Funding you earn now, next payment 02:00 UTC−0.0289%/8h= −31.7% APRpaid last 24h +0.001%
Price spread now: Deribit against Binance−0.075%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Deribit is 0.075% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAPLUSDT | 339.24 | 0.0038 | pay 0.0038% / 8h | 6h 16m | $22.3M | $66.9M | 25x |
| Short | Deribit AAPL_USDC-PERPETUAL | 338.99 | −0.0251 | pay 0.0031% / 1h | 16m 59s | $28K | $67K | 10x |
Binance AAPLUSDT
Deribit AAPL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$60.79
- Price spread: −0.075% → 0.000%
- −$7.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$85.3
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
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 | 5.2 bp −$5 | 7.8 bp −$78 | 30.6 bp −$3,061 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.037% | $81K | $327K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUALshort | −0.0251% | 1h | 338.99 | −0.075% | $28K | $67K | 10x | |
| Nado AAPL-PERP | −0.0081% | 1h | 339.22 | −0.008% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.20 | −0.013% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.29 | +0.013% | $6.0M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.26 | +0.005% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.08 | −0.049% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.28 | +0.010% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.16 | −0.024% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.25 | +0.002% | $451 | $4.7M | 20x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDTShow 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 | +0.028% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.25 | +0.002% | $2.1M | $6K | 10x | as long as short |
| Variational Omni AAPL | +0.0012% | 8h | 339.19 | −0.018% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 339.13 | −0.034% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.13 | −0.034% | $743K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.18 | −0.019% | $950K | $3.5M | 20x | as long as short |
| Binance AAPLUSDTlong | +0.0038% | 8h | 339.24 | long leg | $22.3M | $66.9M | 25x | |
| Extended AAPL_24_5-USD | +0.0040% | 1h | 339.16 | −0.024% | $288K | $2.0M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 339.17 | −0.022% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.06 | −0.054% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.12 | −0.037% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.94 | −0.090% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.20 | −0.013% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.98 | −0.078% | $1.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0055% | 1h | 339.16 | −0.025% | $40.8M | $75.7M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.03 | −0.063% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.16 | −0.025% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.09 | −0.046% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.15 | −0.029% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.217% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.92 | −0.096% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.30 | +0.016% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Variational Omni AAPL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
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
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL