Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Arcus+0.035%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now +0.035%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.020% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 339.66 | 0.0040 | pay 0.0005% / 1h | 9m 15s | $267K | $48K | 20x |
| Short | ApeX Omni AAPLUSDT | 339.78 | 0.0100 | get 0.0013% / 1h | 9m 15s | $949K | $11.0M | 50x |
Arcus AAPL-USD
ApeX Omni AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Arcus. 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
- $12.54
- Price spread: +0.035% → +0.015%
- $2
- Slippage, 4 orders
- −$13.05
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$13
- Costs to cover
- 0.275%
- Break-even
- 14.3 days
Slippage from Arcus: live order book, 32 min ago; ApeX Omni: live order book, 3 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 Arcus live order book, 32 min ago | 2.65 bp | 6.8 bp −$7 | 10.0 bp −$100 | 20.9 bp −$2,093 | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 2.36 bp | 7.8 bp −$8 | 9.1 bp −$91 | doesn't fit | doesn't fit |
AAPL on 33 exchanges
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 | −0.0910% | 4h | 339.69 | +0.008% | $81K | $321K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0088% | 1h | 339.67 | +0.003% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | −0.0028% | 1h | 339.78 | +0.035% | $556K | $27K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0004% | 8h | 339.85 | +0.056% | $306K | $166K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.77 | +0.032% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.76 | +0.030% | $287K | $2.2M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.88 | +0.065% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.84 | +0.053% | $5.8M | $288.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.93 | +0.079% | $6.4M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | −0.003% | $3.0M | $7.6M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.80 | +0.041% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.89 | +0.069% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.84 | +0.053% | $17K | $370K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.86 | +0.059% | $578 | $4.0M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.76 | +0.029% | $28K | $64K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.98 | +0.094% | $62K | $239K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.88 | +0.065% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.75 | +0.026% | $3.3M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.81 | +0.044% | $925K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.82 | +0.047% | $997K | $3.1M | 20x | as long as short |
| Arcus AAPL-USDlong | +0.0040% | 1h | 339.66 | long leg | $267K | $48K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.70 | +0.012% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.74 | +0.024% | $40.5M | $76.7M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | +0.018% | $269K | $356K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.75 | +0.026% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.62 | −0.012% | $1.3M | $2.9M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.43 | −0.068% | $1.4M | $243K | 20x | as long as short |
| ApeX Omni AAPLUSDTshort | +0.0100% | 1h | 339.78 | +0.035% | $949K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.74 | +0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.73 | +0.021% | $11K | $102 | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0128% | 1h | 339.37 | −0.085% | $659K | $637K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.19 | +0.156% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.78 | +0.035% | $5K | $12K | 20x | as long as short |
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL