Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Extended−0.014%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.014%, 7d avg −0.035%
=Together, before fees−0.036%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.021% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAPL_24_5-USD | 338.83 | 0 | get 0.0000% / 1h | 36m 56s | $285K | $2.0M | 10x |
| Short | Coinbase International AAPL-PERP-INTX | 338.78 | 0.0048 | get 0.0006% / 1h | 36m 56s | $659K | $673K | 10x |
Extended AAPL_24_5-USD
Coinbase International AAPL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $10.08
- Price spread: −0.014% → −0.035%
- $2.15
- Slippage, 4 orders
- −$8.22
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$10.99
- Costs to cover
- 0.232%
- Break-even
- 14.6 days
Slippage from Extended: live order book, 2 min ago; Coinbase International: live order book, 26 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 Extended live order book, 2 min ago | 0.15 bp | 3.8 bp −$4 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 2.06 bp | 7.9 bp −$8 | 10.5 bp −$105 | 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 | −0.0109% | 4h | 338.77 | −0.018% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0058% | 1h | 338.82 | −0.001% | $554K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0016% | 1h | 338.87 | +0.013% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.94 | +0.035% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USDlong | 0.0000% | 1h | 338.83 | long leg | $285K | $2.0M | 10x | |
| Binance AAPLUSDT | 0.0000% | 8h | 338.92 | +0.028% | $22.3M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.94 | +0.033% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.95 | +0.036% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | −0.040% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.03 | +0.060% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
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 | 338.83 | +0.002% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.89 | +0.018% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | +0.025% | $454 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.76 | −0.020% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | +0.066% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.90 | +0.022% | $2.1M | $6K | 10x | as long as short |
| BloFin AAPL-USDT | 0.0000% | 8h | 338.86 | +0.010% | $343K | $169K | 20x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.79 | −0.011% | $3.2M | $4.8M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.77 | −0.016% | $757K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.81 | −0.005% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.76 | −0.020% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.66 | −0.049% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0048% | 1h | 338.78 | −0.014% | $659K | $673K | 10x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.63 | −0.058% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.85 | +0.007% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.58 | −0.073% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0052% | 1h | 338.82 | −0.002% | $40.7M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.83 | +0.001% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.67 | −0.046% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.78 | −0.014% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.79 | −0.011% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.58 | −0.073% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.95 | +0.036% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL