Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.28 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Binance+0.003%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.003%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAPLUSDT | 338.91 | 0 | get 0.0000% / 8h | 5h 33m | $22.3M | $67.0M | 25x |
| Short | BloFin AAPL-USDT | 338.92 | −0.0028 | pay 0.0028% / 8h | 5h 33m | $343K | $169K | 20x |
Binance AAPLUSDT
BloFin AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$5.84
- Price spread: +0.003% → +0.012%
- −$0.88
- Slippage, 4 orders
- −$3.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.89
- Costs to cover
- 0.252%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 7 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 Binance live order book, 9 min ago | 0.15 bp | 5.7 bp −$6 | 8.4 bp −$84 | 28.9 bp −$2,893 | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.15 bp | 7.9 bp −$8 | 10.1 bp −$101 | 21.6 bp −$2,157 | 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 | −0.0664% | 4h | 338.85 | −0.018% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0060% | 1h | 338.82 | −0.025% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDTshort | −0.0028% | 8h | 338.92 | +0.003% | $343K | $169K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 338.93 | +0.007% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.83 | −0.023% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDTlong | 0.0000% | 8h | 338.91 | long leg | $22.3M | $67.0M | 25x | |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.95 | +0.012% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.96 | +0.015% | $6.3M | $6.8M | 25x | as long as short |
| Hotstuff AAPL-PERP | 0.0000% | 1h | 338.84 | −0.020% | $36K | — | 20x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.70 | −0.062% | $3.0M | $4.2M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Hotstuff AAPL-PERP
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 | 339.00 | +0.027% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.92 | +0.002% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.88 | −0.010% | $17K | $424K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | 0.000% | $868 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.75 | −0.047% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.01 | +0.030% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.91 | 0.000% | $2.1M | $6K | 10x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.88 | −0.009% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.78 | −0.039% | $759K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.83 | −0.023% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.80 | −0.032% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.73 | −0.053% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | −0.038% | $659K | $673K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.63 | −0.082% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.86 | −0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.67 | −0.071% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0059% | 1h | 338.86 | −0.015% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.85 | −0.018% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.74 | −0.050% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.82 | −0.026% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.80 | −0.032% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.25 | +0.101% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.96 | +0.015% | $5K | $11K | 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
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL