Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%
Price spread now: ApeX Omni against GRVT−0.019%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.019%, 7d avg −0.047%
=Together, before fees+0.210%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.028% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AAPL_USDT_Perp | 339.06 | 0 | get 0.0000% / 8h | 6h 21m | $17K | $433K | 10x |
| Short | ApeX Omni AAPLUSDT | 339.00 | 0.0100 | get 0.0013% / 1h | 21m 31s | $947K | $11.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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
- $21
- Price spread: −0.019% → −0.047%
- $2.84
- Slippage, 4 orders
- −$10.03
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$5.19
- Costs to cover
- 0.290%
- Break-even
- 8.7 days
Slippage from GRVT: live order book, 46 min ago; ApeX Omni: live order book, 3 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 GRVT live order book, 46 min ago | 1.33 bp | 7.0 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 2.07 bp | 7.6 bp −$8 | 9.0 bp −$90 | 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 | −0.0955% | 4h | 339.05 | −0.006% | $81K | $326K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0310% | 1h | 338.96 | −0.031% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0072% | 1h | 339.16 | +0.029% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.16 | +0.027% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.24 | +0.052% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.23 | +0.049% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.99 | −0.022% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.18 | +0.034% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perplong | 0.0000% | 8h | 339.06 | long leg | $17K | $433K | 10x | |
| SunX AAPL-USDT | 0.0000% | 8h | 339.11 | +0.013% | $607 | $4.7M | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.30 | +0.069% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.22 | +0.046% | $2.1M | $6K | 10x | as long as short |
| Variational Omni AAPL | +0.0018% | 8h | 339.02 | −0.012% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.07 | +0.002% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.07 | +0.001% | $743K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.10 | +0.010% | $952K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.99 | −0.022% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.05 | −0.004% | — | $45K | 25x | as long as short |
| Binance AAPLUSDT | +0.0047% | 8h | 339.19 | +0.037% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0048% | 1h | 339.09 | +0.008% | $288K | $2.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.92 | −0.043% | $262K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.14 | +0.022% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.92 | −0.043% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0063% | 1h | 339.14 | +0.022% | $40.8M | $75.7M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.01 | −0.016% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDTshort | +0.0100% | 1h | 339.00 | −0.019% | $947K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.17 | +0.031% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.14 | +0.022% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.164% | $655K | $665K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0152% | 1h | 339.14 | +0.022% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.78 | −0.084% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.04 | −0.007% | $5K | $11K | 20x | as long as short |
GRVT AAPL_USDT_Perp
ApeX Omni AAPLUSDT
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Variational Omni AAPL
Lighter AAPL
Lighter RH AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL