Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%
Price spread now: Bitget against tradeXYZ+0.059%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now +0.059%, 7d avg +0.103%
=Together, before fees+0.057%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.103%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AAPL | 338.99 | 0.0050 | pay 0.0006% / 1h | 50m 17s | $40.7M | $75.8M | 20x |
| Short | Bitget AAPLUSDT | 339.19 | 0 | get 0.0000% / 8h | 5h 50m | $6.2M | $3.5M | 100x |
tradeXYZ xyz:AAPL
Bitget AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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: +0.059% → +0.103%
- −$4.44
- Slippage, 4 orders
- −$7.83
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.78
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Bitget: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.44 bp | 9.7 bp −$10 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.15 bp | 9.1 bp −$9 | 13.7 bp −$137 | 42.7 bp −$4,270 | doesn't fit |
AAPL on 32 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 | −0.0552% | 4h | 339.08 | +0.025% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0083% | 1h | 339.00 | +0.003% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.05 | +0.018% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.01 | +0.005% | $285K | $2.0M | 10x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.11 | +0.035% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.16 | +0.050% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.88 | −0.032% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDTshort | 0.0000% | 8h | 339.19 | +0.059% | $6.2M | $3.5M | 100x | |
| Variational Omni AAPL | 0.0000% | 8h | 339.13 | +0.043% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.17 | +0.052% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Variational Omni AAPL
GRVT AAPL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 339.13 | +0.041% | $519 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.94 | −0.015% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.26 | +0.080% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.17 | +0.053% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0004% | 8h | 339.09 | +0.031% | $22.3M | $67.0M | 25x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 339.05 | +0.018% | $3.3M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.02 | +0.008% | $754K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.06 | +0.021% | $949K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.02 | +0.009% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.94 | −0.015% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.98 | −0.003% | $656K | $664K | 10x | as long as short |
| tradeXYZ xyz:AAPLlong | +0.0050% | 1h | 338.99 | long leg | $40.7M | $75.8M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.86 | −0.038% | $262K | $371K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.04 | +0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.87 | −0.035% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.07 | +0.024% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.07 | +0.024% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.97 | −0.006% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.01 | +0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.97 | −0.005% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.90 | −0.027% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.13 | +0.041% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Binance AAPLUSDT
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
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL