Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%
Price spread now: tradeXYZ against HTX−0.083%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.083%, 7d avg −0.111%
=Together, before fees−0.005%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.028% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AAPL-USDT | 339.20 | 0 | get 0.0000% / 8h | 7h 49m | $52K | $224K | 30x |
| Short | tradeXYZ xyz:AAPL | 338.92 | 0.0050 | get 0.0006% / 1h | 49m 17s | $40.8M | $76.0M | 20x |
HTX AAPL-USDT
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.083% → −0.111%
- $2.8
- Slippage, 4 orders
- −$13.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$30.17
- Costs to cover
- 0.435%
- Break-even
- 27.1 days
Slippage from HTX: live order book, 22 min ago; tradeXYZ: live order book, 10 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, 22 min ago | 2.80 bp | 8.8 bp −$9 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.15 bp | 10.5 bp −$11 | 13.3 bp −$133 | doesn't fit | doesn't fit |
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 | −0.0218% | 4h | 338.92 | −0.082% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0057% | 1h | 338.87 | −0.097% | $557K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | −0.062% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.10 | −0.029% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | −0.065% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.85 | −0.103% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | −0.080% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.99 | −0.062% | $410 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.91 | −0.085% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDTlong | 0.0000% | 8h | 339.20 | long leg | $52K | $224K | 30x |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUALShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 339.02 | −0.053% | $2.1M | $6K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 338.93 | −0.080% | $36K | — | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.98 | −0.064% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.03 | −0.050% | $958K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.75 | −0.133% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0050% | 1h | 338.92 | −0.083% | $40.8M | $76.0M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.86 | −0.100% | $264K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.92 | −0.083% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.63 | −0.168% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.98 | −0.065% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0078% | 8h | 339.05 | −0.044% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | +0.0098% | 8h | 339.02 | −0.052% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.65 | −0.162% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.78 | −0.124% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.95 | −0.074% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.99 | −0.062% | $11K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0111% | 8h | 339.05 | −0.044% | $346K | $170K | 20x | as long as short |
| Binance AAPLUSDT | +0.0119% | 8h | 339.09 | −0.032% | $22.3M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0120% | 1h | 339.01 | −0.057% | $284K | $1.6M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | −0.050% | $660K | $670K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.78 | −0.124% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.06 | −0.041% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.87 | −0.097% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Hotstuff AAPL-PERP
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Bitget AAPLUSDT
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
BloFin AAPL-USDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD