Funding you earn now, next payment 00:00 UTC+0.0769%/8h= +84.3% APRpaid last 24h +0.175%
Price spread now: Coinbase International against edgeX+0.033%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.430%+$43 on $10k
+Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.033%, 7d avg −0.051%
=Together, before fees+0.399%+ Points / potential airdropedgeX: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Coinbase International is 0.083% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.051%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.430% in total (about 22.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX AAPLUSDC | 338.92 | −0.0585 | get 0.0293% / 4h | 3h 52m | $81K | $325K | 20x |
| Short | Coinbase International AAPL-PERP-INTX | 339.03 | 0.0184 | get 0.0023% / 1h | 52m 49s | $660K | $674K | 10x |
edgeX AAPLUSDC
Coinbase International AAPL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- $161.58
- Price spread: +0.033% → −0.051%
- $8.34
- Slippage, 4 orders
- −$14.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $136.7
- Costs to cover
- 0.332%
- Break-even
- 1.1 days
Slippage from edgeX: live order book, 20 min ago; Coinbase International: live order book, 20 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 edgeX live order book, 20 min ago | 5.31 bp | 10.2 bp −$10 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 20 min ago | 0.15 bp | 6.1 bp −$6 | 10.5 bp −$105 | 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 AAPLUSDClong | −0.0585% | 4h | 338.92 | long leg | $81K | $325K | 20x | |
| Nado AAPL-PERP | −0.0101% | 1h | 338.85 | −0.019% | $557K | $36K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0016% | 1h | 338.80 | −0.035% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.021% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.00 | +0.024% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | +0.018% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.75 | −0.050% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.02 | +0.030% | $13K | $490K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.98 | +0.018% | $363 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.88 | −0.012% | $28K | $66K | 10x | as long as short |
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUALShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.10 | +0.053% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.01 | +0.027% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.86 | −0.016% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.91 | −0.003% | $957K | $3.6M | 20x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0036% | 1h | 338.57 | −0.103% | $1.4M | $2.4M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.059% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.89 | −0.009% | $40.8M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.78 | −0.041% | $264K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.85 | −0.020% | $75K | $3K | 10x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.92 | 0.000% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0083% | 8h | 338.99 | +0.021% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.68 | −0.071% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.88 | −0.012% | $947K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.89 | −0.009% | $4K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0102% | 8h | 338.98 | +0.018% | $346K | $170K | 20x | as long as short |
| Variational Omni AAPL | +0.0104% | 8h | 338.99 | +0.019% | $2.4M | $1.4M | — | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.04 | +0.035% | $11K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0120% | 1h | 338.89 | −0.008% | $287K | $1.6M | 10x | as long as short |
| Binance AAPLUSDT | +0.0121% | 8h | 338.97 | +0.015% | $22.3M | $66.9M | 25x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0184% | 1h | 339.03 | +0.033% | $660K | $674K | 10x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.30 | +0.112% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.05 | +0.039% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.83 | −0.026% | $269K | $70K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Ondo Perps AAPL-USD.P
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
QFEX AAPL-USD
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
BloFin AAPL-USDT
Variational Omni AAPL
Aevo AAPL-PERP
Extended AAPL_24_5-USD
Binance AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD