After costs, if the gap returns to its 7d average, $10k−$84
spread now−0.059%7d average−0.049%fees + slippage, in and out−$83spread needed0.826%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 339.02 | 0 | get 0.0000% / 4h | 3h 36m | $2.1M | $7K | 10x |
| Short | Lighter RH AAPL | 338.82 | 0.0032 | get 0.0004% / 1h | 36m 42s | $846K | $3.6M | 20x |
Phemex AAPLUSDT
Lighter RH 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
- −$5.9
- Funding while held
- $0.96
- Slippage, 4 orders
- −$70.64
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$87.58
- Spread needed to break even
- 0.826%
Slippage from Phemex: live order book, 3 min ago; Lighter RH: live order book, 3 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 Phemex live order book, 3 min ago | 1.48 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.33 bp | 1.8 bp −$2 | 4.2 bp −$42 | 45.9 bp −$4,592 | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps338.63cheapestPolymarket Perps338.68+0.015%Injective338.68+0.015%Gate338.69+0.018%Arcus338.72+0.027%Vest338.74+0.032%Bybit338.75+0.035%OKX338.79+0.047%KuCoin338.79+0.047%tradeXYZ338.80+0.050%Hotstuff338.81+0.053%
Ondo Perps
Polymarket Perps
Injective
Gate
Arcus
Vest
Bybit
OKX
KuCoin
tradeXYZ
HotstuffLighter RH338.82+0.056%
Bitget338.82+0.056%Lighter338.83+0.059%Nado338.83+0.059%Binance338.84+0.061%QFEX338.84+0.062%Aevo338.86+0.067%Orderly338.86+0.068%SoDEX338.86+0.068%ApeX Omni338.87+0.071%Aster338.90+0.078%Extended338.92+0.085%BloFin338.92+0.086%edgeX338.93+0.087%Deribit338.93+0.089%Coinbase International338.94+0.092%SunX338.95+0.094%HTX338.97+0.100%Variational Omni338.98+0.102%
Bitget
Lighter
Nado
Binance
QFEX
Aevo
Orderly
SoDEX
ApeX Omni
Aster
Extended
BloFin
Deribit
Coinbase International
SunX
HTX
Variational OmniPhemex339.02+0.115%
Phoenix339.06+0.127%
PhoenixAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps AAPL-USD.P | −0.115% | +0.0050% | 1h | $1.3M | $1.6M | 20x | as long as short |
| Polymarket Perps AAPL-USD | −0.100% | +0.0050% | 1h | $267K | $332K | 10x | as long as short |
| Injective AAPL/USDC PERP | −0.100% | +0.0220% | 1h | $191K | $148K | 30x | as long as short |
| Gate AAPL_USDT | −0.097% | 0.0000% | 8h | $3.0M | $3.2M | 100x | as long as short |
| Arcus AAPL-USD | −0.088% | +0.0040% | 1h | $279K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | −0.083% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Bybit AAPLUSDT | −0.080% | 0.0000% | 8h | $5.7M | $20.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | −0.068% | 0.0000% | 8h | $6.7M | $6.3M | 25x | as long as short |
| KuCoin AAPLUSDTM | −0.068% | −0.0061% | 8h | $1.4M | $18K | 20x | as long as short |
| tradeXYZ xyz:AAPL | −0.065% | +0.0050% | 1h | $57.1M | $50.2M | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff AAPL-PERP | −0.062% | +0.0128% | 1h | $36K | — | 20x | as long as short |
| Lighter RH AAPLshort | −0.059% | +0.0032% | 1h | $846K | $3.6M | 20x | |
| Bitget AAPLUSDT | −0.059% | 0.0000% | 8h | $6.3M | $2.7M | 100x | as long as short |
| Lighter AAPL | −0.056% | +0.0032% | 1h | $566K | $2.0M | 20x | as long as short |
| Nado AAPL-PERP | −0.056% | +0.0016% | 1h | $558K | $31K | 20x | as long as short |
| Binance AAPLUSDT | −0.054% | 0.0000% | 8h | $22.2M | $52.6M | 25x | as long as short |
| QFEX AAPL-USD | −0.053% | +0.0022% | 1h | $3.2M | $3.3M | 10x | as long as short |
| Aevo AAPL-PERP | −0.049% | +0.0104% | 1h | $11K | — | 10x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.047% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| SoDEX AAPL-USD | −0.047% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| ApeX Omni AAPLUSDT | −0.044% | +0.0100% | 1h | $947K | $10.8M | 50x | as long as short |
| Aster AAPLUSDT | −0.037% | 0.0000% | 8h | $117K | $282K | 20x | as long as short |
| Extended AAPL_24_5-USD | −0.030% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| BloFin AAPL-USDT | −0.029% | −0.0027% | 8h | $363K | $130K | 20x | as long as short |
| edgeX AAPLUSDC | −0.028% | −0.0659% | 4h | $80K | $324K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.027% | 0.0000% | 1h | $28K | $58K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.024% | +0.0032% | 1h | $673K | $498K | 10x | as long as short |
| SunX AAPL-USDT | −0.021% | 0.0000% | 8h | $820 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | −0.015% | 0.0000% | 8h | $53K | $219K | 30x | as long as short |
| Variational Omni AAPL | −0.013% | 0.0000% | 8h | $1.9M | $925K | — | as long as short |
| Phemex AAPLUSDTlong | 0.000% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| Phoenix AAPL | +0.012% | +0.0118% | 1h | $5K | $9K | 20x | as long as short |