Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.035%
Price spread now: Injective against Arcus+0.147%7-day average +0.111% · 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−$30as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 4 days (all we have)+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)−0.305%−$30 · spread now +0.147%, 7d avg +0.111%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.036% dearer against Arcus than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 339.87 | 0.0040 | pay 0.0005% / 1h | 14m 10s | $267K | $60K | 20x |
| Short | Injective AAPL/USDC PERP | 340.37 | 0.0220 | get 0.0028% / 1h | 14m 10s | $192K | $44K | 30x |
Arcus AAPL-USD
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $37.74
- Price spread: +0.147% → +0.111%
- $3.6
- Slippage, 4 orders
- −$29.14
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $7.68
- Costs to cover
- 0.337%
- Break-even
- 5.6 days
Slippage from Arcus: live order book, 19 min ago; Injective: live order book, 20 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, 19 min ago | 2.80 bp | 7.5 bp −$8 | 8.8 bp −$88 | 18.7 bp −$1,874 | doesn't fit |
| Sell Injective live order book, 20 min ago | 9.99 bp | 10.0 bp −$10 | 10.0 bp −$100 | 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 | −0.0464% | 4h | 339.98 | +0.031% | $81K | $327K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0056% | 1h | 339.87 | 0.000% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | −0.0021% | 1h | 339.82 | −0.014% | $556K | $35K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.89 | +0.006% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.93 | +0.019% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.04 | +0.050% | $22.2M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 340.08 | +0.062% | $7.0M | $209.7M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.94 | +0.021% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.84 | −0.009% | $3.0M | $5.9M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.02 | +0.044% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 340.04 | +0.049% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.86 | −0.002% | $22K | $345K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.041% | $765 | $4.3M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.10 | +0.068% | $62K | $243K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.94 | +0.021% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0006% | 8h | 340.03 | +0.047% | $347K | $166K | 20x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.94 | +0.021% | $3.3M | $4.2M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.56 | −0.091% | $660K | $653K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.94 | +0.020% | $928K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.91 | +0.012% | $986K | $3.3M | 20x | as long as short |
| Arcus AAPL-USDlong | +0.0040% | 1h | 339.87 | long leg | $267K | $60K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.75 | −0.035% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.91 | +0.012% | $40.4M | $76.7M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | +0.003% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.94 | +0.021% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.75 | −0.035% | $1.3M | $2.3M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.70 | −0.050% | $1.4M | $93K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.87 | 0.000% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.89 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.85 | −0.005% | $11K | $102 | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0191% | 1h | 339.91 | +0.012% | $28K | $70K | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.90 | +0.009% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 340.37 | +0.147% | $192K | $44K | 30x |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTX
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
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL