Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.008%
Price spread now: tradeXYZ against Gate+0.047%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.047%, 7d avg −0.043%
=Together, before fees−0.101%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.091% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 339.58 | 0 | get 0.0000% / 8h | 2h 10m | $3.0M | $4.8M | 100x |
| Short | tradeXYZ xyz:AAPL | 339.74 | 0.0050 | get 0.0006% / 1h | 10m 17s | $40.6M | $76.6M | 20x |
Gate AAPL_USDT
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. 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
- $10.5
- Price spread: +0.047% → −0.043%
- $9.06
- Slippage, 4 orders
- −$13.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$26.65
- Costs to cover
- 0.462%
- Break-even
- 24.8 days
Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 9 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 Gate live order book, 3 min ago | 1.03 bp | 13.5 bp −$13 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.44 bp | 9.9 bp −$10 | 11.7 bp −$117 | 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 | −0.0614% | 4h | 339.66 | +0.025% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0118% | 1h | 339.74 | +0.046% | $556K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0008% | 1h | 339.73 | +0.044% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.73 | +0.045% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.73 | +0.046% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.85 | +0.079% | $22.1M | $67.6M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.85 | +0.080% | $7.0M | $94.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.85 | +0.080% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 339.58 | long leg | $3.0M | $4.8M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.88 | +0.088% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
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 | 339.85 | +0.078% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.81 | +0.068% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.81 | +0.068% | $483 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.91 | +0.097% | $62K | $244K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.83 | +0.074% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0012% | 8h | 339.79 | +0.062% | $340K | $168K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 339.75 | +0.050% | $28K | $68K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.74 | +0.047% | $3.3M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.72 | +0.040% | $911K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.71 | +0.038% | $946K | $3.7M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.62 | +0.012% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.62 | +0.012% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.55 | −0.009% | $660K | $662K | 10x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0050% | 1h | 339.74 | +0.047% | $40.6M | $76.6M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | +0.024% | $282K | $415K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.72 | +0.041% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.58 | 0.000% | $1.3M | $2.4M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0097% | 8h | 339.58 | 0.000% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.60 | +0.006% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.70 | +0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.71 | +0.039% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.86 | +0.082% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.56 | −0.006% | $191K | $44K | 30x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
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