After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.036%7d average+0.046%fees + slippage, in and out−$26spread needed0.265%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 337.97 | 0.0040 | pay 0.0005% / 1h | 55m 20s | $279K | $69K | 20x |
| Short | Bybit AAPLUSDT | 338.09 | 0 | get 0.0000% / 8h | 7h 55m | $5.7M | $19.6M | 100x |
Arcus AAPL-USD
Bybit AAPLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.55
- Funding while held
- −$1.21
- Slippage, 4 orders
- −$10.95
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.11
- Spread needed to break even
- 0.265%
Slippage from Arcus: live order book, 55 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.21
- Average in range /8h
- —
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 Arcus live order book, 55 min ago | 2.37 bp | 7.8 bp −$8 | 9.2 bp −$92 | 12.9 bp −$1,285 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.15 bp | 6.2 bp −$6 | 10.1 bp −$101 | 30.9 bp −$3,088 | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni337.66cheapestInjective337.76+0.030%Polymarket Perps337.81+0.044%Phoenix337.83+0.050%Gate337.86+0.059%KuCoin337.89+0.068%Vest337.89+0.068%edgeX337.92+0.077%BloFin337.92+0.077%Ondo Perps337.94+0.083%Orderly337.96+0.089%Coinbase International337.96+0.089%
ApeX Omni
Injective
Polymarket Perps
Phoenix
Gate
KuCoin
Vest
BloFin
Ondo Perps
Orderly
Coinbase InternationalArcus337.97+0.092%
tradeXYZ338.00+0.101%Nado338.01+0.103%Aevo338.02+0.105%HTX338.02+0.107%Lighter338.02+0.107%OKX338.04+0.113%Lighter RH338.06+0.118%Aster338.08+0.124%QFEX338.08+0.124%SoDEX338.08+0.124%Binance338.09+0.127%
tradeXYZ
Nado
Aevo
HTX
Lighter
OKX
Lighter RH
Aster
QFEX
SoDEX
BinanceBybit338.09+0.127%
Extended338.10+0.130%Hotstuff338.11+0.133%Bitget338.11+0.133%SunX338.15+0.145%Deribit338.17+0.151%Phemex338.17+0.151%Variational Omni338.20+0.161%
Extended
Hotstuff
Bitget
SunX
Deribit
Phemex
Variational OmniAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AAPLUSDT | −0.092% | +0.0100% | 1h | $943K | $10.8M | 50x | as long as short |
| Injective AAPL/USDC PERP | −0.062% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| Polymarket Perps AAPL-USD | −0.047% | +0.0050% | 1h | $252K | $300K | 10x | as long as short |
| Phoenix AAPL | −0.041% | +0.0118% | 1h | $5K | $9K | 20x | as long as short |
| Gate AAPL_USDT | −0.033% | 0.0000% | 8h | $3.0M | $3.1M | 100x | as long as short |
| KuCoin AAPLUSDTM | −0.024% | −0.0062% | 8h | $1.4M | $18K | 20x | as long as short |
| Vest AAPL-USD-PERP | −0.024% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| edgeX AAPLUSDC | −0.015% | −0.0694% | 4h | $80K | $323K | 20x | as long as short |
| BloFin AAPL-USDT | −0.015% | −0.0026% | 8h | $362K | $121K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.009% | +0.0050% | 1h | $1.3M | $1.4M | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_AAPL_USDC_mythos | −0.003% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.003% | +0.0032% | 1h | $679K | $484K | 10x | as long as short |
| Arcus AAPL-USDlong | 0.000% | +0.0040% | 1h | $279K | $69K | 20x | |
| tradeXYZ xyz:AAPL | +0.009% | +0.0158% | 1h | $62.2M | $45.4M | 20x | as long as short |
| Nado AAPL-PERP | +0.011% | +0.0052% | 1h | $557K | $28K | 20x | as long as short |
| Aevo AAPL-PERP | +0.013% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| HTX AAPL-USDT | +0.015% | 0.0000% | 8h | $53K | $211K | 30x | as long as short |
| Lighter AAPL | +0.015% | +0.0032% | 1h | $568K | $1.9M | 20x | as long as short |
| OKX AAPL-USDT-SWAP | +0.021% | 0.0000% | 8h | $6.7M | $6.1M | 25x | as long as short |
| Lighter RH AAPL | +0.027% | +0.0032% | 1h | $821K | $3.4M | 20x | as long as short |
| Aster AAPLUSDT | +0.032% | 0.0000% | 8h | $131K | $250K | 20x | as long as short |
| QFEX AAPL-USD | +0.033% | +0.0022% | 1h | $3.2M | $3.2M | 10x | as long as short |
| SoDEX AAPL-USD | +0.033% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Binance AAPLUSDT | +0.036% | 0.0000% | 8h | $22.0M | $49.4M | 25x | as long as short |
| Bybit AAPLUSDTshort | +0.036% | 0.0000% | 8h | $5.7M | $19.6M | 100x | |
| Extended AAPL_24_5-USD | +0.038% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.041% | +0.0144% | 1h | $36K | — | 20x | as long as short |
| Bitget AAPLUSDT | +0.041% | 0.0000% | 8h | $6.3M | $2.4M | 100x | as long as short |
| SunX AAPL-USDT | +0.053% | 0.0000% | 8h | $761 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.059% | +0.0135% | 1h | $28K | $56K | 10x | as long as short |
| Phemex AAPLUSDT | +0.059% | 0.0000% | 4h | $2.1M | $7K | 10x | as long as short |
| Variational Omni AAPL | +0.070% | 0.0000% | 8h | $1.9M | $902K | — | as long as short |