AAPL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0989%/8h= +108.3% APRnext payment +$4.94 per $10,000 · paid last 24h +0.161%

Price spread now: Phemex against edgeX+0.014%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1021.022% of the position

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.014%, 7d avg +0.029%

Together, before fees+0.375%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.386% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.94 per $10,000. 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	338.90	−0.0989	get 0.0494% / 4h	2h 39m	$81K	$325K	20x
Short	Phemex AAPLUSDT	338.95	0	get 0.0000% / 4h	2h 39m	$2.1M	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee PhemexbpOrdersPrice spread, now +0.014%Rate

Funding earned: $207.63
Price spread: +0.014% → +0.029%: −$1.52
Slippage, 4 orders: −$81.23
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: $103.89
Costs to cover: 1.022%
Break-even: 3.5 days

Slippage from edgeX: live order book, 29 min ago; Phemex: 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 edgeX live order book, 29 min ago	5.32 bp	10.5 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	1.33 bp	45.2 bp −$45	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 AAPLUSDClong	−0.0989%	4h	338.90	long leg	$81K	$325K	20x
Nado AAPL-PERP	−0.0064%	1h	338.94	+0.011%	$555K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.99	+0.026%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.07	+0.049%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.11	+0.061%	$6.4M	$6.7M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	338.84	−0.018%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.84	−0.018%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.05	+0.044%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.93	+0.008%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.03	+0.038%	$997	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.97	+0.020%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.09	+0.055%	$52K	$225K	30x	as long as short
Phemex AAPLUSDTshort	0.0000%	4h	338.95	+0.014%	$2.1M	$6K	10x
QFEX AAPL-USD	+0.0028%	1h	339.00	+0.029%	$3.2M	$4.9M	10x	as long as short
Variational Omni AAPL	+0.0031%	8h	338.95	+0.016%	$2.4M	$1.4M	—	as long as short
Lighter AAPL	+0.0032%	1h	338.87	−0.010%	$744K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.91	+0.002%	$954K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.85	−0.015%	$269K	$70K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.79	−0.033%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.78	−0.036%	$262K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.97	+0.020%	$75K	$3K	10x	as long as short
BloFin AAPL-USDT	+0.0050%	8h	338.91	+0.002%	$347K	$169K	20x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.77	−0.039%	$1.4M	$2.4M	20x	as long as short
Binance AAPLUSDT	+0.0063%	8h	339.05	+0.044%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0064%	1h	338.97	+0.020%	$284K	$2.0M	10x	as long as short
tradeXYZ xyz:AAPL	+0.0096%	1h	338.98	+0.023%	$40.8M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.80	−0.030%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.69	−0.063%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.97	+0.020%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.93	+0.009%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0136%	1h	338.51	−0.116%	$655K	$665K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.71	−0.057%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	338.98	+0.023%	$5K	$11K	20x	as long as short