Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Bybit−0.056%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.056%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAPLUSDT | 340.37 | 0 | get 0.0000% / 8h | 3h 22m | $5.9M | $288.9M | 100x |
| Short | KuCoin AAPLUSDTM | 340.18 | 0.0100 | get 0.0100% / 8h | 3h 22m | $1.4M | $282K | 20x |
Bybit AAPLUSDT
KuCoin AAPLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $21
- Price spread: −0.056% → −0.053%
- −$0.32
- Slippage, 4 orders
- −$40.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.56
- Costs to cover
- 0.632%
- Break-even
- 21.2 days
Slippage from Bybit: live order book, 10 min ago; KuCoin: live order book, 6 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 Bybit live order book, 10 min ago | 0.15 bp | 5.9 bp −$6 | 6.9 bp −$69 | 14.7 bp −$1,474 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.29 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 32 exchanges
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 | −0.0623% | 4h | 340.36 | −0.003% | $81K | $322K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.27 | −0.029% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 340.33 | −0.013% | $287K | $2.4M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.43 | +0.018% | $22.1M | $66.8M | 25x | as long as short |
| Bybit AAPLUSDTlong | 0.0000% | 8h | 340.37 | long leg | $5.9M | $288.9M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.41 | +0.012% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 340.18 | −0.056% | $3.0M | $7.5M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.41 | +0.012% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.45 | +0.025% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.39 | +0.006% | $15K | $374K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 340.45 | +0.024% | $490 | $3.9M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.53 | +0.047% | $62K | $243K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.23 | −0.041% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0010% | 8h | 340.42 | +0.015% | $354K | $165K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 340.25 | −0.035% | $28K | $58K | 10x | as long as short |
| QFEX AAPL-USD | +0.0018% | 1h | 340.32 | −0.015% | $3.3M | $4.2M | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 340.34 | −0.009% | $1.0M | $3.1M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 340.25 | −0.035% | $268K | $42K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 340.14 | −0.068% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 340.26 | −0.032% | $270K | $356K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 340.30 | −0.021% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 340.15 | −0.065% | $1.3M | $2.9M | 20x | as long as short |
| Nado AAPL-PERP | +0.0057% | 1h | 340.24 | −0.040% | $557K | $27K | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0073% | 1h | 340.26 | −0.032% | $40.7M | $76.7M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 340.04 | −0.097% | $666K | $630K | 10x | as long as short |
| Lighter AAPL | +0.0088% | 1h | 340.38 | +0.004% | $939K | $2.5M | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 340.18 | −0.056% | $1.4M | $282K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 340.08 | −0.085% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 340.30 | −0.021% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 340.32 | −0.014% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.38 | +0.003% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.69 | +0.094% | $192K | $44K | 30x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Lighter AAPL
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP