Funding you earn now, next payment 09:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.037%
Price spread now: Nado against Arcus−0.023%52s7-day average +0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$420.420% of the position
Funding, last 4 days (all we have)−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.023%, 7d avg +0.018%
=Together, before fees−0.069%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.041% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 339.95 | 0.0040 | pay 0.0005% / 1h | 45m 39s | $267K | $59K | 20x |
| Short | Nado AAPL-PERP | 339.87 | −0.0019 | pay 0.0002% / 1h | 45m 39s | $556K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$12.44
- Price spread: −0.023% → +0.018%
- −$4.12
- Slippage, 4 orders
- −$30.54
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$58.6
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 53 min ago; Nado: live order book, 52 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, 53 min ago | 0.74 bp | 11.6 bp −$12 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Nado live order book, 52 min ago | 0.59 bp | 11.0 bp −$11 | 43.6 bp −$436 | 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 | −0.0921% | 4h | 339.95 | +0.001% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERPshort | −0.0019% | 1h | 339.87 | −0.023% | $556K | $36K | 20x | |
| Hotstuff AAPL-PERP | −0.0008% | 1h | 340.04 | +0.026% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.90 | −0.015% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.96 | +0.004% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.05 | +0.029% | $22.2M | $67.2M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.05 | +0.029% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.91 | −0.012% | $3.0M | $5.6M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.07 | +0.035% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.07 | +0.037% | $2.5M | $1.2M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.04 | +0.026% | $13K | $349K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.10 | +0.044% | $463 | $4.4M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.89 | −0.018% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.18 | +0.068% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.07 | +0.035% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 340.03 | +0.024% | $3.2M | $4.2M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 340.13 | +0.053% | $344K | $166K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.92 | −0.009% | $663K | $656K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.98 | +0.010% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.96 | +0.003% | $957K | $3.2M | 20x | as long as short |
| Arcus AAPL-USDlong | +0.0040% | 1h | 339.95 | long leg | $267K | $59K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.86 | −0.026% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.85 | −0.029% | $279K | $375K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.01 | +0.018% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.82 | −0.038% | $1.3M | $2.4M | 20x | as long as short |
| Bybit AAPLUSDT | +0.0066% | 8h | 340.11 | +0.047% | $6.2M | $180.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.92 | −0.009% | $1.4M | $66K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.86 | −0.026% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.94 | −0.003% | $4K | — | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0102% | 1h | 339.97 | +0.006% | $40.3M | $76.6M | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.93 | −0.006% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.13 | +0.053% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.55 | +0.176% | $192K | $44K | 30x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Bybit AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
tradeXYZ xyz:AAPL
Phoenix AAPL
Injective AAPL/USDC PERP