Funding you earn now, next payment 19:00 UTC+0.0124%/8hpaid last 24h +0.050%
Price spread now: Phoenix against KuCoin+0.118%93s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.118% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 339.15 | −0.0030 | get 0.0030% / 8h | 4h 21m | $1.4M | $26K | 20x |
| Short | Phoenix AAPL | 339.55 | 0.0094 | get 0.0012% / 1h | 21m 54s | $2K | $12K | 20x |
KuCoin AAPLUSDTM
Phoenix AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. 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
- $26.13
- Price spread: +0.118% → 0.000%
- $11.79
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $18.92
- Costs to cover
- 0.190%
- Break-even
- 1.9 days
Slippage unknown: KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 7.81 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0413% | 4h | 339.44 | +0.085% | $81K | $325K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0032% | 1h | 339.36 | +0.062% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMlong | −0.0030% | 8h | 339.15 | long leg | $1.4M | $26K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.40 | +0.073% | $128K | $282K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.36 | +0.062% | $286K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.36 | +0.062% | $22.3M | $63.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.43 | +0.083% | $6.6M | $24.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.36 | +0.062% | $6.6M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.19 | +0.012% | $3.0M | $3.9M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.36 | +0.062% | $6.3M | $3.0M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.44 | +0.084% | $2.1M | $1.0M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.39 | +0.071% | $12K | $524K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.39 | +0.071% | $696 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.53 | +0.112% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.61 | +0.136% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.37 | +0.065% | $3.3M | $4.6M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0015% | 8h | 339.44 | +0.086% | $316K | $157K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.37 | +0.064% | $711K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.34 | +0.056% | $960K | $3.9M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.35 | +0.059% | $270K | $81K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.15 | 0.000% | — | $9K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.20 | +0.015% | $267K | $283K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.34 | +0.056% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.11 | −0.012% | $1.2M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0061% | 1h | 339.34 | +0.056% | $41.3M | $75.6M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.36 | +0.062% | $662K | $562K | 10x | as long as short |
| Nado AAPL-PERP | +0.0084% | 1h | 339.22 | +0.020% | $557K | $34K | 20x | as long as short |
| Phoenix AAPLshort | +0.0094% | 1h | 339.55 | +0.118% | $2K | $12K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.22 | +0.021% | $948K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.31 | +0.047% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.35 | +0.058% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0163% | 1h | 339.37 | +0.065% | $28K | $64K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.15 | 0.000% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
BloFin AAPL-USDT
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
Nado AAPL-PERP
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Injective AAPL/USDC PERP