Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against BloFin0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now 0.000%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, 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 cost −0.121%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAPL-USDT | 339.83 | −0.0029 | get 0.0029% / 8h | 23m 12s | $344K | $167K | 20x |
| Short | Bybit AAPLUSDT | 339.83 | 0 | get 0.0000% / 8h | 23m 12s | $7.4M | $153.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $6.02
- Price spread: 0.000% → −0.016%
- $1.58
- Slippage, 4 orders
- −$1.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.35
- Costs to cover
- 0.249%
- Break-even
- 27.2 days
Slippage from BloFin: live order book, 57 min ago; Bybit: live order book, 1 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 BloFin live order book, 57 min ago | 0.29 bp | 6.6 bp −$7 | 8.3 bp −$83 | 16.2 bp −$1,623 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.15 bp | 5.6 bp −$6 | 5.8 bp −$58 | 17.7 bp −$1,770 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUAL | −0.0368% | 1h | 339.54 | −0.085% | $28K | $69K | 10x | as long as short |
| edgeX AAPLUSDC | −0.0245% | 4h | 339.72 | −0.032% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0149% | 1h | 339.81 | −0.006% | $556K | $36K | 20x | as long as short |
| BloFin AAPL-USDTlong | −0.0029% | 8h | 339.83 | long leg | $344K | $167K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.77 | −0.018% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.73 | −0.030% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.80 | −0.007% | $22.1M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDTshort | 0.0000% | 8h | 339.83 | 0.000% | $7.4M | $153.8M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.82 | −0.003% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.63 | −0.059% | $3.0M | $5.5M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.89 | +0.018% | $6.2M | $3.6M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.77 | −0.016% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.83 | −0.001% | $13K | $357K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.80 | −0.009% | $632 | $4.5M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.86 | +0.009% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.87 | +0.012% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.78 | −0.015% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.76 | −0.021% | $942K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.75 | −0.024% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.67 | −0.047% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.73 | −0.029% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.75 | −0.024% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | −0.032% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.75 | −0.024% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.58 | −0.074% | $1.3M | $2.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.082% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.51 | −0.094% | $1.4M | $47K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.71 | −0.035% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.69 | −0.041% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.72 | −0.033% | $11K | $102 | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0120% | 1h | 339.73 | −0.029% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.59 | −0.071% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.79 | −0.012% | $5K | $12K | 20x | as long as short |
BloFin AAPL-USDT
Bybit AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
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
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL