Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +9.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against Bitget−0.006%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 2 days (all we have)+0.021%+$2 · spread now −0.006%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AAPLUSDT | 338.65 | 0.0008 | pay 0.0008% / 8h | 7h 15m | $6.2M | $3.4M | 100x |
| Short | Binance AAPLUSDT | 338.63 | 0.0099 | get 0.0099% / 8h | 7h 15m | $22.2M | $66.8M | 25x |
Bitget AAPLUSDT
Binance AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $19.02
- Price spread: −0.006% → +0.002%
- −$0.77
- Slippage, 4 orders
- −$6.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.28
- Costs to cover
- 0.285%
- Break-even
- 10.8 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 11 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 Bitget live order book, 2 min ago | 0.15 bp | 9.4 bp −$9 | 12.6 bp −$126 | 60.5 bp −$6,055 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.15 bp | 5.5 bp −$6 | 7.6 bp −$76 | 27.3 bp −$2,730 | 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 | −0.0571% | 4h | 338.69 | +0.012% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0013% | 1h | 338.52 | −0.038% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.70 | +0.016% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.67 | +0.006% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.62 | −0.009% | $6.4M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.42 | −0.068% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.73 | +0.023% | $17K | $489K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.61 | −0.012% | $654 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.41 | −0.071% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.75 | +0.030% | $53K | $225K | 30x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 338.69 | +0.012% | $2.1M | $6K | 10x | as long as short |
| Bitget AAPLUSDTlong | +0.0008% | 8h | 338.65 | long leg | $6.2M | $3.4M | 100x | |
| Lighter AAPL | +0.0032% | 1h | 338.50 | −0.045% | $765K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.55 | −0.030% | $956K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.51 | −0.041% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.58 | −0.021% | $40.8M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.40 | −0.074% | $263K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.58 | −0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.34 | −0.092% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.62 | −0.009% | $3.2M | $5.0M | 10x | as long as short |
| Variational Omni AAPL | +0.0069% | 8h | 338.63 | −0.007% | $2.4M | $1.4M | — | as long as short |
| Extended AAPL_24_5-USD | +0.0096% | 1h | 338.56 | −0.028% | $286K | $2.0M | 10x | as long as short |
| Binance AAPLUSDTshort | +0.0099% | 8h | 338.63 | −0.006% | $22.2M | $66.8M | 25x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.62 | −0.009% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.50 | −0.044% | $945K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.56 | −0.027% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.59 | −0.018% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.57 | −0.024% | $10K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0104% | 8h | 338.81 | +0.047% | $346K | $169K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.51 | −0.041% | $655K | $670K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.49 | −0.047% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.75 | +0.030% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.60 | −0.015% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Variational Omni AAPL
Extended AAPL_24_5-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Hotstuff AAPL-PERP
Aevo AAPL-PERP
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD