Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.051%
Price spread now: Hotstuff against Arcus+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AAPL-USD | 338.83 | 0.0040 | pay 0.0005% / 1h | 41m 27s | $269K | $70K | 20x |
| Short | Hotstuff AAPL-PERP | 338.88 | 0 | get 0.0000% / 1h | 41m 27s | $36K | — | 20x |
Arcus AAPL-USD
Hotstuff AAPL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Arcus. 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
- −$8.46
- Price spread: +0.015% → 0.000%
- $1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$16.48
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 27 min ago; Hotstuff: no order-book sample. Net counts fees only.
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 Arcus live order book, 27 min ago | 1.92 bp | 9.5 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0989% | 4h | 338.90 | +0.021% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0066% | 1h | 338.80 | −0.008% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.97 | +0.040% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.98 | +0.044% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | +0.044% | $6.4M | $6.6M | 25x | as long as short |
| Hotstuff AAPL-PERPshort | 0.0000% | 1h | 338.88 | +0.015% | $36K | — | 20x | |
| Gate AAPL_USDT | 0.0000% | 8h | 338.76 | −0.021% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.99 | +0.047% | $6.2M | $3.4M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.87 | +0.013% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.94 | +0.032% | $746 | $4.7M | 20x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.83 | 0.000% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.09 | +0.077% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.95 | +0.035% | $2.1M | $6K | 10x | as long as short |
| QFEX AAPL-USD | +0.0028% | 1h | 338.94 | +0.032% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.83 | 0.000% | $744K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.88 | +0.015% | $953K | $3.5M | 20x | as long as short |
| Variational Omni AAPL | +0.0034% | 8h | 338.90 | +0.022% | $2.4M | $1.4M | — | as long as short |
| Arcus AAPL-USDlong | +0.0040% | 1h | 338.83 | long leg | $269K | $70K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.71 | −0.035% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.68 | −0.044% | $261K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.90 | +0.021% | $75K | $3K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0050% | 8h | 338.91 | +0.024% | $347K | $169K | 20x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.71 | −0.035% | $1.4M | $2.4M | 20x | as long as short |
| Binance AAPLUSDT | +0.0063% | 8h | 338.95 | +0.035% | $22.2M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0064% | 1h | 338.87 | +0.011% | $284K | $2.0M | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0096% | 1h | 338.90 | +0.021% | $40.8M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.70 | −0.038% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.69 | −0.041% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.87 | +0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.85 | +0.005% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.094% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.65 | −0.053% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 338.95 | +0.035% | $5K | $11K | 20x | as long as short |
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Variational Omni AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
BloFin AAPL-USDT
Ondo Perps AAPL-USD.P
Binance AAPLUSDT
Extended AAPL_24_5-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL