Funding you earn now, next payment 22:00 UTC−0.0757%/8h= −82.9% APRpaid last 24h −0.166%
Price spread now: edgeX against Ondo Perps+0.101%7-day average +0.076% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 3 days (all we have)+0.014%+$1 · spread now +0.101%, 7d avg +0.076%
=Together, before fees−0.390%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.076%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.404% in total) that is about 11 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.404% in total (about -21.1% 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 | Ondo Perps AAPL-USD.P | 338.72 | 0.0050 | pay 0.0006% / 1h | 7m 06s | $1.4M | $2.3M | 20x |
| Short | edgeX AAPLUSDC | 339.06 | −0.0706 | pay 0.0353% / 4h | 2h 07m | $81K | $325K | 20x |
Ondo Perps AAPL-USD.P
edgeX AAPLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Ondo Perps. 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
- −$158.9
- Price spread: +0.101% → +0.076%
- $2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$170.35
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 16 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 16 min ago | 5.31 bp | 10.6 bp −$11 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0706% | 4h | 339.06 | +0.101% | $81K | $325K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.08 | +0.106% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.98 | +0.077% | $284K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.03 | +0.092% | $22.3M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.08 | +0.106% | $6.2M | $24.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.96 | +0.071% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.83 | +0.032% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.06 | +0.100% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.07 | +0.103% | $2.5M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.01 | +0.087% | $14K | $510K | 10x | as long as short |
Aster AAPLUSDT
Extended AAPL_24_5-USD
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 | +0.083% | $475 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.77 | +0.015% | $28K | $65K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.121% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.12 | +0.118% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0013% | 8h | 339.04 | +0.094% | $353K | $165K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.90 | +0.053% | $761K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.95 | +0.068% | $973K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.67 | −0.015% | — | $43K | 25x | as long as short |
| QFEX AAPL-USD | +0.0049% | 1h | 339.01 | +0.086% | $3.2M | $5.0M | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.73 | +0.003% | $271K | $384K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.98 | +0.077% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.Plong | +0.0050% | 1h | 338.72 | long leg | $1.4M | $2.3M | 20x | |
| Nado AAPL-PERP | +0.0086% | 1h | 338.75 | +0.009% | $556K | $35K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | +0.015% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.68 | −0.012% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.95 | +0.068% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.98 | +0.076% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0128% | 1h | 338.98 | +0.077% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0144% | 1h | 339.00 | +0.083% | $661K | $675K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.83 | +0.328% | $191K | $44K | 30x | as long as short |
| tradeXYZ xyz:AAPL | +0.0221% | 1h | 339.00 | +0.083% | $41.0M | $77.0M | 20x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.08 | +0.106% | $2K | $12K | 20x | as long as short |
| Arcus AAPL-USD | +0.0310% | 1h | 338.98 | +0.077% | $270K | $69K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
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
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD