Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Binance−0.019%91s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as 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−$240.240% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.019%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 0.031% cheaper against Binance than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.012%). If the spread goes back, that is −$3 on $10k: about 3.4 days of funding at the current rate (+$1 a day). The two prices were read 91 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 | Binance AAPLUSDT | 339.34 | 0 | get 0.0000% / 8h | 3h 17m | $21.9M | $67.1M | 25x |
| Short | BloFin AAPL-USDT | 339.28 | 0.0030 | get 0.0030% / 8h | 3h 17m | $340K | $168K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $6.28
- Price spread: −0.019% → +0.012%
- −$3.06
- Slippage, 4 orders
- −$1.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.77
- Costs to cover
- 0.240%
- Break-even
- 30.2 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 12 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 Binance live order book, 10 min ago | 0.15 bp | 5.6 bp −$6 | 7.6 bp −$76 | 32.9 bp −$3,290 | doesn't fit |
| Sell BloFin live order book, 12 min ago | 0.29 bp | 6.4 bp −$6 | 8.1 bp −$81 | 15.7 bp −$1,567 | 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 | −0.0384% | 4h | 339.22 | −0.035% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0079% | 1h | 339.24 | −0.031% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.29 | −0.017% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.27 | −0.023% | $287K | $1.6M | 10x | as long as short |
| Binance AAPLUSDTlong | 0.0000% | 8h | 339.34 | long leg | $21.9M | $67.1M | 25x | |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.30 | −0.013% | $5.8M | $70.5M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.34 | −0.001% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.05 | −0.087% | $3.0M | $4.5M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.40 | +0.016% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.29 | −0.017% | $2.4M | $1.4M | — | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.26 | −0.025% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.31 | −0.010% | $546 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.30 | −0.013% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.43 | +0.025% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.32 | −0.007% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDTshort | +0.0030% | 8h | 339.28 | −0.019% | $340K | $168K | 20x | |
| QFEX AAPL-USD | +0.0030% | 1h | 339.19 | −0.045% | $3.2M | $4.5M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.23 | −0.034% | $781K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.24 | −0.031% | $940K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0032% | 1h | 339.18 | −0.048% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.09 | −0.075% | $266K | $61K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.15 | −0.057% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.22 | −0.037% | $40.5M | $76.1M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.18 | −0.048% | $278K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.23 | −0.034% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.02 | −0.096% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | −0.166% | $661K | $657K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.29 | −0.016% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.20 | −0.042% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.16 | −0.054% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.21 | −0.040% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.02 | −0.096% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.27 | −0.022% | $5K | $11K | 20x | as long as short |
Binance AAPLUSDT
BloFin AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL