Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Arcus against ApeX Omni−0.009%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.388%−$39 · spread now −0.009%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AAPLUSDT | 339.86 | 0.0100 | pay 0.0013% / 1h | 57m 32s | $949K | $11.0M | 50x |
| Short | Arcus AAPL-USD | 339.83 | 0.0082 | get 0.0010% / 1h | 57m 32s | $267K | $60K | 20x |
ApeX Omni AAPLUSDT
Arcus AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. 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
- −$3.75
- Price spread: −0.009% → −0.015%
- $0.63
- Slippage, 4 orders
- −$14.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$32
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; Arcus: live order book, 36 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 ApeX Omni live order book, 2 min ago | 2.21 bp | 7.2 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 36 min ago | 2.80 bp | 6.1 bp −$6 | 7.9 bp −$79 | 17.1 bp −$1,712 | 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 | −0.0832% | 4h | 339.96 | +0.029% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0037% | 1h | 339.83 | −0.009% | $556K | $35K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0020% | 8h | 339.95 | +0.026% | $345K | $166K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.90 | +0.013% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.85 | −0.004% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.95 | +0.026% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 340.00 | +0.041% | $7.6M | $229.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.91 | +0.015% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.73 | −0.038% | $3.0M | $6.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.96 | +0.029% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 340.00 | +0.040% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.99 | +0.039% | $22K | $345K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.044% | $551 | $4.3M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.83 | −0.009% | $28K | $70K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.04 | +0.053% | $62K | $242K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.03 | +0.050% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0031% | 1h | 339.93 | +0.021% | $3.3M | $4.3M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.91 | +0.016% | $928K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.89 | +0.009% | $986K | $3.1M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.79 | −0.021% | — | $45K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 339.89 | +0.009% | $36K | — | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.86 | 0.000% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.87 | +0.003% | $76K | $3K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.89 | +0.009% | $40.4M | $76.7M | 20x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.71 | −0.044% | $1.3M | $2.2M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0056% | 1h | 339.97 | +0.032% | $661K | $654K | 10x | as long as short |
| Arcus AAPL-USDshort | +0.0082% | 1h | 339.83 | −0.009% | $267K | $60K | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.74 | −0.035% | $1.4M | $103K | 20x | as long as short |
| ApeX Omni AAPLUSDTlong | +0.0100% | 1h | 339.86 | long leg | $949K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.87 | +0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.82 | −0.013% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.97 | +0.032% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.35 | +0.144% | $192K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
Hotstuff AAPL-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
Ondo Perps AAPL-USD.P
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP