Spread before costs (cost unknown: a leg has no order-book sample)−0.047%
7d average—if it closes, per $10,000$5funding while held, a day−$4.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAPL | 338.87 | 0.0165 | pay 0.0021% / 1h | 48m 27s | $2K | $11K | 20x |
| Short | BloFin AAPL-USDT | 338.71 | 0.0001 | get 0.0001% / 8h | 6h 48m | $363K | $135K | 20x |
Phoenix AAPL
BloFin AAPL-USDTPrice 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
- −$4.72
- Funding while held
- −$4.93
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.65
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0164%
- Per $10,000 a day
- −$4.93
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 54 min ago | 0.15 bp | 6.4 bp −$6 | 7.8 bp −$78 | 16.8 bp −$1,684 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate338.47cheapestKuCoin338.52+0.015%Polymarket Perps338.52+0.015%Injective338.53+0.018%Ondo Perps338.57+0.030%Orderly338.59+0.035%OKX338.60+0.038%Vest338.60+0.038%Lighter RH338.61+0.041%Arcus338.61+0.041%ApeX Omni338.61+0.041%Lighter338.61+0.042%Aevo338.62+0.044%tradeXYZ338.64+0.050%Bitget338.64+0.050%Nado338.64+0.051%Extended338.66+0.055%Binance338.66+0.056%Bybit338.66+0.056%SunX338.66+0.056%Variational Omni338.67+0.058%QFEX338.67+0.059%SoDEX338.67+0.059%Hotstuff338.68+0.062%Aster338.69+0.064%
Gate
KuCoin
Polymarket Perps
Injective
Ondo Perps
Orderly
OKX
Vest
Lighter RH
Arcus
ApeX Omni
Lighter
Aevo
tradeXYZ
Bitget
Nado
Extended
Binance
Bybit
SunX
Variational Omni
QFEX
SoDEX
Hotstuff
AsterBloFin338.71+0.071%
Deribit338.72+0.074%Coinbase International338.72+0.074%HTX338.76+0.086%Phemex338.83+0.106%edgeX338.83+0.106%
Deribit
Coinbase International
HTX
PhemexPhoenix338.87+0.118%
AAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AAPL_USDT | −0.118% | 0.0000% | 8h | $3.0M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | −0.103% | −0.0072% | 8h | $1.4M | $20K | 20x | as long as short |
| Polymarket Perps AAPL-USD | −0.103% | +0.0050% | 1h | $266K | $281K | 10x | as long as short |
| Injective AAPL/USDC PERP | −0.100% | +0.0220% | 1h | $191K | $127K | 30x | as long as short |
| Ondo Perps AAPL-USD.P | −0.089% | +0.0050% | 1h | $1.2M | $1.8M | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.083% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| OKX AAPL-USDT-SWAP | −0.080% | 0.0000% | 8h | $6.6M | $6.4M | 25x | as long as short |
| Vest AAPL-USD-PERP | −0.080% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Lighter RH AAPL | −0.077% | +0.0032% | 1h | $900K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | −0.077% | +0.0040% | 1h | $272K | $76K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AAPLUSDT | −0.077% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| Lighter AAPL | −0.076% | +0.0032% | 1h | $583K | $2.0M | 20x | as long as short |
| Aevo AAPL-PERP | −0.074% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| tradeXYZ xyz:AAPL | −0.068% | +0.0050% | 1h | $54.0M | $52.8M | 20x | as long as short |
| Bitget AAPLUSDT | −0.068% | 0.0000% | 8h | $6.3M | $2.8M | 100x | as long as short |
| Nado AAPL-PERP | −0.067% | −0.0021% | 1h | $557K | $31K | 20x | as long as short |
| Extended AAPL_24_5-USD | −0.063% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | −0.062% | 0.0000% | 8h | $22.3M | $56.0M | 25x | as long as short |
| Bybit AAPLUSDT | −0.062% | 0.0000% | 8h | $5.9M | $20.8M | 100x | as long as short |
| SunX AAPL-USDT | −0.062% | 0.0000% | 8h | $630 | $4.7M | 20x | as long as short |
| Variational Omni AAPL | −0.060% | 0.0000% | 8h | $2.0M | $967K | — | as long as short |
| QFEX AAPL-USD | −0.059% | +0.0005% | 1h | $3.3M | $3.7M | 10x | as long as short |
| SoDEX AAPL-USD | −0.059% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Hotstuff AAPL-PERP | −0.056% | +0.0040% | 1h | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | −0.054% | 0.0000% | 8h | $128K | $283K | 20x | as long as short |
| BloFin AAPL-USDTshort | −0.047% | +0.0001% | 8h | $363K | $135K | 20x | |
| Deribit AAPL_USDC-PERPETUAL | −0.044% | 0.0000% | 1h | $28K | $61K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.044% | +0.0024% | 1h | $671K | $503K | 10x | as long as short |
| HTX AAPL-USDT | −0.032% | 0.0000% | 8h | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | −0.012% | 0.0000% | 4h | $2.1M | $7K | 10x | as long as short |
| edgeX AAPLUSDC | −0.012% | −0.0916% | 4h | $80K | $325K | 20x | as long as short |
| Phoenix AAPLlong | 0.000% | +0.0165% | 1h | $2K | $11K | 20x |