After costs, if the gap returns to its 7d average, $10k−$97
spread now−0.065%7d average−0.070%fees + slippage, in and out−$97spread needed0.971%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 338.68 | 0 | get 0.0000% / 4h | 3h 41m | $2.1M | $7K | 10x |
| Short | Arcus AAPL-USD | 338.46 | 0.0040 | get 0.0005% / 1h | 41m 32s | $279K | $69K | 20x |
Phemex AAPLUSDT
Arcus AAPL-USDPrice 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
- −$6.5
- Funding while held
- $1.21
- Slippage, 4 orders
- −$80.58
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$102.37
- Spread needed to break even
- 0.971%
Slippage from Phemex: live order book, 3 min ago; Arcus: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.21
- 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 Phemex live order book, 3 min ago | 2.36 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 1.77 bp | 4.0 bp −$4 | 7.5 bp −$75 | 12.4 bp −$1,240 | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.Injective338.31cheapest
InjectiveArcus338.46+0.044%
Nado338.48+0.051%ApeX Omni338.51+0.059%BloFin338.55+0.071%edgeX338.56+0.075%Ondo Perps338.58+0.080%Vest338.58+0.080%Phoenix338.61+0.089%Polymarket Perps338.62+0.092%Coinbase International338.64+0.098%Variational Omni338.68+0.108%
Nado
ApeX Omni
BloFin
Ondo Perps
Vest
Phoenix
Polymarket Perps
Coinbase International
Variational OmniPhemex338.68+0.109%
KuCoin338.69+0.112%Gate338.74+0.127%HTX338.75+0.130%Hotstuff338.77+0.136%SoDEX338.78+0.139%Aevo338.80+0.144%Orderly338.80+0.145%SunX338.82+0.151%Extended338.84+0.158%QFEX338.86+0.163%Deribit338.87+0.166%Binance338.89+0.173%Lighter RH338.92+0.180%OKX338.92+0.180%Aster338.92+0.181%Bybit338.94+0.186%tradeXYZ338.97+0.195%Lighter338.99+0.200%Bitget339.02+0.210%
KuCoin
Gate
HTX
Hotstuff
SoDEX
Aevo
Orderly
SunX
Extended
QFEX
Deribit
Binance
Lighter RH
OKX
Aster
Bybit
tradeXYZ
Lighter
BitgetAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAPL/USDC PERP | −0.109% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| Arcus AAPL-USDshort | −0.065% | +0.0040% | 1h | $279K | $69K | 20x | |
| Nado AAPL-PERP | −0.058% | +0.0034% | 1h | $558K | $31K | 20x | as long as short |
| ApeX Omni AAPLUSDT | −0.050% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| BloFin AAPL-USDT | −0.038% | −0.0016% | 8h | $363K | $129K | 20x | as long as short |
| edgeX AAPLUSDC | −0.034% | −0.0294% | 4h | $80K | $323K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.030% | +0.0050% | 1h | $1.3M | $1.5M | 20x | as long as short |
| Vest AAPL-USD-PERP | −0.030% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Phoenix AAPL | −0.021% | +0.0118% | 1h | $5K | $9K | 20x | as long as short |
| Polymarket Perps AAPL-USD | −0.018% | +0.0050% | 1h | $267K | $332K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International AAPL-PERP-INTX | −0.012% | +0.0032% | 1h | $677K | $491K | 10x | as long as short |
| Variational Omni AAPL | −0.001% | 0.0000% | 8h | $1.9M | $925K | — | as long as short |
| Phemex AAPLUSDTlong | 0.000% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| KuCoin AAPLUSDTM | +0.003% | −0.0058% | 8h | $1.4M | $18K | 20x | as long as short |
| Gate AAPL_USDT | +0.018% | 0.0000% | 8h | $3.0M | $3.2M | 100x | as long as short |
| HTX AAPL-USDT | +0.021% | 0.0000% | 8h | $53K | $212K | 30x | as long as short |
| Hotstuff AAPL-PERP | +0.027% | +0.0128% | 1h | $36K | — | 20x | as long as short |
| SoDEX AAPL-USD | +0.030% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Aevo AAPL-PERP | +0.035% | +0.0104% | 1h | $11K | — | 10x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.035% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| SunX AAPL-USDT | +0.041% | 0.0000% | 8h | $725 | $4.7M | 20x | as long as short |
| Extended AAPL_24_5-USD | +0.049% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| QFEX AAPL-USD | +0.053% | +0.0022% | 1h | $3.2M | $3.3M | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.056% | 0.0000% | 1h | $28K | $57K | 10x | as long as short |
| Binance AAPLUSDT | +0.063% | 0.0000% | 8h | $22.2M | $51.9M | 25x | as long as short |
| Lighter RH AAPL | +0.071% | +0.0032% | 1h | $849K | $3.6M | 20x | as long as short |
| OKX AAPL-USDT-SWAP | +0.071% | 0.0000% | 8h | $6.7M | $6.2M | 25x | as long as short |
| Aster AAPLUSDT | +0.072% | 0.0000% | 8h | $117K | $271K | 20x | as long as short |
| Bybit AAPLUSDT | +0.077% | 0.0000% | 8h | $5.8M | $19.9M | 100x | as long as short |
| tradeXYZ xyz:AAPL | +0.086% | +0.0050% | 1h | $58.5M | $48.9M | 20x | as long as short |
| Lighter AAPL | +0.090% | +0.0032% | 1h | $565K | $2.0M | 20x | as long as short |
| Bitget AAPLUSDT | +0.100% | 0.0000% | 8h | $6.3M | $2.7M | 100x | as long as short |