Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.014%
Price spread now: Arcus against Coinbase International+0.029%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 4 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.029%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAPL-PERP-INTX | 339.55 | 0.0048 | pay 0.0006% / 1h | 5m 00s | $660K | $661K | 10x |
| Short | Arcus AAPL-USD | 339.65 | 0.0040 | get 0.0005% / 1h | 5m 00s | $267K | $60K | 20x |
Coinbase International AAPL-PERP-INTX
Arcus AAPL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- −$1.62
- Price spread: +0.029% → +0.013%
- $1.63
- Slippage, 4 orders
- −$19.26
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$33.75
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 43 min ago; Arcus: live order book, 43 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 Coinbase International live order book, 43 min ago | 2.21 bp | 7.2 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 43 min ago | 3.98 bp | 10.3 bp −$10 | 12.5 bp −$125 | 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 | −0.0678% | 4h | 339.79 | +0.070% | $81K | $327K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0128% | 1h | 339.71 | +0.047% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | −0.0114% | 1h | 339.72 | +0.049% | $556K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0025% | 8h | 339.83 | +0.082% | $339K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.68 | +0.039% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.75 | +0.059% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.84 | +0.085% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.83 | +0.082% | $5.8M | $96.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.81 | +0.077% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.59 | +0.012% | $3.0M | $4.9M | 100x | as long as short |
edgeX AAPLUSDC
Hotstuff AAPL-PERP
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.93 | +0.112% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.86 | +0.090% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.79 | +0.072% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.82 | +0.080% | $734 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.70 | +0.044% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.94 | +0.115% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.86 | +0.091% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.74 | +0.056% | $3.3M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.74 | +0.056% | $911K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.75 | +0.059% | $945K | $3.7M | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0040% | 1h | 339.65 | +0.029% | $267K | $60K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.56 | +0.003% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTXlong | +0.0048% | 1h | 339.55 | long leg | $660K | $661K | 10x | |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.75 | +0.059% | $40.6M | $76.6M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.68 | +0.038% | $282K | $415K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.75 | +0.059% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.58 | +0.009% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.56 | +0.003% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.62 | +0.021% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.68 | +0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.69 | +0.041% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.87 | +0.094% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.59 | +0.012% | $191K | $44K | 30x | as long as short |
Bitget AAPLUSDT
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
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP