Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$3.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni AAPL | 338.02 | 0 | get 0.0000% / 8h | 7h 56m | $1.9M | $883K | — |
| Short | Phoenix AAPL | 337.83 | 0.0118 | get 0.0015% / 1h | 56m 37s | $5K | $9K | 20x |
Variational Omni AAPL
Phoenix AAPLPrice 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
- −$5.77
- Funding while held
- $3.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$9.22
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0118%
- Per $10,000 a day
- +$3.55
- 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 Variational Omni RFQ quote, 4 min ago | 2.04 bp | doesn't fit | 3.6 bp −$36 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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.Polymarket Perps337.64cheapestApeX Omni337.66+0.006%Vest337.69+0.015%Injective337.76+0.036%Nado337.77+0.038%Orderly337.80+0.047%KuCoin337.81+0.050%
Polymarket Perps
ApeX Omni
Vest
Injective
Nado
Orderly
KuCoinPhoenix337.83+0.056%
Aevo337.85+0.063%HTX337.88+0.071%SoDEX337.90+0.077%Phemex337.91+0.080%Deribit337.92+0.083%Coinbase International337.92+0.083%BloFin337.92+0.083%Hotstuff337.94+0.089%Gate337.94+0.089%SunX337.94+0.089%Ondo Perps337.98+0.101%edgeX337.99+0.104%
Aevo
HTX
SoDEX
Phemex
Deribit
Coinbase International
BloFin
Hotstuff
Gate
SunX
Ondo PerpsVariational Omni338.02+0.114%
Arcus338.03+0.116%Lighter338.10+0.135%Aster338.11+0.140%Bybit338.12+0.142%OKX338.13+0.145%Lighter RH338.14+0.148%Bitget338.14+0.148%Extended338.15+0.150%QFEX338.15+0.151%Binance338.15+0.152%tradeXYZ338.19+0.163%
Arcus
Lighter
Aster
Bybit
OKX
Lighter RH
Bitget
Extended
QFEX
Binance
tradeXYZAAPL on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps AAPL-USD | −0.114% | +0.0050% | 1h | $252K | $292K | 10x | as long as short |
| ApeX Omni AAPLUSDT | −0.108% | +0.0100% | 1h | $943K | $10.8M | 50x | as long as short |
| Vest AAPL-USD-PERP | −0.099% | +0.0046% | 1h | — | $9K | 25x | as long as short |
| Injective AAPL/USDC PERP | −0.078% | +0.0220% | 1h | $190K | $148K | 30x | as long as short |
| Nado AAPL-PERP | −0.076% | +0.0048% | 1h | $557K | $28K | 20x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | −0.067% | +0.0100% | 8h | $4K | — | 10x | as long as short |
| KuCoin AAPLUSDTM | −0.064% | −0.0062% | 8h | $1.4M | $18K | 20x | as long as short |
| Phoenix AAPLshort | −0.058% | +0.0118% | 1h | $5K | $9K | 20x | |
| Aevo AAPL-PERP | −0.051% | +0.0104% | 1h | $10K | — | 10x | as long as short |
| HTX AAPL-USDT | −0.043% | 0.0000% | 8h | $53K | $211K | 30x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX AAPL-USD | −0.037% | +0.0050% | 1h | $75K | $3K | 10x | as long as short |
| Phemex AAPLUSDT | −0.034% | 0.0000% | 4h | $2.1M | $7K | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.031% | +0.0076% | 1h | $28K | $56K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | −0.031% | +0.0032% | 1h | $682K | $472K | 10x | as long as short |
| BloFin AAPL-USDT | −0.031% | −0.0026% | 8h | $362K | $121K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.025% | +0.0216% | 1h | $36K | — | 20x | as long as short |
| Gate AAPL_USDT | −0.025% | 0.0000% | 8h | $3.0M | $3.0M | 100x | as long as short |
| SunX AAPL-USDT | −0.025% | 0.0000% | 8h | $520 | $4.7M | 20x | as long as short |
| Ondo Perps AAPL-USD.P | −0.013% | +0.0050% | 1h | $1.3M | $1.4M | 20x | as long as short |
| edgeX AAPLUSDC | −0.010% | −0.0323% | 4h | $80K | $326K | 20x | as long as short |
| Variational Omni AAPLlong | 0.000% | 0.0000% | 8h | $1.9M | $883K | — | |
| Arcus AAPL-USD | +0.001% | +0.0040% | 1h | $279K | $69K | 20x | as long as short |
| Lighter AAPL | +0.021% | +0.0032% | 1h | $546K | $1.8M | 20x | as long as short |
| Aster AAPLUSDT | +0.026% | 0.0000% | 8h | $131K | $250K | 20x | as long as short |
| Bybit AAPLUSDT | +0.028% | 0.0000% | 8h | $5.7M | $19.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | +0.031% | 0.0000% | 8h | $6.7M | $6.1M | 25x | as long as short |
| Lighter RH AAPL | +0.034% | +0.0032% | 1h | $825K | $3.4M | 20x | as long as short |
| Bitget AAPLUSDT | +0.034% | 0.0000% | 8h | $6.3M | $2.4M | 100x | as long as short |
| Extended AAPL_24_5-USD | +0.036% | 0.0000% | 1h | $275K | $1.5M | 10x | as long as short |
| QFEX AAPL-USD | +0.037% | +0.0022% | 1h | $3.2M | $3.2M | 10x | as long as short |
| Binance AAPLUSDT | +0.038% | 0.0000% | 8h | $22.0M | $49.2M | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.049% | +0.0226% | 1h | $63.3M | $44.7M | 20x | as long as short |