAL
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Bybit AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP