Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against HTX−0.044%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.044%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.031% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AAPL-USDT | 339.31 | 0 | get 0.0000% / 8h | 2h 46m | $53K | $225K | 30x |
| Short | BloFin AAPL-USDT | 339.16 | −0.0020 | pay 0.0020% / 8h | 2h 46m | $342K | $168K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- −$4.26
- Price spread: −0.044% → −0.014%
- −$3.07
- Slippage, 4 orders
- −$10.79
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.12
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from HTX: live order book, 65 min ago; BloFin: 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 HTX live order book, 65 min ago | 2.80 bp | 8.8 bp −$9 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 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 | −0.0272% | 4h | 339.12 | −0.056% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0031% | 1h | 339.01 | −0.088% | $555K | $38K | 20x | as long as short |
| BloFin AAPL-USDTshort | −0.0020% | 8h | 339.16 | −0.044% | $342K | $168K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.05 | −0.077% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.09 | −0.065% | $278K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.18 | −0.038% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.17 | −0.041% | $5.9M | $89.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.18 | −0.038% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.97 | −0.100% | $3.0M | $4.6M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.25 | −0.018% | $6.2M | $3.5M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.25 | −0.019% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.24 | −0.021% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.16 | −0.044% | $610 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.98 | −0.097% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDTlong | 0.0000% | 8h | 339.31 | long leg | $53K | $225K | 30x | |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.19 | −0.035% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.08 | −0.068% | $3.2M | $4.4M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 339.02 | −0.085% | $36K | — | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.02 | −0.086% | $835K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.05 | −0.077% | $946K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.02 | −0.085% | $266K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.94 | −0.109% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.08 | −0.068% | $662K | $657K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.03 | −0.083% | $40.5M | $76.3M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.10 | −0.062% | $277K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.03 | −0.083% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.90 | −0.121% | $1.3M | $2.5M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.07 | −0.071% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.97 | −0.100% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.07 | −0.071% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.06 | −0.072% | $11K | — | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.27 | −0.012% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.95 | −0.106% | $191K | $44K | 30x | as long as short |
HTX AAPL-USDT
BloFin AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
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
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP