Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: ApeX Omni against tradeXYZ−0.050%105s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 7 days+0.117%+$12 · spread now −0.050%, 7d avg +0.060%
=Together, before fees+0.358%+ Points / potential airdroptradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.110% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.240%, so the current rate has only just turned against you. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAPL | 338.93 | 0.0197 | pay 0.0025% / 1h | 35m 41s | $40.9M | $76.2M | 20x |
| Short | ApeX Omni AAPLUSDT | 338.76 | 0.0100 | get 0.0013% / 1h | 35m 41s | $946K | $10.9M | 50x |
tradeXYZ xyz:AAPL
ApeX Omni AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- −$20.45
- Price spread: −0.050% → +0.060%
- −$11.05
- Slippage, 4 orders
- −$5.44
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$64.94
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; ApeX Omni: 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 tradeXYZ live order book, 4 min ago | 0.15 bp | 9.8 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 1.92 bp | 7.3 bp −$7 | 9.0 bp −$90 | 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 | −0.0527% | 4h | 339.09 | +0.047% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.02 | +0.027% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.14 | +0.062% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.08 | +0.044% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | −0.015% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.11 | +0.053% | $634 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.25 | +0.094% | $53K | $223K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.12 | +0.056% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0012% | 8h | 339.12 | +0.057% | $14K | $498K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.04 | +0.032% | $964K | $3.8M | 20x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Lighter RH AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.065% | — | $53K | 25x | as long as short |
| Bitget AAPLUSDT | +0.0046% | 8h | 339.10 | +0.050% | $6.2M | $3.4M | 100x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.92 | −0.003% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.97 | +0.012% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.84 | −0.027% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.03 | +0.030% | $3.2M | $5.1M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0066% | 8h | 339.14 | +0.062% | $350K | $167K | 20x | as long as short |
| Variational Omni AAPL | +0.0068% | 8h | 339.12 | +0.055% | $2.4M | $1.4M | — | as long as short |
| Extended AAPL_24_5-USD | +0.0088% | 1h | 339.06 | +0.038% | $285K | $1.5M | 10x | as long as short |
| Lighter AAPL | +0.0088% | 1h | 339.00 | +0.020% | $772K | $2.4M | 20x | as long as short |
| Binance AAPLUSDT | +0.0092% | 8h | 339.12 | +0.056% | $22.4M | $67.1M | 25x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.82 | −0.032% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDTshort | +0.0100% | 1h | 338.76 | −0.050% | $946K | $10.9M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.99 | +0.018% | $4K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0104% | 1h | 338.96 | +0.009% | $36K | — | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.07 | +0.041% | $11K | — | 10x | as long as short |
| Nado AAPL-PERP | +0.0121% | 1h | 338.83 | −0.029% | $556K | $33K | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.030% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPLlong | +0.0197% | 1h | 338.93 | long leg | $40.9M | $76.2M | 20x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.55 | +0.183% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.11 | +0.053% | $2K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 338.99 | +0.018% | $270K | $70K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0517% | 1h | 339.06 | +0.038% | $28K | $66K | 10x | as long as short |
Vest AAPL-USD-PERP
Bitget AAPLUSDT
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
BloFin AAPL-USDT
Variational Omni AAPL
Extended AAPL_24_5-USD
Lighter AAPL
Binance AAPLUSDT
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Hotstuff AAPL-PERP
Aevo AAPL-PERP
Nado AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD
Deribit AAPL_USDC-PERPETUAL