Funding you earn now, next payment 21:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.056%
Price spread now: Injective against Coinbase International+0.133%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 3 days (all we have)−0.216%−$22 · spread now +0.133%, 7d avg +0.133%
=The price spread sits at its 7-day average of +0.133%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAPL-PERP-INTX | 338.96 | 0.0144 | pay 0.0018% / 1h | 24m 45s | $658K | $671K | 10x |
| Short | Injective AAPL/USDC PERP | 339.41 | 0.0220 | get 0.0028% / 1h | 24m 45s | $191K | $44K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- $15.96
- Price spread: +0.133% → +0.133%
- −$0.05
- Slippage, 4 orders
- −$22.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$17.09
- Costs to cover
- 0.330%
- Break-even
- 14.5 days
Slippage from Coinbase International: live order book, 63 min ago; Injective: live order book, 64 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 Coinbase International live order book, 63 min ago | 1.48 bp | 6.5 bp −$6 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Injective live order book, 64 min ago | 9.88 bp | 10.2 bp −$10 | 10.2 bp −$102 | 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 | −0.0552% | 4h | 339.00 | +0.012% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.76 | −0.060% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.90 | −0.017% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.89 | −0.021% | $22.1M | $66.8M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.94 | −0.006% | $6.3M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.86 | −0.030% | $6.6M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.78 | −0.053% | $3.0M | $4.1M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.96 | 0.000% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.01 | +0.016% | $2.2M | $1.1M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | +0.008% | $14K | $522K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.00 | +0.012% | $827 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.027% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.06 | +0.030% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 339.00 | +0.012% | $354K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.84 | −0.035% | $761K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.87 | −0.027% | $980K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.071% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 338.92 | −0.012% | $3.2M | $4.9M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.68 | −0.083% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | +0.009% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.68 | −0.083% | $1.3M | $2.2M | 20x | as long as short |
| Nado AAPL-PERP | +0.0076% | 1h | 338.77 | −0.055% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.72 | −0.071% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.72 | −0.071% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.90 | −0.018% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.98 | +0.006% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.94 | −0.006% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTXlong | +0.0144% | 1h | 338.96 | long leg | $658K | $671K | 10x | |
| tradeXYZ xyz:AAPL | +0.0205% | 1h | 338.85 | −0.032% | $40.7M | $76.7M | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 339.41 | +0.133% | $191K | $44K | 30x | |
| Deribit AAPL_USDC-PERPETUAL | +0.0252% | 1h | 339.01 | +0.015% | $28K | $65K | 10x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.10 | +0.041% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.86 | −0.030% | $269K | $69K | 20x | as long as short |
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit 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
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
tradeXYZ xyz:AAPL
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL