Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.036%
Price spread now: OKX against KuCoin+0.053%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.053%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 338.87 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $1.4M | $28K | 20x |
| Short | OKX AAPL-USDT-SWAP | 339.05 | 0 | get 0.0000% / 8h | 1h 46m | $6.6M | $6.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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: +0.053% → +0.039%
- $1.46
- Slippage, 4 orders
- −$98.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$140.52
- Costs to cover
- 1.210%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 1 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 KuCoin live order book, 4 min ago | 6.04 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.15 bp | 6.6 bp −$7 | 11.5 bp −$115 | 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 | −0.0903% | 4h | 339.25 | +0.112% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.14 | +0.079% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.05 | +0.053% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.12 | +0.074% | $22.3M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.15 | +0.083% | $6.1M | $30.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAPshort | 0.0000% | 8h | 339.05 | +0.053% | $6.6M | $6.9M | 25x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.87 | 0.000% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.11 | +0.071% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.29 | +0.122% | $2.4M | $1.5M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.22 | +0.104% | $14K | $498K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.10 | +0.068% | $695 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.26 | +0.115% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.19 | +0.094% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0011% | 8h | 339.13 | +0.077% | $352K | $168K | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.04 | +0.050% | $968K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.85 | −0.006% | — | $53K | 25x | as long as short |
| Lighter AAPL | +0.0048% | 1h | 339.01 | +0.040% | $768K | $2.5M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.92 | +0.015% | $265K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.00 | +0.038% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.70 | −0.050% | $1.5M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 339.04 | +0.050% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0088% | 1h | 339.00 | +0.038% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.0097% | 1h | 338.88 | +0.002% | $556K | $35K | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 338.87 | long leg | $1.4M | $28K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.87 | 0.000% | $947K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.00 | +0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.05 | +0.052% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.93 | +0.018% | $659K | $675K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0200% | 1h | 338.97 | +0.030% | $40.9M | $77.0M | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.66 | +0.233% | $191K | $44K | 30x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0222% | 1h | 339.02 | +0.044% | $28K | $65K | 10x | as long as short |
| Phoenix AAPL | +0.0354% | 1h | 339.29 | +0.124% | $2K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0364% | 1h | 339.02 | +0.044% | $270K | $70K | 20x | as long as short |
KuCoin AAPLUSDTM
OKX AAPL-USDT-SWAP
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter RH AAPL
Lighter AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUAL
Phoenix AAPL