Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Bitget against Phemex−0.003%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.003%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 339.77 | 0 | get 0.0000% / 4h | 1h 30m | $2.1M | $7K | 10x |
| Short | Bitget AAPLUSDT | 339.76 | 0 | get 0.0000% / 8h | 1h 30m | $6.2M | $3.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- $0
- Price spread: −0.003% → −0.017%
- $1.44
- Slippage, 4 orders
- −$72.23
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.79
- Costs to cover
- 0.962%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Bitget: live order book, 3 min ago.
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 | 0.59 bp | 38.8 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.15 bp | 8.9 bp −$9 | 13.1 bp −$131 | 52.0 bp −$5,204 | doesn't fit |
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 | −0.0349% | 4h | 339.67 | −0.031% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0060% | 1h | 339.58 | −0.055% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.62 | −0.045% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.63 | −0.042% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.71 | −0.018% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.74 | −0.009% | $7.0M | $113.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.70 | −0.021% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.46 | −0.091% | $3.0M | $5.1M | 100x | as long as short |
| Bitget AAPLUSDTshort | 0.0000% | 8h | 339.76 | −0.003% | $6.2M | $3.5M | 100x | |
| Variational Omni AAPL | 0.0000% | 8h | 339.70 | −0.019% | $2.4M | $1.4M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.72 | −0.013% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.69 | −0.024% | $788 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.58 | −0.056% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.76 | −0.003% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDTlong | 0.0000% | 4h | 339.77 | long leg | $2.1M | $7K | 10x | |
| BloFin AAPL-USDT | +0.0015% | 8h | 339.71 | −0.018% | $342K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.61 | −0.047% | $3.3M | $4.3M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.66 | −0.032% | $663K | $662K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.63 | −0.040% | $907K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.63 | −0.041% | $944K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 339.58 | −0.056% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.58 | −0.056% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.52 | −0.074% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.64 | −0.038% | $40.6M | $76.5M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.59 | −0.053% | $279K | $417K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.62 | −0.044% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.46 | −0.091% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.55 | −0.065% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.57 | −0.059% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.57 | −0.059% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.60 | −0.051% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.80 | +0.009% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.51 | −0.077% | $191K | $44K | 30x | as long as short |
Phemex AAPLUSDT
Bitget AAPLUSDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP