Funding you earn now, next payment 01:00 UTC−0.0269%/8h= −29.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Arcus−0.005%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.005%, 7d avg +0.026%
=Together, before fees+0.024%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.031% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.071% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 338.92 | 0.0397 | pay 0.0050% / 1h | 59m 34s | $269K | $70K | 20x |
| Short | Extended AAPL_24_5-USD | 338.90 | 0.0128 | get 0.0016% / 1h | 59m 34s | $285K | $1.5M | 10x |
Arcus AAPL-USD
Extended AAPL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$56.41
- Price spread: −0.005% → +0.026%
- −$3.11
- Slippage, 4 orders
- −$12.18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$81.2
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 14 min ago; Extended: 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 Arcus live order book, 14 min ago | 2.80 bp | 8.0 bp −$8 | 11.3 bp −$113 | 21.5 bp −$2,155 | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.15 bp | 3.8 bp −$4 | 18.3 bp −$183 | 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 | −0.0725% | 4h | 338.96 | +0.012% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0026% | 1h | 339.00 | +0.022% | $557K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.021% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.09 | +0.050% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.02 | +0.030% | $6.5M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.80 | −0.035% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.08 | +0.047% | $566 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.21 | +0.086% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.11 | +0.056% | $2.1M | $6K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0023% | 8h | 339.04 | +0.035% | $13K | $490K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 338.89 | −0.009% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.69 | −0.068% | — | $53K | 25x | as long as short |
| Lighter AAPL | +0.0048% | 1h | 338.85 | −0.020% | $771K | $2.3M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.87 | −0.015% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.98 | +0.018% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.60 | −0.094% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.00 | +0.024% | $3.2M | $5.1M | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0068% | 1h | 338.94 | +0.006% | $40.8M | $76.2M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 338.98 | +0.018% | $36K | — | 20x | as long as short |
| Bitget AAPLUSDT | +0.0090% | 8h | 338.92 | 0.000% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.83 | −0.027% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | −0.035% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.93 | +0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | +0.030% | $11K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0106% | 8h | 339.00 | +0.025% | $2.4M | $1.4M | — | as long as short |
| Binance AAPLUSDT | +0.0128% | 8h | 339.02 | +0.030% | $22.4M | $67.2M | 25x | as long as short |
| Extended AAPL_24_5-USDshort | +0.0128% | 1h | 338.90 | −0.005% | $285K | $1.5M | 10x | |
| BloFin AAPL-USDT | +0.0129% | 8h | 339.06 | +0.041% | $347K | $170K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.032% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.80 | −0.035% | $191K | $44K | 30x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0311% | 1h | 339.05 | +0.038% | $28K | $66K | 10x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.13 | +0.062% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USDlong | +0.0397% | 1h | 338.92 | long leg | $269K | $70K | 20x |
Lighter RH AAPL
Vest AAPL-USD-PERP
Lighter AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
tradeXYZ xyz:AAPL
Hotstuff AAPL-PERP
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Variational Omni AAPL
Binance AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL