Funding you earn now, next payment 03:00 UTC−0.0183%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: ApeX Omni against Phoenix−0.038%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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.038% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAPL | 338.89 | 0.0283 | pay 0.0035% / 1h | 35m 58s | $5K | $11K | 20x |
| Short | ApeX Omni AAPLUSDT | 338.76 | 0.0100 | get 0.0013% / 1h | 35m 58s | $946K | $11.0M | 50x |
Phoenix AAPL
ApeX Omni AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$38.48
- Price spread: −0.038% → 0.000%
- −$3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$59.32
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 3 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 ApeX Omni live order book, 3 min ago | 2.07 bp | 7.4 bp −$7 | 9.0 bp −$90 | doesn't fit | 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 | −0.0183% | 4h | 338.86 | −0.010% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0163% | 1h | 338.61 | −0.083% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0022% | 1h | 338.80 | −0.025% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0007% | 8h | 338.92 | +0.009% | $341K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.81 | −0.024% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.85 | −0.012% | $286K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.92 | +0.009% | $22.2M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.85 | −0.012% | $5.9M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.94 | +0.015% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | −0.059% | $3.0M | $4.2M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 338.96 | +0.021% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.94 | +0.013% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.89 | 0.000% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.93 | +0.012% | $444 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.07 | +0.053% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.94 | +0.015% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 338.88 | −0.003% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.77 | −0.034% | $780K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.82 | −0.021% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.81 | −0.024% | $266K | $67K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.053% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.76 | −0.038% | $278K | $420K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.77 | −0.035% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.68 | −0.062% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0052% | 1h | 338.78 | −0.032% | $40.5M | $75.9M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 338.78 | −0.032% | $659K | $664K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.82 | −0.021% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDTshort | +0.0100% | 1h | 338.76 | −0.038% | $946K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.80 | −0.027% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.82 | −0.019% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.79 | −0.030% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.64 | −0.074% | $191K | $44K | 30x | as long as short |
| Phoenix AAPLlong | +0.0283% | 1h | 338.89 | long leg | $5K | $11K | 20x |
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
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
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Injective AAPL/USDC PERP