Funding you earn now, next payment 00:00 UTC+0.0269%/8h= +29.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.038%
Price spread now: Arcus against Hotstuff−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Arcus is 0.021% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff AAPL-PERP | 338.95 | 0.0128 | pay 0.0016% / 1h | 2m 06s | $36K | — | 20x |
| Short | Arcus AAPL-USD | 338.88 | 0.0397 | get 0.0050% / 1h | 2m 06s | $269K | $70K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Hotstuff. 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
- $56.41
- Price spread: −0.021% → 0.000%
- −$2.07
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $44.84
- Costs to cover
- 0.095%
- Break-even
- 1.4 days
Slippage unknown: Hotstuff: no order-book sample; Arcus: live order book, 11 min ago. Net counts fees only.
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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 11 min ago | 2.80 bp | 6.0 bp −$6 | 6.4 bp −$64 | 16.1 bp −$1,608 | doesn't fit |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0925% | 4h | 339.03 | +0.022% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.012% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.05 | +0.030% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.03 | +0.024% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.81 | −0.041% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.03 | +0.024% | $471 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.83 | −0.035% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.08 | +0.038% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.03 | +0.024% | $2.1M | $6K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0025% | 8h | 339.05 | +0.030% | $13K | $490K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 338.93 | −0.006% | $964K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.74 | −0.062% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.88 | −0.021% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.94 | −0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.62 | −0.097% | $1.4M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 338.89 | −0.017% | $771K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 338.99 | +0.012% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0090% | 8h | 339.01 | +0.018% | $6.2M | $3.5M | 100x | as long as short |
| Nado AAPL-PERP | +0.0099% | 1h | 338.82 | −0.039% | $556K | $36K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.82 | −0.038% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | −0.044% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.87 | −0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.99 | +0.011% | $11K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0105% | 8h | 339.04 | +0.025% | $2.4M | $1.4M | — | as long as short |
| Binance AAPLUSDT | +0.0127% | 8h | 339.00 | +0.015% | $22.4M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0128% | 1h | 338.95 | −0.001% | $285K | $1.5M | 10x | as long as short |
| Hotstuff AAPL-PERPlong | +0.0128% | 1h | 338.95 | long leg | $36K | — | 20x | |
| BloFin AAPL-USDT | +0.0155% | 8h | 339.02 | +0.021% | $347K | $170K | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0174% | 1h | 338.93 | −0.006% | $40.8M | $76.1M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.024% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.80 | −0.044% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.03 | +0.024% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0397% | 1h | 338.88 | −0.021% | $269K | $70K | 20x |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Lighter AAPL
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Variational Omni AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL