Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Arcus against ApeX Omni+0.027%53s7-day average −0.016% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.342% of the position
Funding, last 4 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.027%, 7d avg −0.016%
=The price spread pays, funding is against you. Arcus is 0.042% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.016%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.026% in total) that is about 6.1 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AAPLUSDT | 339.40 | 0.0100 | pay 0.0013% / 1h | 14m 26s | $948K | $11.0M | 50x |
| Short | Arcus AAPL-USD | 339.49 | 0.0040 | get 0.0005% / 1h | 14m 26s | $267K | $60K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. 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
- −$12.54
- Price spread: +0.027% → −0.016%
- $4.25
- Slippage, 4 orders
- −$19.7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$42.49
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; Arcus: live order book, 29 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 ApeX Omni live order book, 5 min ago | 2.21 bp | 7.2 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 29 min ago | 2.65 bp | 9.8 bp −$10 | 12.7 bp −$127 | 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 | −0.0170% | 4h | 339.53 | +0.040% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0049% | 1h | 339.41 | +0.002% | $555K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0024% | 1h | 339.50 | +0.029% | $36K | — | 20x | as long as short |
| BloFin AAPL-USDT | −0.0015% | 8h | 339.60 | +0.059% | $341K | $169K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.49 | +0.026% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.49 | +0.027% | $286K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.59 | +0.056% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.66 | +0.077% | $5.9M | $123.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.57 | +0.050% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.40 | 0.000% | $3.0M | $5.2M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.62 | +0.065% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.60 | +0.057% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.57 | +0.049% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.58 | +0.053% | $462 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.71 | +0.091% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.60 | +0.059% | $2.1M | $7K | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0015% | 1h | 339.37 | −0.009% | $28K | $69K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.46 | +0.018% | $3.3M | $4.3M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | +0.044% | $660K | $668K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.50 | +0.030% | $944K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.50 | +0.029% | $944K | $3.6M | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0040% | 1h | 339.49 | +0.027% | $267K | $60K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.30 | −0.029% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.46 | +0.018% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.53 | +0.038% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.26 | −0.041% | $1.3M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0068% | 1h | 339.48 | +0.024% | $40.6M | $76.5M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.32 | −0.024% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDTlong | +0.0100% | 1h | 339.40 | long leg | $948K | $11.0M | 50x | |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.35 | −0.015% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.39 | −0.002% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.75 | +0.103% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.33 | −0.021% | $191K | $44K | 30x | as long as short |
ApeX Omni AAPLUSDT
edgeX AAPLUSDC
BloFin AAPL-USDT
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
HTX AAPL-USDT
Phemex AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
Phoenix AAPL
Injective AAPL/USDC PERP