Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Bybit−0.032%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.032% cheaper against Bybit than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). The two prices were read 50 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 | Bybit AAPLUSDT | 338.86 | 0 | get 0.0000% / 8h | 4h 44m | $6.0M | $39.6M | 100x |
| Short | Orderly PERP_AAPL_USDC_mythos | 338.75 | 0.0100 | get 0.0100% / 8h | 4h 44m | $4K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- $21
- Price spread: −0.032% → 0.000%
- −$3.25
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.75
- Costs to cover
- 0.170%
- Break-even
- 6.7 days
Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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, 4 min ago | 0.15 bp | 6.5 bp −$6 | 11.1 bp −$111 | 46.2 bp −$4,621 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0542% | 4h | 338.74 | −0.036% | $81K | $328K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0029% | 8h | 338.87 | +0.003% | $342K | $168K | 20x | as long as short |
| Nado AAPL-PERP | −0.0008% | 1h | 338.74 | −0.036% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.85 | −0.003% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.80 | −0.017% | $286K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.91 | +0.015% | $22.2M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDTlong | 0.0000% | 8h | 338.86 | long leg | $6.0M | $39.6M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.92 | +0.018% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.65 | −0.062% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.95 | +0.027% | $6.2M | $3.5M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.86 | −0.001% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.77 | −0.027% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.88 | +0.006% | $830 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.60 | −0.077% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.96 | +0.030% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.83 | −0.009% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 338.82 | −0.012% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.74 | −0.035% | $779K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.79 | −0.021% | $948K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.72 | −0.041% | $269K | $68K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.64 | −0.065% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.63 | −0.068% | $253K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.79 | −0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.61 | −0.074% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0060% | 1h | 338.77 | −0.027% | $40.5M | $75.9M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 338.78 | −0.024% | $659K | $664K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0088% | 1h | 338.77 | −0.027% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.76 | −0.030% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.52 | −0.100% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythosshort | +0.0100% | 8h | 338.75 | −0.032% | $4K | — | 10x | |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.76 | −0.030% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.52 | −0.100% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 338.93 | +0.021% | $5K | $11K | 20x | as long as short |
Bybit AAPLUSDT
edgeX AAPLUSDC
BloFin AAPL-USDT
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
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL