Funding you earn now, next payment 02:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h +0.004%
Price spread now: tradeXYZ against SunX−0.027%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.027%, 7d avg −0.088%
=Together, before fees−0.090%+ Points / potential airdroptradeXYZ: Active · farm board−$9 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 0.061% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AAPL-USDT | 339.25 | 0 | get 0.0000% / 8h | 6h 17m | $451 | $4.7M | 20x |
| Short | tradeXYZ xyz:AAPL | 339.16 | 0.0055 | get 0.0007% / 1h | 17m 00s | $40.8M | $75.7M | 20x |
SunX AAPL-USDT
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against SunX. 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
- $11.63
- Price spread: −0.027% → −0.088%
- $6.1
- Slippage, 4 orders
- −$92.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$100.64
- Costs to cover
- 1.184%
- Break-even
- 67.6 days
Slippage from SunX: live order book, 11 min ago; tradeXYZ: 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 SunX live order book, 11 min ago | 44.68 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.15 bp | 9.6 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
AAPL on 32 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 | −0.0302% | 4h | 339.12 | −0.039% | $81K | $327K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0251% | 1h | 338.99 | −0.077% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0081% | 1h | 339.22 | −0.009% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.20 | −0.015% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.29 | +0.012% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.26 | +0.003% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.08 | −0.050% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.28 | +0.009% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.16 | −0.025% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDTlong | 0.0000% | 8h | 339.25 | long leg | $451 | $4.7M | 20x |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.34 | +0.027% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.25 | 0.000% | $2.1M | $6K | 10x | as long as short |
| Variational Omni AAPL | +0.0012% | 8h | 339.19 | −0.019% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.13 | −0.035% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.13 | −0.036% | $743K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.18 | −0.021% | $950K | $3.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.0038% | 8h | 339.24 | −0.002% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0040% | 1h | 339.16 | −0.025% | $288K | $2.0M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 339.17 | −0.024% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.06 | −0.056% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.12 | −0.038% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.94 | −0.091% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.20 | −0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.98 | −0.080% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0055% | 1h | 339.16 | −0.027% | $40.8M | $75.7M | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.03 | −0.065% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.16 | −0.027% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.09 | −0.047% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.15 | −0.031% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.218% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.92 | −0.097% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.30 | +0.015% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Variational Omni AAPL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Binance AAPLUSDT
Extended AAPL_24_5-USD
Hotstuff AAPL-PERP
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL