Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.022%
Price spread now: tradeXYZ against ApeX Omni−0.006%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now −0.006%, 7d avg −0.057%
=Together, before fees−0.229%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.051% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.057%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.224% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AAPLUSDT | 339.78 | 0.0100 | pay 0.0013% / 1h | 25m 15s | $949K | $11.0M | 50x |
| Short | tradeXYZ xyz:AAPL | 339.76 | 0.0050 | get 0.0006% / 1h | 25m 15s | $40.5M | $76.5M | 20x |
ApeX Omni AAPLUSDT
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against ApeX Omni. 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
- −$10.5
- Price spread: −0.006% → −0.057%
- $5.12
- Slippage, 4 orders
- −$10.4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$43.77
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; tradeXYZ: live order book, 4 min ago.
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 ApeX Omni live order book, 4 min ago | 3.68 bp | 8.7 bp −$9 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.44 bp | 9.9 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
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 | −0.0812% | 4h | 339.76 | −0.005% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0162% | 1h | 339.67 | −0.032% | $28K | $68K | 10x | as long as short |
| Nado AAPL-PERP | −0.0111% | 1h | 339.87 | +0.025% | $556K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0018% | 8h | 339.84 | +0.018% | $340K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.81 | +0.008% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.75 | −0.009% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.83 | +0.015% | $22.0M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.87 | +0.026% | $5.8M | $89.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.87 | +0.026% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.62 | −0.047% | $3.0M | $4.7M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.84 | +0.018% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.83 | +0.016% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.63 | −0.044% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.83 | +0.015% | $435 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.93 | +0.044% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.80 | +0.006% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.75 | −0.009% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.77 | −0.003% | $850K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.76 | −0.006% | $939K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.57 | −0.062% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.74 | −0.012% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.56 | −0.065% | $663K | $661K | 10x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0050% | 1h | 339.76 | −0.006% | $40.5M | $76.5M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.68 | −0.029% | $278K | $409K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.77 | −0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.55 | −0.068% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.70 | −0.024% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.46 | −0.094% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDTlong | +0.0100% | 1h | 339.78 | long leg | $949K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.70 | −0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.76 | −0.006% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.89 | +0.032% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.68 | −0.029% | $191K | $44K | 30x | as long as short |
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP