Funding you earn now, next payment 16:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against BloFin−0.012%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.012%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, 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 | BloFin AAPL-USDT | 339.54 | 0.0019 | pay 0.0019% / 8h | 5h 48m | $349K | $165K | 20x |
| Short | Bybit AAPLUSDT | 339.50 | 0 | get 0.0000% / 8h | 5h 48m | $6.7M | $281.9M | 100x |
BloFin AAPL-USDT
Bybit AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$4.03
- Price spread: −0.012% → −0.015%
- $0.35
- Slippage, 4 orders
- −$1.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$28.19
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 59 min ago; Bybit: live order book, 4 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 BloFin live order book, 59 min ago | 0.59 bp | 6.6 bp −$7 | 7.6 bp −$76 | 20.4 bp −$2,036 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.15 bp | 5.6 bp −$6 | 5.9 bp −$59 | 12.9 bp −$1,290 | doesn't fit |
AAPL on 33 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AAPL-PERP | −0.1600% | 1h | 338.08 | −0.430% | $36K | — | 20x | as long as short |
| edgeX AAPLUSDC | −0.0885% | 4h | 339.68 | +0.042% | $81K | $327K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.47 | −0.019% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.45 | −0.025% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.58 | +0.012% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDTshort | 0.0000% | 8h | 339.50 | −0.012% | $6.7M | $281.9M | 100x | |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.52 | −0.006% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.42 | −0.035% | $3.0M | $7.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.58 | +0.012% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.69 | +0.046% | $2.5M | $1.3M | — | as long as short |
Hotstuff AAPL-PERP
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.83 | +0.085% | $13K | $336K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.56 | +0.006% | $492 | $4.2M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.47 | −0.021% | $28K | $70K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.70 | +0.047% | $62K | $242K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.72 | +0.053% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDTlong | +0.0019% | 8h | 339.54 | long leg | $349K | $165K | 20x | |
| QFEX AAPL-USD | +0.0026% | 1h | 339.48 | −0.018% | $3.2M | $4.2M | 10x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.53 | −0.003% | $1.0M | $3.1M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.37 | −0.050% | $267K | $52K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.37 | −0.050% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.49 | −0.015% | $279K | $347K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.50 | −0.012% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.37 | −0.050% | $1.3M | $2.1M | 20x | as long as short |
| Nado AAPL-PERP | +0.0055% | 1h | 339.44 | −0.029% | $555K | $29K | 20x | as long as short |
| Lighter AAPL | +0.0064% | 1h | 339.54 | −0.001% | $929K | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0076% | 1h | 339.48 | −0.018% | $40.5M | $76.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0080% | 1h | 339.77 | +0.068% | $660K | $655K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.42 | −0.035% | $1.4M | $159K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | 0.000% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.41 | −0.038% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.35 | −0.056% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.16 | +0.183% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0235% | 1h | 339.84 | +0.088% | $5K | $12K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Nado AAPL-PERP
Lighter AAPL
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL