Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.015%
Price spread now: Coinbase International against Aster−0.040%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.040%, 7d avg −0.067%
=Together, before fees+0.077%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.027% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster AAPLUSDT | 339.11 | 0 | get 0.0000% / 8h | 5h 55m | $122K | $291K | 20x |
| Short | Coinbase International AAPL-PERP-INTX | 338.98 | 0.0048 | get 0.0006% / 1h | 55m 43s | $656K | $671K | 10x |
Aster AAPLUSDT
Coinbase International AAPL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. 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
- $10.08
- Price spread: −0.040% → −0.067%
- $2.73
- Slippage, 4 orders
- −$32.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$37.95
- Costs to cover
- 0.508%
- Break-even
- 33.4 days
Slippage from Aster: live order book, 6 min ago; Coinbase International: live order book, 8 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 Aster live order book, 6 min ago | 2.21 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 8 min ago | 2.06 bp | 7.9 bp −$8 | 10.5 bp −$105 | doesn't fit | 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 | −0.0534% | 4h | 339.19 | +0.023% | $81K | $328K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0104% | 1h | 338.93 | −0.054% | $28K | $67K | 10x | as long as short |
| Nado AAPL-PERP | −0.0082% | 1h | 339.09 | −0.007% | $555K | $38K | 20x | as long as short |
| Aster AAPLUSDTlong | 0.0000% | 8h | 339.11 | long leg | $122K | $291K | 20x | |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.22 | +0.031% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.13 | +0.004% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.95 | −0.049% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.26 | +0.043% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.21 | +0.030% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.08 | −0.009% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
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 | 339.18 | +0.019% | $553 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.34 | +0.066% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.30 | +0.055% | $2.1M | $6K | 10x | as long as short |
| Binance AAPLUSDT | +0.0011% | 8h | 339.22 | +0.031% | $22.3M | $67.0M | 25x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 339.13 | +0.004% | $3.2M | $4.9M | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0016% | 1h | 339.13 | +0.005% | $288K | $2.0M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.06 | −0.018% | $756K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.11 | −0.001% | $950K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.07 | −0.013% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.00 | −0.034% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0048% | 1h | 338.98 | −0.040% | $656K | $671K | 10x | |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.10 | −0.004% | $40.7M | $75.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.91 | −0.060% | $262K | $396K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.11 | −0.001% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.93 | −0.054% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.11 | −0.001% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.14 | +0.007% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.97 | −0.043% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.08 | −0.010% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.09 | −0.007% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.02 | −0.028% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.33 | +0.063% | $5K | $11K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Binance AAPLUSDT
QFEX AAPL-USD
Extended AAPL_24_5-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
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