Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.033%
Price spread now: KuCoin against Bitget−0.035%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1451.446% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.035%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AAPLUSDT | 339.83 | 0 | get 0.0000% / 8h | 4m 39s | $6.2M | $3.6M | 100x |
| Short | KuCoin AAPLUSDTM | 339.71 | 0.0100 | get 0.0100% / 8h | 4m 39s | $1.4M | $55K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.035% → −0.074%
- $3.86
- Slippage, 4 orders
- −$120.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.73
- Costs to cover
- 1.446%
- Break-even
- 46.9 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 11 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, 4 min ago | 0.15 bp | 9.4 bp −$9 | 13.2 bp −$132 | 43.3 bp −$4,333 | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 6.03 bp | 59.5 bp −$59 | doesn't fit | 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 | −0.0565% | 4h | 339.79 | −0.012% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0142% | 1h | 339.70 | −0.037% | $556K | $37K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0074% | 1h | 339.61 | −0.065% | $28K | $69K | 10x | as long as short |
| Hotstuff AAPL-PERP | −0.0048% | 1h | 339.76 | −0.021% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.73 | −0.029% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.75 | −0.024% | $286K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.84 | +0.002% | $22.1M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.86 | +0.009% | $7.4M | $165.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.77 | −0.018% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.65 | −0.053% | $3.0M | $5.6M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDTlong | 0.0000% | 8h | 339.83 | long leg | $6.2M | $3.6M | 100x | |
| Variational Omni AAPL | 0.0000% | 8h | 339.86 | +0.007% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.84 | +0.003% | $13K | $357K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.84 | +0.003% | $585 | $4.5M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.88 | +0.015% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.84 | +0.003% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0003% | 8h | 339.84 | +0.003% | $344K | $167K | 20x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.77 | −0.018% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.73 | −0.028% | $941K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.72 | −0.032% | $954K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.71 | −0.035% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.67 | −0.047% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.74 | −0.026% | $40.6M | $76.2M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.72 | −0.032% | $279K | $423K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.79 | −0.012% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.64 | −0.056% | $1.3M | $2.3M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.082% | $660K | $660K | 10x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.71 | −0.035% | $1.4M | $55K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.73 | −0.029% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.72 | −0.032% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.75 | −0.023% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.67 | −0.047% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.96 | +0.038% | $5K | $12K | 20x | as long as short |
Bitget AAPLUSDT
KuCoin AAPLUSDTM
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Coinbase International AAPL-PERP-INTX
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL