After costs, if the gap returns to its 7d average, $10k−$87
spread now+0.109%7d average−0.059%fees + slippage, in and out−$104spread needed1.039%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 338.46 | 0.0220 | pay 0.0028% / 1h | 50m 25s | $191K | $127K | 30x |
| Short | Phemex AAPLUSDT | 338.83 | 0 | get 0.0000% / 4h | 2h 50m | $2.1M | $7K | 10x |
Injective AAPL/USDC PERP
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
- $10.93
- Funding while held
- −$6.6
- Slippage, 4 orders
- −$91.92
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$99.6
- Spread needed to break even
- 1.039%
Slippage from Injective: live order book, 55 min ago; Phemex: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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 Injective live order book, 55 min ago | 6.50 bp | 6.5 bp −$7 | 6.5 bp −$65 | 57591.3 bp −$5.76M | 327956.1 bp −$163.98M |
| Sell Phemex live order book, 4 min ago | 2.66 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.Injective338.46cheapest
Gate338.49+0.009%KuCoin338.52+0.018%Polymarket Perps338.53+0.021%Ondo Perps338.54+0.024%Orderly338.58+0.035%OKX338.59+0.038%Nado338.59+0.039%Aevo338.59+0.039%Vest338.61+0.044%Lighter RH338.63+0.050%Arcus338.63+0.050%SoDEX338.63+0.050%Hotstuff338.64+0.053%SunX338.64+0.053%BloFin338.64+0.053%Lighter338.65+0.056%tradeXYZ338.65+0.056%Bybit338.65+0.056%Binance338.66+0.059%Aster338.66+0.060%Variational Omni338.67+0.061%Extended338.67+0.062%QFEX338.67+0.062%Bitget338.67+0.062%Deribit338.70+0.071%HTX338.71+0.074%Coinbase International338.72+0.077%ApeX Omni338.79+0.098%
Gate
KuCoin
Polymarket Perps
Ondo Perps
Orderly
OKX
Nado
Aevo
Vest
Lighter RH
Arcus
SoDEX
Hotstuff
SunX
BloFin
Lighter
tradeXYZ
Bybit
Binance
Aster
Variational Omni
Extended
QFEX
Bitget
Deribit
HTX
Coinbase International
ApeX OmniPhemex338.83+0.109%
edgeX338.83+0.109%Phoenix338.87+0.121%
PhoenixAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAPL/USDC PERPlong | 0.000% | +0.0220% | 1h | $191K | $127K | 30x | |
| Gate AAPL_USDT | +0.009% | 0.0000% | 8h | $3.0M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.018% | −0.0069% | 8h | $1.4M | $20K | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.021% | +0.0050% | 1h | $266K | $281K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.024% | +0.0050% | 1h | $1.2M | $1.8M | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.035% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| OKX AAPL-USDT-SWAP | +0.038% | 0.0000% | 8h | $6.6M | $6.4M | 25x | as long as short |
| Nado AAPL-PERP | +0.039% | −0.0025% | 1h | $557K | $31K | 20x | as long as short |
| Aevo AAPL-PERP | +0.039% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| Vest AAPL-USD-PERP | +0.044% | +0.0046% | 1h | — | $9K | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.050% | +0.0032% | 1h | $901K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.050% | +0.0040% | 1h | $272K | $76K | 20x | as long as short |
| SoDEX AAPL-USD | +0.050% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.053% | +0.0032% | 1h | $36K | — | 20x | as long as short |
| SunX AAPL-USDT | +0.053% | 0.0000% | 8h | $738 | $4.7M | 20x | as long as short |
| BloFin AAPL-USDT | +0.053% | +0.0014% | 8h | $361K | $135K | 20x | as long as short |
| Lighter AAPL | +0.056% | +0.0032% | 1h | $583K | $2.0M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.056% | +0.0050% | 1h | $54.1M | $52.8M | 20x | as long as short |
| Bybit AAPLUSDT | +0.056% | 0.0000% | 8h | $5.7M | $20.7M | 100x | as long as short |
| Binance AAPLUSDT | +0.059% | 0.0000% | 8h | $22.3M | $55.9M | 25x | as long as short |
| Aster AAPLUSDT | +0.060% | 0.0000% | 8h | $128K | $283K | 20x | as long as short |
| Variational Omni AAPL | +0.061% | 0.0000% | 8h | $2.0M | $967K | — | as long as short |
| Extended AAPL_24_5-USD | +0.062% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| QFEX AAPL-USD | +0.062% | +0.0005% | 1h | $3.3M | $3.6M | 10x | as long as short |
| Bitget AAPLUSDT | +0.062% | 0.0000% | 8h | $6.3M | $2.8M | 100x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.071% | 0.0000% | 1h | $28K | $61K | 10x | as long as short |
| HTX AAPL-USDT | +0.074% | 0.0000% | 8h | $53K | $223K | 30x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.077% | +0.0024% | 1h | $671K | $503K | 10x | as long as short |
| ApeX Omni AAPLUSDT | +0.098% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| Phemex AAPLUSDTshort | +0.109% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| edgeX AAPLUSDC | +0.109% | −0.0916% | 4h | $80K | $325K | 20x | as long as short |
| Phoenix AAPL | +0.121% | +0.0165% | 1h | $2K | $11K | 20x | as long as short |