Funding you earn now, next payment 22:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.066%
Price spread now: Extended against Injective−0.129%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.451%−$45 on $10k
+Price spread, last 3 days (all we have)+0.225%+$22 · spread now −0.129%, 7d avg −0.096%
=Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.033% cheaper against Injective than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 339.41 | 0.0220 | pay 0.0028% / 1h | 25m 08s | $191K | $44K | 30x |
| Short | Extended AAPL_24_5-USD | 338.97 | 0 | get 0.0000% / 1h | 25m 08s | $284K | $1.5M | 10x |
Injective AAPL/USDC PERP
Extended AAPL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$46.2
- Price spread: −0.129% → −0.096%
- −$3.28
- Slippage, 4 orders
- −$22.68
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$77.18
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Injective: live order book, 64 min ago; Extended: live order book, 3 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, 64 min ago | 9.88 bp | 9.9 bp −$10 | 9.9 bp −$99 | 57595.0 bp −$5.76M | 327974.5 bp −$163.99M |
| Sell Extended live order book, 3 min ago | 0.15 bp | 3.8 bp −$4 | 18.7 bp −$187 | 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 | −0.0552% | 4h | 339.00 | −0.120% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.77 | −0.190% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USDshort | 0.0000% | 1h | 338.97 | −0.129% | $284K | $1.5M | 10x | |
| Binance AAPLUSDT | 0.0000% | 8h | 338.93 | −0.141% | $22.1M | $66.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.02 | −0.115% | $6.3M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | −0.147% | $6.6M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.80 | −0.180% | $3.0M | $4.1M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.00 | −0.121% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.01 | −0.116% | $2.2M | $1.1M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | −0.125% | $14K | $522K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.00 | −0.121% | $827 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.05 | −0.106% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.06 | −0.103% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 339.00 | −0.121% | $354K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.94 | −0.138% | $762K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.99 | −0.124% | $980K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.203% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 338.92 | −0.144% | $3.2M | $4.9M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.68 | −0.215% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | −0.124% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.186% | $1.3M | $2.2M | 20x | as long as short |
| Nado AAPL-PERP | +0.0076% | 1h | 338.77 | −0.188% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.189% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.72 | −0.203% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.90 | −0.150% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.98 | −0.127% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.94 | −0.138% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 338.96 | −0.133% | $658K | $671K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0206% | 1h | 338.90 | −0.150% | $40.7M | $76.7M | 20x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 339.41 | long leg | $191K | $44K | 30x | |
| Deribit AAPL_USDC-PERPETUAL | +0.0252% | 1h | 339.01 | −0.118% | $28K | $65K | 10x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.10 | −0.091% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.95 | −0.136% | $270K | $69K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
QFEX AAPL-USD
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Hotstuff AAPL-PERP
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL
Arcus AAPL-USD