Funding you earn now, next payment 04:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.060%
Price spread now: Injective against tradeXYZ−0.003%7-day average +0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.471%+$47 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.003%, 7d avg +0.157%
=Together, before fees+0.453%+ Points / potential airdroptradeXYZ: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.160% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.157%). If the spread goes back, that is −$16 on $10k: about 3.1 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAPL | 338.73 | 0.0050 | pay 0.0006% / 1h | 13m 17s | $40.5M | $76.0M | 20x |
| Short | Injective AAPL/USDC PERP | 338.72 | 0.0220 | get 0.0028% / 1h | 13m 17s | $191K | $44K | 30x |
tradeXYZ xyz:AAPL
Injective AAPL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $35.7
- Price spread: −0.003% → +0.157%
- −$16
- Slippage, 4 orders
- −$21.67
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$19.99
- Costs to cover
- 0.397%
- Break-even
- 10.9 days
Slippage from tradeXYZ: live order book, 5 min ago; Injective: live order book, 46 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, 5 min ago | 0.44 bp | 10.0 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Injective live order book, 46 min ago | 8.56 bp | 11.3 bp −$11 | 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 | −0.0152% | 4h | 338.89 | +0.046% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0024% | 1h | 338.74 | +0.004% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.77 | +0.012% | $122K | $290K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.81 | +0.023% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.90 | +0.050% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.80 | +0.021% | $5.9M | $47.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.91 | +0.053% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.69 | −0.012% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.96 | +0.068% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.94 | +0.063% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | +0.077% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.93 | +0.059% | $383 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.67 | −0.018% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.077% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.065% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0022% | 8h | 338.90 | +0.050% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 338.86 | +0.038% | $3.2M | $4.6M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.73 | +0.001% | $782K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.76 | +0.009% | $946K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.82 | +0.027% | $266K | $67K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.003% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPLlong | +0.0050% | 1h | 338.73 | long leg | $40.5M | $76.0M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.73 | 0.000% | $278K | $422K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.77 | +0.012% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.66 | −0.021% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 338.78 | +0.015% | $659K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.79 | +0.018% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.78 | +0.015% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.77 | +0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.78 | +0.015% | $11K | — | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0152% | 1h | 338.80 | +0.021% | $36K | — | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 338.72 | −0.003% | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0283% | 1h | 338.97 | +0.071% | $5K | $11K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Hotstuff AAPL-PERP
Phoenix AAPL