Funding you earn now, next payment 23:00 UTC−0.0230%/8h= −25.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.010%
Price spread now: ApeX Omni against Phoenix−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.118% cheaper against Phoenix than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAPL | 339.15 | 0.0330 | pay 0.0041% / 1h | 38m 14s | $2K | $8K | 20x |
| Short | ApeX Omni AAPLUSDT | 338.75 | 0.0100 | get 0.0013% / 1h | 38m 14s | $946K | $10.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$48.35
- Price spread: −0.118% → 0.000%
- −$11.79
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$77.15
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 1 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 1 min ago | 1.92 bp | 7.3 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0094% | 4h | 339.07 | −0.023% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | −0.047% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.14 | −0.003% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.08 | −0.021% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | −0.080% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.13 | −0.006% | $532 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.26 | +0.032% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.16 | +0.003% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0012% | 8h | 339.12 | −0.008% | $14K | $498K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.04 | −0.032% | $964K | $3.8M | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | +0.0042% | 8h | 339.13 | −0.006% | $6.2M | $3.4M | 100x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.74 | −0.121% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.94 | −0.062% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.97 | −0.053% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.83 | −0.094% | $1.4M | $2.4M | 20x | as long as short |
| Variational Omni AAPL | +0.0057% | 8h | 339.14 | −0.001% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.03 | −0.035% | $3.2M | $5.1M | 10x | as long as short |
| Binance AAPLUSDT | +0.0088% | 8h | 339.14 | −0.003% | $22.4M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0088% | 1h | 339.08 | −0.020% | $285K | $1.5M | 10x | as long as short |
| Lighter AAPL | +0.0088% | 1h | 339.01 | −0.042% | $773K | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.85 | −0.088% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDTshort | +0.0100% | 1h | 338.75 | −0.118% | $946K | $10.9M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.99 | −0.047% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.09 | −0.018% | $11K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0110% | 8h | 339.07 | −0.024% | $350K | $167K | 20x | as long as short |
| Nado AAPL-PERP | +0.0122% | 1h | 338.83 | −0.094% | $556K | $33K | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.98 | −0.050% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | −0.035% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0201% | 1h | 338.98 | −0.050% | $40.9M | $76.2M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.118% | $191K | $44K | 30x | as long as short |
| Phoenix AAPLlong | +0.0330% | 1h | 339.15 | long leg | $2K | $8K | 20x | |
| Deribit AAPL_USDC-PERPETUAL | +0.0340% | 1h | 339.02 | −0.038% | $28K | $66K | 10x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 338.98 | −0.050% | $270K | $70K | 20x | as long as short |
Phoenix AAPL
ApeX Omni AAPLUSDT
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Lighter RH AAPL
Bitget AAPLUSDT
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Variational Omni AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
Lighter AAPL
KuCoin AAPLUSDTM
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUAL