Funding you earn now, next payment 01:00 UTC−0.1139%/8h= −124.7% APRpaid last 24h −0.207%
Price spread now: edgeX against Injective+0.056%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days−0.744%−$74 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.056%, 7d avg −0.085%
=Together, before fees−0.674%+ Points / potential airdropedgeX: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.140% dearer against Injective than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.085%): +$14 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.744% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.744% in total (about -38.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 338.80 | 0.0220 | pay 0.0028% / 1h | 56m 41s | $191K | $44K | 30x |
| Short | edgeX AAPLUSDC | 338.99 | −0.0919 | pay 0.0459% / 4h | 3h 56m | $81K | $327K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- −$239.12
- Price spread: +0.056% → −0.085%
- $14.02
- Slippage, 4 orders
- −$31.73
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$265.85
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Injective: live order book, 17 min ago; edgeX: live order book, 17 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 Injective live order book, 17 min ago | 10.03 bp | 10.0 bp −$10 | 10.0 bp −$100 | 57594.1 bp −$5.76M | 327969.7 bp −$163.98M |
| Sell edgeX live order book, 17 min ago | 5.31 bp | 10.5 bp −$10 | 18.2 bp −$182 | 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 AAPLUSDCshort | −0.0919% | 4h | 338.99 | +0.056% | $81K | $327K | 20x | |
| Nado AAPL-PERP | −0.0124% | 1h | 338.91 | +0.032% | $557K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.056% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.03 | +0.068% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | +0.053% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.76 | −0.012% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.97 | +0.050% | $749 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.89 | +0.027% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.097% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.03 | +0.068% | $2.1M | $6K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | +0.0023% | 8h | 339.04 | +0.071% | $13K | $490K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.88 | +0.025% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.92 | +0.035% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.83 | +0.009% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.92 | +0.035% | $40.8M | $76.3M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.83 | +0.009% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.89 | +0.027% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.62 | −0.053% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.91 | +0.032% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 338.92 | +0.035% | $36K | — | 20x | as long as short |
| Bitget AAPLUSDT | +0.0087% | 8h | 339.00 | +0.059% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.71 | −0.027% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.80 | 0.000% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.94 | +0.041% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.05 | +0.073% | $11K | — | 10x | as long as short |
| Variational Omni AAPL | +0.0106% | 8h | 339.00 | +0.061% | $2.4M | $1.4M | — | as long as short |
| Binance AAPLUSDT | +0.0124% | 8h | 338.99 | +0.056% | $22.3M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0128% | 1h | 338.92 | +0.037% | $285K | $1.5M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0145% | 8h | 339.00 | +0.059% | $346K | $170K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.068% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 338.80 | long leg | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0330% | 1h | 339.13 | +0.097% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.86 | +0.018% | $269K | $70K | 20x | as long as short |
Injective AAPL/USDC PERP
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 AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Variational Omni AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
Coinbase International AAPL-PERP-INTX
Phoenix AAPL