Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.016%
Price spread now: Bybit against Hotstuff+0.024%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.024% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff AAPL-PERP | 339.68 | −0.0088 | get 0.0011% / 1h | 59m 01s | $36K | — | 20x |
| Short | Bybit AAPLUSDT | 339.76 | 0 | get 0.0000% / 8h | 1h 59m | $7.0M | $100.6M | 100x |
Hotstuff AAPL-PERP
Bybit AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $18.48
- Price spread: +0.024% → 0.000%
- $2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.84
- Costs to cover
- 0.160%
- Break-even
- 5.2 days
Slippage unknown: Hotstuff: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 0.15 bp | 5.6 bp −$6 | 8.2 bp −$82 | 29.9 bp −$2,987 | 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 | −0.0450% | 4h | 339.71 | +0.010% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0116% | 1h | 339.66 | −0.006% | $556K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERPlong | −0.0088% | 1h | 339.68 | long leg | $36K | — | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.67 | −0.003% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.65 | −0.008% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.75 | +0.021% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDTshort | 0.0000% | 8h | 339.76 | +0.024% | $7.0M | $100.6M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.75 | +0.021% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.49 | −0.056% | $3.0M | $4.9M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.84 | +0.047% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance 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 | 339.77 | +0.028% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.79 | +0.033% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.74 | +0.018% | $622 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.63 | −0.015% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.83 | +0.044% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.79 | +0.032% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.67 | −0.003% | $3.3M | $4.3M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0020% | 8h | 339.76 | +0.024% | $340K | $168K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | −0.038% | $660K | $658K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.67 | −0.002% | $908K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.66 | −0.006% | $945K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.63 | −0.015% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.54 | −0.041% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | −0.006% | $282K | $415K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.68 | 0.000% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.52 | −0.047% | $1.3M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0058% | 1h | 339.67 | −0.003% | $40.6M | $76.6M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.55 | −0.038% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.67 | −0.003% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.63 | −0.015% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.65 | −0.009% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.87 | +0.056% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.52 | −0.047% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
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
Phoenix AAPL
Injective AAPL/USDC PERP