Funding you earn now, next payment 11:00 UTC+0.0967%/8h= +105.9% APRpaid last 24h +0.220%
Price spread now: tradeXYZ against edgeX−0.060%66s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days+0.539%+$54 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.060%, 7d avg −0.071%
=Together, before fees+0.455%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.539% in total (about 28.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX AAPLUSDC | 339.68 | −0.0885 | get 0.0443% / 4h | 1h 46m | $81K | $327K | 20x |
| Short | tradeXYZ xyz:AAPL | 339.48 | 0.0082 | get 0.0010% / 1h | 46m 31s | $40.5M | $76.5M | 20x |
edgeX AAPLUSDC
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $203.06
- Price spread: −0.060% → −0.071%
- $1.05
- Slippage, 4 orders
- −$13.34
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $163.77
- Costs to cover
- 0.403%
- Break-even
- 1.4 days
Slippage from edgeX: live order book, 64 min ago; tradeXYZ: 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, 64 min ago | 4.27 bp | 9.2 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.15 bp | 10.4 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
AAPL on 33 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AAPL-PERP | −0.1600% | 1h | 339.42 | −0.078% | $36K | — | 20x | as long as short |
| edgeX AAPLUSDClong | −0.0885% | 4h | 339.68 | long leg | $81K | $327K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.53 | −0.044% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.47 | −0.064% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.58 | −0.032% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.49 | −0.057% | $6.7M | $282.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.47 | −0.063% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.37 | −0.092% | $3.0M | $7.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.56 | −0.037% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.69 | +0.003% | $2.5M | $1.3M | — | as long as short |
Hotstuff AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.61 | −0.022% | $13K | $336K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.53 | −0.045% | $492 | $4.2M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.68 | −0.001% | $62K | $242K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.72 | +0.011% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0013% | 8h | 339.53 | −0.045% | $349K | $165K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 339.42 | −0.078% | $28K | $70K | 10x | as long as short |
| QFEX AAPL-USD | +0.0026% | 1h | 339.47 | −0.063% | $3.2M | $4.2M | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.50 | −0.054% | $1.0M | $3.1M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.38 | −0.090% | $267K | $52K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.32 | −0.107% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.48 | −0.060% | $279K | $347K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.43 | −0.075% | $75K | $3K | 10x | as long as short |
| Nado AAPL-PERP | +0.0050% | 1h | 339.45 | −0.069% | $555K | $29K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.26 | −0.125% | $1.3M | $2.1M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 339.52 | −0.047% | $929K | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 339.77 | +0.025% | $660K | $655K | 10x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0082% | 1h | 339.48 | −0.060% | $40.5M | $76.5M | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.39 | −0.087% | $1.4M | $162K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.042% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.37 | −0.092% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.37 | −0.091% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.16 | +0.140% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0235% | 1h | 339.56 | −0.037% | $5K | $12K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Nado AAPL-PERP
Ondo Perps AAPL-USD.P
Lighter AAPL
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL