Funding you earn now, next payment 02:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.003%
Price spread now: OKX against Extended+0.014%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.195% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now +0.014%, 7d avg −0.042%
=Together, before fees0.000%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.056% dearer against Extended than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.042%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.015% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAPL_24_5-USD | 339.11 | 0.0024 | pay 0.0003% / 1h | 4m 01s | $288K | $2.0M | 10x |
| Short | OKX AAPL-USDT-SWAP | 339.16 | 0 | get 0.0000% / 8h | 6h 04m | $6.3M | $6.8M | 25x |
Extended AAPL_24_5-USD
OKX AAPL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.04
- Price spread: +0.014% → −0.042%
- $5.62
- Slippage, 4 orders
- −$4.51
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.94
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago | 0.15 bp | 3.8 bp −$4 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.15 bp | 5.1 bp −$5 | 8.6 bp −$86 | doesn't fit | doesn't fit |
AAPL on 32 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 | −0.0814% | 4h | 339.24 | +0.037% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0133% | 1h | 338.93 | −0.054% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0088% | 1h | 339.10 | −0.004% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.13 | +0.006% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.23 | +0.035% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAPshort | 0.0000% | 8h | 339.16 | +0.014% | $6.3M | $6.8M | 25x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.99 | −0.036% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.22 | +0.032% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.23 | +0.033% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.24 | +0.037% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.16 | +0.014% | $644 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.31 | +0.058% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.30 | +0.055% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0021% | 8h | 339.20 | +0.027% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USDlong | +0.0024% | 1h | 339.11 | long leg | $288K | $2.0M | 10x | |
| QFEX AAPL-USD | +0.0028% | 1h | 339.09 | −0.007% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.06 | −0.014% | $799K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.13 | +0.005% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.10 | −0.004% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.07 | −0.013% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.90 | −0.063% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.14 | +0.008% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.95 | −0.048% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0055% | 1h | 339.14 | +0.008% | $40.8M | $75.8M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0056% | 1h | 339.17 | +0.017% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.09 | −0.007% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.14 | +0.008% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.09 | −0.007% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.07 | −0.011% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 339.01 | −0.030% | $656K | $666K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.10 | −0.004% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.33 | +0.064% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Binance AAPLUSDT
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
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL