Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$17funding while held, a day−$5.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAPL | 339.06 | 0.0118 | pay 0.0015% / 1h | 35m 55s | $5K | $9K | 20x |
| Short | KuCoin AAPLUSDTM | 338.50 | −0.0061 | pay 0.0061% / 8h | 7h 35m | $1.4M | $18K | 20x |
Phoenix AAPL
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
- −$16.52
- Funding while held
- −$5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.9
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; KuCoin: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0179%
- Per $10,000 a day
- −$5.38
- 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 KuCoin live order book, 6 min ago | 4.58 bp | 63.2 bp −$63 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate338.35cheapest
GateKuCoin338.50+0.044%
Bybit338.51+0.047%Extended338.51+0.048%OKX338.53+0.053%Bitget338.53+0.053%Binance338.55+0.059%tradeXYZ338.56+0.062%Aster338.58+0.069%Ondo Perps338.63+0.083%Polymarket Perps338.63+0.083%Lighter338.63+0.083%SoDEX338.65+0.089%Lighter RH338.66+0.092%Orderly338.67+0.095%Vest338.68+0.098%Injective338.68+0.098%SunX338.69+0.100%Deribit338.69+0.100%Aevo338.70+0.103%Arcus338.72+0.109%HTX338.73+0.112%Nado338.74+0.116%QFEX338.79+0.130%Hotstuff338.81+0.136%ApeX Omni338.87+0.154%BloFin338.92+0.168%edgeX338.93+0.170%Coinbase International338.94+0.174%Variational Omni338.98+0.185%Phemex339.02+0.198%
Bybit
Extended
OKX
Bitget
Binance
tradeXYZ
Aster
Ondo Perps
Polymarket Perps
Lighter
SoDEX
Lighter RH
Orderly
Vest
Injective
SunX
Deribit
Aevo
Arcus
HTX
Nado
QFEX
Hotstuff
ApeX Omni
BloFin
Coinbase International
Variational Omni
PhemexPhoenix339.06+0.210%
AAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AAPL_USDT | −0.209% | 0.0000% | 8h | $3.0M | $3.2M | 100x | as long as short |
| KuCoin AAPLUSDTMshort | −0.165% | −0.0061% | 8h | $1.4M | $18K | 20x | |
| Bybit AAPLUSDT | −0.162% | 0.0000% | 8h | $5.7M | $20.1M | 100x | as long as short |
| Extended AAPL_24_5-USD | −0.162% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| OKX AAPL-USDT-SWAP | −0.156% | 0.0000% | 8h | $6.7M | $6.3M | 25x | as long as short |
| Bitget AAPLUSDT | −0.156% | 0.0000% | 8h | $6.3M | $2.7M | 100x | as long as short |
| Binance AAPLUSDT | −0.151% | 0.0000% | 8h | $22.2M | $52.7M | 25x | as long as short |
| tradeXYZ xyz:AAPL | −0.147% | +0.0050% | 1h | $56.9M | $50.4M | 20x | as long as short |
| Aster AAPLUSDT | −0.141% | 0.0000% | 8h | $117K | $282K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.127% | +0.0050% | 1h | $1.3M | $1.6M | 20x | as long as short |