Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.5% APRnext payment +$1.15 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against BloFin−0.091%95s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1221.219% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.091%, 7d avg −0.072%
=The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AAPL-USDT | 338.93 | −0.0015 | get 0.0015% / 8h | 3h 39m | $340K | $168K | 20x |
| Short | KuCoin AAPLUSDTM | 338.62 | 0.0100 | get 0.0100% / 8h | 3h 39m | $1.4M | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $24.05
- Price spread: −0.091% → −0.072%
- −$1.91
- Slippage, 4 orders
- −$97.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$99.73
- Costs to cover
- 1.219%
- Break-even
- 36.0 days
Slippage from BloFin: live order book, 55 min ago; KuCoin: live order book, 6 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, 55 min ago | 0.15 bp | 6.5 bp −$6 | 8.3 bp −$83 | 20.7 bp −$2,071 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.49 bp | 60.2 bp −$60 | 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 | −0.0447% | 4h | 338.87 | −0.019% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0108% | 1h | 338.85 | −0.025% | $554K | $38K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0016% | 1h | 338.69 | −0.071% | $28K | $67K | 10x | as long as short |
| BloFin AAPL-USDTlong | −0.0015% | 8h | 338.93 | long leg | $340K | $168K | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 338.83 | −0.029% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.90 | −0.008% | $284K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.00 | +0.020% | $21.9M | $67.1M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.92 | −0.003% | $5.9M | $63.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.01 | +0.024% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.75 | −0.053% | $3.0M | $4.4M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 338.98 | +0.015% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.93 | −0.001% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.90 | −0.008% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.91 | −0.006% | $637 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.98 | +0.015% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.94 | +0.003% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0030% | 1h | 338.94 | +0.003% | $3.2M | $4.5M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.81 | −0.034% | $783K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.82 | −0.032% | $945K | $3.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0040% | 1h | 338.85 | −0.024% | $36K | — | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.80 | −0.038% | $266K | $63K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.78 | −0.044% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.79 | −0.041% | $40.5M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.80 | −0.038% | $278K | $405K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.77 | −0.047% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.66 | −0.080% | $1.3M | $2.5M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0096% | 1h | 338.78 | −0.044% | $661K | $657K | 10x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 338.62 | −0.091% | $1.4M | $38K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.79 | −0.041% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.81 | −0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.81 | −0.035% | $11K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.69 | −0.071% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 338.97 | +0.012% | $5K | $11K | 20x | as long as short |
BloFin AAPL-USDT
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
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
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