After costs, if the gap returns to its 7d average, $10k−$110
spread now−0.024%7d average−0.032%fees + slippage, in and out−$111spread needed1.109%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAPLUSDT | 337.54 | 0 | get 0.0000% / 4h | 1h 25m | $2.1M | $7K | 10x |
| Short | QFEX AAPL-USD | 337.46 | 0.0016 | get 0.0002% / 1h | 25m 35s | $3.2M | $2.5M | 10x |
Phemex AAPLUSDT
QFEX 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
- −$2.37
- Funding while held
- $0.49
- Slippage, 4 orders
- −$88.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$112.8
- Spread needed to break even
- 1.109%
Slippage from Phemex: live order book, 4 min ago; QFEX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0016%
- Per $10,000 a day
- +$0.49
- 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, 4 min ago | 4.60 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.48 bp | 6.5 bp −$6 | 6.5 bp −$65 | 9.1 bp −$908 | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.Phoenix336.95cheapestKuCoin337.12+0.050%Coinbase International337.13+0.053%Polymarket Perps337.17+0.065%Hotstuff337.20+0.074%tradeXYZ337.25+0.089%Ondo Perps337.26+0.092%Lighter337.29+0.101%Vest337.31+0.107%SoDEX337.31+0.107%edgeX337.35+0.118%Lighter RH337.35+0.119%Gate337.37+0.125%Arcus337.40+0.134%Aevo337.40+0.135%Extended337.41+0.138%Orderly337.44+0.145%Aster337.44+0.146%ApeX Omni337.45+0.148%Deribit337.45+0.148%
Phoenix
KuCoin
Coinbase International
Polymarket Perps
Hotstuff
tradeXYZ
Ondo Perps
Lighter
Vest
SoDEX
Lighter RH
Gate
Arcus
Aevo
Extended
Orderly
Aster
ApeX Omni
DeribitQFEX337.46+0.151%
Binance337.48+0.157%Nado337.48+0.158%OKX337.49+0.160%Bybit337.50+0.163%BloFin337.52+0.169%
Binance
Nado
OKX
Bybit
BloFinPhemex337.54+0.175%
SunX337.55+0.178%HTX337.56+0.181%Bitget337.57+0.184%Variational Omni337.57+0.185%Injective337.64+0.205%
SunX
HTX
Bitget
Variational Omni
InjectiveAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix AAPL | −0.175% | +0.0048% | 1h | $5K | $10K | 20x | as long as short |
| KuCoin AAPLUSDTM | −0.124% | −0.0081% | 8h | $1.4M | $10K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.121% | +0.0040% | 1h | $673K | $392K | 10x | as long as short |
| Polymarket Perps AAPL-USD | −0.110% | +0.0050% | 1h | $239K | $193K | 10x | as long as short |
| Hotstuff AAPL-PERP | −0.101% | +0.0112% | 1h | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | −0.086% | +0.0019% | 1h | $86.0M | $7.5M | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.083% | +0.0050% | 1h | $1.3M | $1.2M | 20x | as long as short |
| Lighter AAPL | −0.074% | +0.0032% | 1h | $435K | $1.5M | 20x | as long as short |
| Vest AAPL-USD-PERP | −0.068% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| SoDEX AAPL-USD | −0.068% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.057% | −0.0762% | 4h | $80K | $325K | 20x | as long as short |
| Lighter RH AAPL | −0.056% | +0.0032% | 1h | $909K | $3.2M | 20x | as long as short |
| Gate AAPL_USDT | −0.050% | 0.0000% | 8h | $3.1M | $2.4M | 100x | as long as short |
| Arcus AAPL-USD | −0.041% | +0.0040% | 1h | $282K | $55K | 20x | as long as short |
| Aevo AAPL-PERP | −0.040% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | −0.037% | 0.0000% | 1h | $273K | $1.5M | 10x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.030% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| Aster AAPLUSDT | −0.029% | 0.0000% | 8h | $133K | $146K | 20x | as long as short |
| ApeX Omni AAPLUSDT | −0.027% | +0.0100% | 1h | $943K | $10.8M | 50x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.027% | 0.0000% | 1h | $28K | $49K | 10x | as long as short |
| QFEX AAPL-USDshort | −0.024% | +0.0016% | 1h | $3.2M | $2.5M | 10x | |
| Binance AAPLUSDT | −0.018% | 0.0000% | 8h | $23.5M | $36.3M | 25x | as long as short |
| Nado AAPL-PERP | −0.017% | +0.0022% | 1h | $561K | $31K | 20x | as long as short |
| OKX AAPL-USDT-SWAP | −0.015% | 0.0000% | 8h | $6.7M | $5.4M | 25x | as long as short |
| Bybit AAPLUSDT | −0.012% | 0.0000% | 8h | $5.3M | $19.5M | 100x | as long as short |
| BloFin AAPL-USDT | −0.006% | +0.0120% | 8h | $370K | $90K | 20x | as long as short |
| Phemex AAPLUSDTlong | 0.000% | 0.0000% | 4h | $2.1M | $7K | 10x | |
| SunX AAPL-USDT | +0.003% | 0.0000% | 8h | $442 | $3.4M | 20x | as long as short |
| HTX AAPL-USDT | +0.006% | 0.0000% | 8h | $53K | $215K | 30x | as long as short |
| Bitget AAPLUSDT | +0.009% | 0.0000% | 8h | $6.4M | $2.1M | 100x | as long as short |
| Variational Omni AAPL | +0.010% | 0.0000% | 8h | $1.9M | $889K | — | as long as short |
| Injective AAPL/USDC PERP | +0.030% | +0.0220% | 1h | $190K | $170K | 30x | as long as short |