Funding you earn now, next payment 23:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.041%
Price spread now: BloFin against Injective−0.138%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 3 days (all we have)+0.263%+$26 · spread now −0.138%, 7d avg −0.061%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.077% cheaper against Injective than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 339.55 | 0.0220 | pay 0.0028% / 1h | 23m 40s | $191K | $44K | 30x |
| Short | BloFin AAPL-USDT | 339.08 | −0.0015 | pay 0.0015% / 8h | 1h 23m | $352K | $168K | 20x |
Injective AAPL/USDC PERP
BloFin AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- −$49.26
- Price spread: −0.138% → −0.061%
- −$7.72
- Slippage, 4 orders
- −$22.09
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.1
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Injective: live order book, 60 min ago; BloFin: live order book, 56 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 Injective live order book, 60 min ago | 10.03 bp | 10.0 bp −$10 | 10.0 bp −$100 | 57595.0 bp −$5.76M | 327974.4 bp −$163.99M |
| Sell BloFin live order book, 56 min ago | 0.29 bp | 6.7 bp −$7 | 10.4 bp −$104 | 22.9 bp −$2,294 | 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 | −0.0400% | 4h | 339.11 | −0.131% | $81K | $325K | 20x | as long as short |
| BloFin AAPL-USDTshort | −0.0015% | 8h | 339.08 | −0.138% | $352K | $168K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 339.12 | −0.126% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.03 | −0.153% | $285K | $1.5M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.10 | −0.133% | $22.4M | $67.4M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.14 | −0.121% | $6.1M | $39.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.06 | −0.144% | $6.6M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.90 | −0.191% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.08 | −0.138% | $6.2M | $3.3M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | −0.122% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.12 | −0.128% | $14K | $498K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.07 | −0.141% | $980 | $4.8M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.20 | −0.103% | $53K | $222K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.15 | −0.118% | $2.1M | $7K | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.01 | −0.159% | $968K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.247% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.88 | −0.197% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.99 | −0.165% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.71 | −0.247% | $1.5M | $2.4M | 20x | as long as short |
| Lighter AAPL | +0.0056% | 1h | 338.98 | −0.167% | $769K | $2.5M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.99 | −0.165% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.98 | −0.168% | $36K | — | 20x | as long as short |
| Nado AAPL-PERP | +0.0085% | 1h | 338.82 | −0.215% | $556K | $34K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.84 | −0.209% | $1.4M | $28K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.230% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.94 | −0.180% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.02 | −0.157% | $11K | — | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0134% | 1h | 338.92 | −0.186% | $28K | $65K | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | −0.153% | $660K | $677K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0184% | 1h | 338.98 | −0.168% | $40.9M | $76.6M | 20x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 339.55 | long leg | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0354% | 1h | 339.16 | −0.115% | $2K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0364% | 1h | 338.98 | −0.168% | $270K | $70K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Lighter AAPL
QFEX AAPL-USD
Hotstuff AAPL-PERP
Nado AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Phoenix AAPL
Arcus AAPL-USD