After costs, if the gap returns to its 7d average, $10k−$96
spread now+0.083%7d average+0.104%fees + slippage, in and out−$93spread needed0.934%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AAPL-USD | 338.74 | 0.0050 | pay 0.0006% / 1h | 38m 37s | $267K | $332K | 10x |
| Short | Phemex AAPLUSDT | 339.02 | 0 | get 0.0000% / 4h | 3h 38m | $2.1M | $7K | 10x |
Price 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
- $8.27
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$73.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$86.6
- Spread needed to break even
- 0.934%
Slippage from Polymarket Perps: live order book, 5 min ago; Phemex: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 Polymarket Perps live order book, 5 min ago | 2.36 bp | 6.5 bp −$7 | 7.3 bp −$73 | 9.8 bp −$983 | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.48 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
AAPL price on every exchange
against the cheapest. Click to use as the short leg.AAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAPL/USDC PERP | −0.127% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| ApeX Omni AAPLUSDT | −0.056% | +0.0100% | 1h | $946K | $10.8M | 50x | as long as short |
| Ondo Perps AAPL-USD.P | −0.024% | +0.0050% | 1h | $1.3M | $1.5M | 20x | as long as short |
| Gate AAPL_USDT | −0.021% | 0.0000% | 8h | $3.0M | $3.2M | 100x | as long as short |
| Arcus AAPL-USD | −0.003% | +0.0040% | 1h | $279K | $69K | 20x | as long as short |
| Polymarket Perps AAPL-USDlong | 0.000% | +0.0050% | 1h | $267K | $332K | 10x | |
| QFEX AAPL-USD | +0.006% | +0.0022% | 1h | $3.2M | $3.3M | 10x | as long as short |
| Vest AAPL-USD-PERP | +0.009% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Bybit AAPLUSDT | +0.012% | 0.0000% | 8h | $5.7M | $20.0M | 100x | as long as short |
| Nado AAPL-PERP | +0.017% | +0.0019% | 1h | $558K | $31K | 20x | as long as short |
Polymarket Perps AAPL-USD
Phemex AAPLUSDT
Injective
ApeX Omni
Gate
Bybit
KuCoin
Extended
Bitget
tradeXYZ
OKX
Binance
SoDEX
Lighter
Lighter RH
SunX
BloFin
Deribit
Aster
Coinbase International
Variational Omni
HTX
Phoenix