After costs, if the gap returns to its 7d average, $10k−$90
spread now+0.050%7d average+0.012%fees + slippage, in and out−$94spread needed0.935%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAPLUSDT | 338.66 | 0 | get 0.0000% / 8h | 6h 48m | $22.3M | $56.0M | 25x |
| Short | Phemex AAPLUSDT | 338.83 | 0 | get 0.0000% / 4h | 2h 48m | $2.1M | $7K | 10x |
Binance AAPLUSDT
Phemex 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
- $5.03
- Funding while held
- $0
- Slippage, 4 orders
- −$71.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$88.52
- Spread needed to break even
- 0.935%
Slippage from Binance: live order book, 10 min ago; Phemex: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Binance live order book, 10 min ago | 0.15 bp | 5.1 bp −$5 | 6.3 bp −$63 | 20.4 bp −$2,042 | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.33 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.Gate338.45cheapestKuCoin338.52+0.021%Polymarket Perps338.52+0.021%Injective338.53+0.024%Ondo Perps338.57+0.035%tradeXYZ338.60+0.044%OKX338.60+0.044%Vest338.60+0.044%Lighter RH338.61+0.047%Arcus338.61+0.047%ApeX Omni338.61+0.047%Lighter338.61+0.048%Orderly338.62+0.050%Aevo338.63+0.052%Bitget338.64+0.056%Bybit338.65+0.059%Extended338.66+0.061%
Gate
KuCoin
Polymarket Perps
Injective
Ondo Perps
tradeXYZ
OKX
Vest
Lighter RH
Arcus
ApeX Omni
Lighter
Orderly
Aevo
Bitget
Bybit
ExtendedBinance338.66+0.062%
SunX338.66+0.062%Variational Omni338.67+0.064%QFEX338.67+0.065%SoDEX338.67+0.065%Aster338.67+0.065%Hotstuff338.68+0.068%Nado338.69+0.072%BloFin338.71+0.077%Deribit338.72+0.080%Coinbase International338.72+0.080%HTX338.76+0.092%
SunX
Variational Omni
QFEX
SoDEX
Aster
Hotstuff
Nado
BloFin
Deribit
Coinbase International
HTXPhemex338.83+0.112%
edgeX338.83+0.112%Phoenix338.87+0.124%
PhoenixAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AAPL_USDT | −0.062% | 0.0000% | 8h | $3.0M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | −0.041% | −0.0070% | 8h | $1.4M | $20K | 20x | as long as short |
| Polymarket Perps AAPL-USD | −0.041% | +0.0050% | 1h | $266K | $281K | 10x | as long as short |
| Injective AAPL/USDC PERP | −0.038% | +0.0220% | 1h | $191K | $127K | 30x | as long as short |
| Ondo Perps AAPL-USD.P | −0.027% | +0.0050% | 1h | $1.2M | $1.8M | 20x | as long as short |
| tradeXYZ xyz:AAPL | −0.018% | +0.0050% | 1h | $54.0M | $52.8M | 20x | as long as short |
| OKX AAPL-USDT-SWAP | −0.018% | 0.0000% | 8h | $6.6M | $6.4M | 25x | as long as short |
| Vest AAPL-USD-PERP | −0.018% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Lighter RH AAPL | −0.015% | +0.0032% | 1h | $900K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | −0.015% | +0.0040% | 1h | $272K | $76K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AAPLUSDT | −0.015% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| Lighter AAPL | −0.014% | +0.0032% | 1h | $583K | $2.0M | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.012% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | −0.010% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| Bitget AAPLUSDT | −0.006% | 0.0000% | 8h | $6.3M | $2.8M | 100x | as long as short |
| Bybit AAPLUSDT | −0.003% | 0.0000% | 8h | $5.9M | $20.8M | 100x | as long as short |
| Extended AAPL_24_5-USD | −0.001% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| Binance AAPLUSDTlong | 0.000% | 0.0000% | 8h | $22.3M | $56.0M | 25x | |
| SunX AAPL-USDT | 0.000% | 0.0000% | 8h | $630 | $4.7M | 20x | as long as short |
| Variational Omni AAPL | +0.002% | 0.0000% | 8h | $2.0M | $967K | — | as long as short |
| QFEX AAPL-USD | +0.003% | +0.0005% | 1h | $3.3M | $3.7M | 10x | as long as short |
| SoDEX AAPL-USD | +0.003% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Aster AAPLUSDT | +0.003% | 0.0000% | 8h | $128K | $283K | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.006% | +0.0040% | 1h | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.010% | −0.0021% | 1h | $557K | $31K | 20x | as long as short |
| BloFin AAPL-USDT | +0.015% | +0.0001% | 8h | $363K | $135K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.018% | 0.0000% | 1h | $28K | $61K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.018% | +0.0024% | 1h | $671K | $503K | 10x | as long as short |
| HTX AAPL-USDT | +0.030% | 0.0000% | 8h | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDTshort | +0.050% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| edgeX AAPLUSDC | +0.050% | −0.0916% | 4h | $80K | $325K | 20x | as long as short |
| Phoenix AAPL | +0.062% | +0.0165% | 1h | $2K | $11K | 20x | as long as short |