After costs, if the gap returns to its 7d average, $10k−$225
spread now−0.062%7d average−0.084%fees + slippage, in and out−$227spread needed2.268%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 337.42 | 0 | get 0.0000% / 4h | 22m 19s | $2.1M | $7K | 10x |
| Short | KuCoin AAPLUSDTM | 337.21 | −0.0054 | pay 0.0054% / 8h | 22m 19s | $1.4M | $18K | 20x |
Phemex AAPLUSDT
KuCoin AAPLUSDTMPrice 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
- −$6.22
- Funding while held
- −$1.62
- Slippage, 4 orders
- −$202.79
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$234.63
- Spread needed to break even
- 2.268%
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0054%
- Per $10,000 a day
- −$1.62
- 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 | 1.63 bp | 39.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 6.82 bp | 70.2 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni337.16cheapestHotstuff337.19+0.009%
ApeX Omni
HotstuffKuCoin337.21+0.015%
Polymarket Perps337.24+0.024%Coinbase International337.24+0.024%Phoenix337.27+0.033%Ondo Perps337.29+0.039%Vest337.31+0.044%SoDEX337.34+0.053%Nado337.35+0.055%edgeX337.36+0.058%tradeXYZ337.38+0.065%Gate337.38+0.065%Lighter337.39+0.068%HTX337.39+0.068%Variational Omni337.39+0.070%BloFin337.41+0.074%Arcus337.42+0.077%
Polymarket Perps
Coinbase International
Phoenix
Ondo Perps
Vest
SoDEX
Nado
tradeXYZ
Gate
Lighter
HTX
Variational Omni
BloFin
ArcusPhemex337.42+0.077%
Lighter RH337.43+0.080%Orderly337.46+0.089%OKX337.47+0.092%Aevo337.49+0.097%Bybit337.50+0.101%Extended337.51+0.104%QFEX337.52+0.107%Deribit337.54+0.113%Aster337.55+0.116%SunX337.57+0.122%Binance337.58+0.125%Bitget337.58+0.125%Injective337.58+0.125%
Lighter RH
Orderly
OKX
Aevo
Bybit
Extended
QFEX
Deribit
Aster
SunX
Binance
Bitget
InjectiveAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AAPLUSDT | −0.077% | +0.0100% | 1h | $942K | $10.8M | 50x | as long as short |
| Hotstuff AAPL-PERP | −0.068% | +0.0048% | 1h | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMshort | −0.062% | −0.0054% | 8h | $1.4M | $18K | 20x | |
| Polymarket Perps AAPL-USD | −0.053% | +0.0050% | 1h | $252K | $291K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.053% | +0.0032% | 1h | $682K | $455K | 10x | as long as short |
| Phoenix AAPL | −0.044% | +0.0024% | 1h | $5K | $9K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.039% | +0.0050% | 1h | $1.3M | $1.3M | 20x | as long as short |
| Vest AAPL-USD-PERP | −0.033% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| SoDEX AAPL-USD | −0.024% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Nado AAPL-PERP | −0.022% | +0.0071% | 1h | $556K | $28K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.019% | −0.0761% | 4h | $80K | $323K | 20x | as long as short |
| tradeXYZ xyz:AAPL | −0.012% | +0.0050% | 1h | $76.9M | $25.3M | 20x | as long as short |
| Gate AAPL_USDT | −0.012% | 0.0000% | 8h | $3.0M | $2.8M | 100x | as long as short |
| Lighter AAPL | −0.009% | +0.0032% | 1h | $446K | $1.7M | 20x | as long as short |
| HTX AAPL-USDT | −0.009% | 0.0000% | 8h | $53K | $214K | 30x | as long as short |
| Variational Omni AAPL | −0.007% | 0.0000% | 8h | $1.9M | $858K | — | as long as short |
| BloFin AAPL-USDT | −0.003% | +0.0004% | 8h | $370K | $113K | 20x | as long as short |
| Arcus AAPL-USD | 0.000% | +0.0040% | 1h | $284K | $63K | 20x | as long as short |
| Phemex AAPLUSDTlong | 0.000% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| Lighter RH AAPL | +0.003% | +0.0032% | 1h | $859K | $3.4M | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.012% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| OKX AAPL-USDT-SWAP | +0.015% | 0.0000% | 8h | $6.6M | $5.9M | 25x | as long as short |
| Aevo AAPL-PERP | +0.020% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| Bybit AAPLUSDT | +0.024% | 0.0000% | 8h | $5.2M | $18.9M | 100x | as long as short |
| Extended AAPL_24_5-USD | +0.027% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| QFEX AAPL-USD | +0.030% | +0.0011% | 1h | $3.2M | $2.9M | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.036% | +0.0106% | 1h | $28K | $54K | 10x | as long as short |
| Aster AAPLUSDT | +0.039% | 0.0000% | 8h | $130K | $245K | 20x | as long as short |
| SunX AAPL-USDT | +0.044% | 0.0000% | 8h | $520 | $4.3M | 20x | as long as short |
| Binance AAPLUSDT | +0.047% | 0.0000% | 8h | $22.3M | $44.5M | 25x | as long as short |
| Bitget AAPLUSDT | +0.047% | 0.0000% | 8h | $6.3M | $2.4M | 100x | as long as short |
| Injective AAPL/USDC PERP | +0.047% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |