Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average—if it closes, per $10,000$1funding while held, a day+$2.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AAPL-USD.P | 338.58 | 0.0050 | pay 0.0006% / 1h | 41m 24s | $1.3M | $1.5M | 20x |
| Short | Phoenix AAPL | 338.61 | 0.0118 | get 0.0015% / 1h | 41m 24s | $5K | $9K | 20x |
Ondo Perps AAPL-USD.P
Phoenix AAPLPrice 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
- $0.89
- Funding while held
- $2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$9.08
- Spread needed to break even
- 0.120%
Slippage unknown: Ondo Perps: no order-book sample; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.04
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Ondo Perps and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective338.31cheapestArcus338.46+0.044%ApeX Omni338.55+0.071%BloFin338.55+0.071%edgeX338.56+0.075%
Injective
Arcus
ApeX Omni
BloFinOndo Perps338.58+0.080%
Phoenix338.61+0.089%
Coinbase International338.64+0.098%KuCoin338.67+0.106%Variational Omni338.68+0.108%Phemex338.68+0.109%Gate338.69+0.112%Polymarket Perps338.73+0.124%Vest338.75+0.130%HTX338.75+0.130%Hotstuff338.77+0.136%SoDEX338.78+0.139%Aevo338.80+0.144%SunX338.82+0.151%Extended338.84+0.158%QFEX338.86+0.163%Deribit338.87+0.166%Aster338.88+0.168%Orderly338.88+0.168%OKX338.89+0.171%Nado338.90+0.173%Binance338.90+0.174%tradeXYZ338.90+0.174%Bybit338.90+0.174%Lighter RH338.92+0.180%Bitget338.93+0.183%Lighter338.99+0.200%
Coinbase International
KuCoin
Variational Omni
Phemex
Gate
Polymarket Perps
Vest
HTX
Hotstuff
SoDEX
Aevo
SunX
Extended
QFEX
Deribit
Aster
Orderly
OKX
Nado
Binance
tradeXYZ
Bybit
Lighter RH
Bitget
LighterAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAPL/USDC PERP | −0.080% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| Arcus AAPL-USD | −0.035% | +0.0040% | 1h | $279K | $69K | 20x | as long as short |
| ApeX Omni AAPLUSDT | −0.009% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| BloFin AAPL-USDT | −0.009% | −0.0016% | 8h | $363K | $129K | 20x | as long as short |
| edgeX AAPLUSDC | −0.005% | −0.0294% | 4h | $80K | $323K | 20x | as long as short |
| Ondo Perps AAPL-USD.Plong | 0.000% | +0.0050% | 1h | $1.3M | $1.5M | 20x | |
| Phoenix AAPLshort | +0.009% | +0.0118% | 1h | $5K | $9K | 20x | |
| Coinbase International AAPL-PERP-INTX | +0.018% | +0.0032% | 1h | $677K | $491K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.027% | −0.0058% | 8h | $1.4M | $18K | 20x | as long as short |
| Variational Omni AAPL | +0.028% | 0.0000% | 8h | $1.9M | $925K | — | as long as short |