After costs, if the gap returns to its 7d average, $10k−$74
spread now+0.130%7d average+0.061%fees + slippage, in and out−$81spread needed0.809%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAPL | 337.29 | 0.0032 | pay 0.0004% / 1h | 33m 32s | $447K | $1.7M | 20x |
| Short | Phemex AAPLUSDT | 337.73 | 0 | get 0.0000% / 4h | 33m 32s | $2.1M | $7K | 10x |
Lighter AAPL
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
- $12.99
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$68.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$68.84
- Spread needed to break even
- 0.809%
Slippage from Lighter: live order book, 9 min ago; Phemex: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 Lighter live order book, 9 min ago | 0.07 bp | 0.4 bp $0 | 2.1 bp −$21 | 24.7 bp −$2,467 | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.93 bp | 42.8 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.SoDEX336.94cheapestOrderly336.96+0.006%Polymarket Perps336.97+0.009%Aevo336.98+0.013%Gate337.03+0.027%HTX337.05+0.033%KuCoin337.06+0.036%Deribit337.06+0.036%ApeX Omni337.07+0.039%Vest337.10+0.047%Ondo Perps337.11+0.050%tradeXYZ337.14+0.059%SunX337.15+0.062%Nado337.24+0.088%Coinbase International337.24+0.089%Aster337.26+0.095%Arcus337.26+0.095%Lighter RH337.27+0.098%Bybit337.27+0.098%OKX337.27+0.098%Bitget337.29+0.104%
SoDEX
Orderly
Polymarket Perps
Aevo
Gate
HTX
KuCoin
Deribit
ApeX Omni
Vest
Ondo Perps
tradeXYZ
SunX
Nado
Coinbase International
Aster
Arcus
Lighter RH
Bybit
OKX
BitgetLighter337.29+0.104%
BloFin337.30+0.107%Binance337.32+0.113%QFEX337.34+0.119%Extended337.36+0.126%Hotstuff337.40+0.137%edgeX337.47+0.157%Variational Omni337.62+0.200%Phoenix337.70+0.226%
BloFin
Binance
QFEX
Extended
Hotstuff
Variational Omni
PhoenixPhemex337.73+0.234%
Injective337.83+0.264%
InjectiveAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX AAPL-USD | −0.104% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.098% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| Polymarket Perps AAPL-USD | −0.095% | +0.0050% | 1h | $251K | $291K | 10x | as long as short |
| Aevo AAPL-PERP | −0.091% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| Gate AAPL_USDT | −0.078% | 0.0000% | 8h | $3.0M | $2.8M | 100x | as long as short |
| HTX AAPL-USDT | −0.072% | 0.0000% | 8h | $53K | $214K | 30x | as long as short |
| KuCoin AAPLUSDTM | −0.069% | −0.0065% | 8h | $1.4M | $18K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.069% | 0.0000% | 1h | $28K | $53K | 10x | as long as short |
| ApeX Omni AAPLUSDT | −0.066% | +0.0100% | 1h | $942K | $10.8M | 50x | as long as short |
| Vest AAPL-USD-PERP | −0.057% | +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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps AAPL-USD.P | −0.054% | +0.0050% | 1h | $1.3M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:AAPL | −0.045% | +0.0050% | 1h | $76.3M | $23.9M | 20x | as long as short |
| SunX AAPL-USDT | −0.042% | 0.0000% | 8h | $512 | $4.1M | 20x | as long as short |
| Nado AAPL-PERP | −0.017% | +0.0071% | 1h | $556K | $28K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.015% | +0.0032% | 1h | $682K | $455K | 10x | as long as short |
| Aster AAPLUSDT | −0.010% | 0.0000% | 8h | $130K | $245K | 20x | as long as short |
| Arcus AAPL-USD | −0.009% | +0.0040% | 1h | $283K | $63K | 20x | as long as short |
| Lighter RH AAPL | −0.007% | +0.0032% | 1h | $845K | $3.3M | 20x | as long as short |
| Bybit AAPLUSDT | −0.007% | 0.0000% | 8h | $5.3M | $19.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | −0.007% | 0.0000% | 8h | $6.7M | $5.9M | 25x | as long as short |
| Bitget AAPLUSDT | −0.001% | 0.0000% | 8h | $6.3M | $2.4M | 100x | as long as short |
| Lighter AAPLlong | 0.000% | +0.0032% | 1h | $447K | $1.7M | 20x | |
| BloFin AAPL-USDT | +0.002% | −0.0018% | 8h | $367K | $111K | 20x | as long as short |
| Binance AAPLUSDT | +0.008% | 0.0000% | 8h | $22.4M | $43.6M | 25x | as long as short |
| QFEX AAPL-USD | +0.014% | +0.0011% | 1h | $3.2M | $2.9M | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.022% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.032% | +0.0216% | 1h | $36K | — | 20x | as long as short |
| edgeX AAPLUSDC | +0.052% | −0.0466% | 4h | $80K | $325K | 20x | as long as short |
| Variational Omni AAPL | +0.096% | 0.0000% | 8h | $1.9M | $863K | — | as long as short |
| Phoenix AAPL | +0.121% | +0.0024% | 1h | $5K | $9K | 20x | as long as short |
| Phemex AAPLUSDTshort | +0.130% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| Injective AAPL/USDC PERP | +0.160% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |