Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: KuCoin against HTX−0.041%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.041%, 7d avg −0.087%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.046% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AAPL-USDT | 339.25 | 0 | get 0.0000% / 8h | 5h 58m | $53K | $224K | 30x |
| Short | KuCoin AAPLUSDTM | 339.11 | 0.0100 | get 0.0100% / 8h | 5h 58m | $1.4M | $27K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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: −0.041% → −0.087%
- $4.58
- Slippage, 4 orders
- −$111.08
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$109.5
- Costs to cover
- 1.351%
- Break-even
- 43.5 days
Slippage from HTX: live order book, 3 min ago; KuCoin: live order book, 2 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 HTX live order book, 3 min ago | 2.80 bp | 8.8 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.49 bp | 60.9 bp −$61 | doesn't fit | 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 | −0.0534% | 4h | 339.19 | −0.017% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0025% | 1h | 338.94 | −0.091% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.07 | −0.052% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.21 | −0.012% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.12 | −0.038% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.94 | −0.091% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.20 | −0.015% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.24 | −0.004% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.21 | −0.013% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.12 | −0.038% | $553 | $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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.92 | −0.097% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDTlong | 0.0000% | 8h | 339.25 | long leg | $53K | $224K | 30x | |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.30 | +0.015% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0013% | 8h | 339.19 | −0.019% | $22.3M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0016% | 1h | 339.09 | −0.047% | $288K | $2.0M | 10x | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.04 | −0.062% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.03 | −0.065% | $755K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.09 | −0.047% | $950K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.07 | −0.053% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.98 | −0.080% | — | $45K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 339.00 | −0.074% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.98 | −0.080% | $656K | $671K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.12 | −0.038% | $40.8M | $75.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.82 | −0.127% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.04 | −0.062% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.85 | −0.118% | $1.4M | $2.5M | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.11 | −0.041% | $1.4M | $27K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.10 | −0.044% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.00 | −0.074% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.97 | −0.084% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.02 | −0.068% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.33 | +0.024% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
KuCoin AAPLUSDTM
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
Phemex AAPLUSDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
Lighter AAPL
Lighter RH AAPL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL