Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.60 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.003%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.003%, 7d avg −0.022%
=The price spread pays, funding is against you. Bybit is 0.025% dearer against Bitget than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.022%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.010% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AAPLUSDT | 339.05 | 0.0060 | pay 0.0060% / 8h | 26m 29s | $6.2M | $3.5M | 100x |
| Short | Bybit AAPLUSDT | 339.06 | 0 | get 0.0000% / 8h | 26m 29s | $6.0M | $39.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$12.6
- Price spread: +0.003% → −0.022%
- $2.45
- Slippage, 4 orders
- −$4.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.85
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago | 0.15 bp | 7.0 bp −$7 | 12.0 bp −$120 | 46.4 bp −$4,639 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.15 bp | 6.0 bp −$6 | 8.5 bp −$85 | 34.7 bp −$3,466 | 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 | −0.0258% | 4h | 339.01 | −0.013% | $81K | $324K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.97 | −0.025% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDTshort | 0.0000% | 8h | 339.06 | +0.003% | $6.0M | $39.2M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.00 | −0.015% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.81 | −0.071% | $3.0M | $4.2M | 100x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.04 | −0.003% | $922 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.72 | −0.097% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.11 | +0.018% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.05 | 0.000% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0020% | 8h | 339.11 | +0.017% | $14K | $498K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 338.96 | −0.027% | $966K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.67 | −0.112% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.88 | −0.050% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.90 | −0.044% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.080% | $1.4M | $2.4M | 20x | as long as short |
| Bitget AAPLUSDTlong | +0.0060% | 8h | 339.05 | long leg | $6.2M | $3.5M | 100x | |
| QFEX AAPL-USD | +0.0064% | 1h | 338.97 | −0.024% | $3.2M | $5.1M | 10x | as long as short |
| Lighter AAPL | +0.0072% | 1h | 338.92 | −0.038% | $772K | $2.4M | 20x | as long as short |
| Variational Omni AAPL | +0.0075% | 8h | 339.08 | +0.010% | $2.4M | $1.4M | — | as long as short |
| Hotstuff AAPL-PERP | +0.0096% | 1h | 338.92 | −0.038% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.81 | −0.071% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.70 | −0.103% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.95 | −0.029% | $4K | — | 10x | as long as short |
| Binance AAPLUSDT | +0.0104% | 8h | 339.05 | −0.001% | $22.4M | $67.0M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0104% | 1h | 338.99 | −0.018% | $285K | $1.5M | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.99 | −0.017% | $11K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0115% | 8h | 339.04 | −0.003% | $350K | $167K | 20x | as long as short |
| Nado AAPL-PERP | +0.0119% | 1h | 338.77 | −0.084% | $556K | $33K | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0188% | 1h | 338.93 | −0.035% | $40.8M | $76.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | −0.006% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.50 | +0.133% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.98 | −0.021% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 338.91 | −0.041% | $269K | $70K | 20x | as long as short |
Bitget AAPLUSDT
Bybit AAPLUSDT
edgeX AAPLUSDC
Aster AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_Perp
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Lighter AAPL
Variational Omni AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
BloFin AAPL-USDT
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL