AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.024%

Price spread now: KuCoin against Bybit−0.091%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1231.226% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.091%, 7d avg −0.052%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.052%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.018% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAPLUSDT	338.96	0	get 0.0000% / 8h	3h 48m	$7.2M	$58.0M	100x
Short	KuCoin AAPLUSDTM	338.65	0.0100	get 0.0100% / 8h	3h 48m	$1.4M	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.091%Rate

Funding earned: $21
Price spread: −0.091% → −0.052%: −$3.92
Slippage, 4 orders: −$99.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$105.56
Costs to cover: 1.226%
Break-even: 42.2 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 2 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 Bybit live order book, 5 min ago	0.15 bp	5.8 bp −$6	9.6 bp −$96	50.7 bp −$5,069	doesn't fit
Sell KuCoin live order book, 2 min ago	6.05 bp	58.6 bp −$59	doesn't fit	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	−0.0446%	4h	338.80	−0.049%	$81K	$327K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0193%	1h	338.57	−0.115%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0123%	1h	338.78	−0.052%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0022%	8h	338.89	−0.021%	$340K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.79	−0.051%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.94	−0.007%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.03	+0.021%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDTlong	0.0000%	8h	338.96	long leg	$7.2M	$58.0M	100x
OKX AAPL-USDT-SWAP	0.0000%	8h	338.97	+0.003%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.65	−0.091%	$3.0M	$4.3M	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	339.01	+0.015%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.92	−0.013%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.85	−0.032%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.89	−0.021%	$654	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.98	+0.006%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.94	−0.006%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0030%	1h	338.83	−0.038%	$3.2M	$4.5M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.83	−0.037%	$783K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.83	−0.038%	$946K	$3.6M	20x	as long as short
Hotstuff AAPL-PERP	+0.0040%	1h	338.77	−0.056%	$36K	—	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.77	−0.056%	$266K	$65K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.69	−0.080%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.82	−0.041%	$40.5M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.74	−0.065%	$278K	$405K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.72	−0.071%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.67	−0.086%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.053%	$659K	$652K	10x	as long as short
KuCoin AAPLUSDTMshort	+0.0100%	8h	338.65	−0.091%	$1.4M	$38K	20x
ApeX Omni AAPLUSDT	+0.0100%	1h	338.72	−0.071%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.77	−0.056%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.76	−0.058%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.63	−0.097%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	338.85	−0.032%	$5K	$11K	20x	as long as short