Funding you earn now, next payment 04:00 UTC+0.0366%/8h= +40.0% APRnext payment +$1.83 per $10,000 · paid last 24h +0.214%
Price spread now: Phemex against edgeX+0.010%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1151.154% of the position
Funding, last 7 days+0.450%+$45 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.010%, 7d avg +0.029%
=Together, before fees+0.398%+ Points / potential airdropedgeX: Active · farm board+$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX AAPLUSDC | 338.95 | −0.0366 | get 0.0183% / 4h | 22m 49s | $81K | $326K | 20x |
| Short | Phemex AAPLUSDT | 338.99 | 0 | get 0.0000% / 4h | 22m 49s | $2.1M | $7K | 10x |
edgeX AAPLUSDC
Phemex AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- $76.78
- Price spread: +0.010% → +0.029%
- −$1.85
- Slippage, 4 orders
- −$94.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$40.49
- Costs to cover
- 1.154%
- Break-even
- 10.7 days
Slippage from edgeX: live order book, 35 min ago; Phemex: live order book, 6 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 edgeX live order book, 35 min ago | 5.17 bp | 10.1 bp −$10 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 1.77 bp | 49.1 bp −$49 | 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 AAPLUSDClong | −0.0366% | 4h | 338.95 | long leg | $81K | $326K | 20x | |
| Nado AAPL-PERP | −0.0020% | 1h | 338.77 | −0.055% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0008% | 8h | 339.00 | +0.013% | $342K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.80 | −0.046% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.90 | −0.017% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.99 | +0.011% | $22.1M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.94 | −0.004% | $5.9M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.02 | +0.019% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.73 | −0.066% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.05 | +0.028% | $6.2M | $3.5M | 100x | as long as short |
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.00 | +0.012% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.92 | −0.011% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.010% | $295 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.052% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDTshort | 0.0000% | 4h | 338.99 | +0.010% | $2.1M | $7K | 10x | |
| QFEX AAPL-USD | +0.0031% | 1h | 338.93 | −0.007% | $3.2M | $4.7M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.80 | −0.045% | $781K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.84 | −0.034% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.87 | −0.025% | $266K | $67K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.069% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.87 | −0.025% | $40.6M | $75.9M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.82 | −0.040% | $278K | $420K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.86 | −0.028% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.75 | −0.060% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.89 | −0.019% | $36K | — | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0075% | 1h | 338.82 | −0.040% | $28K | $67K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 338.78 | −0.051% | $659K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.034% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.054% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.82 | −0.040% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.85 | −0.032% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.71 | −0.072% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.03 | +0.022% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Hotstuff AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL