Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h +0.012%
Price spread now: Deribit against Extended−0.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.034% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAPL_24_5-USD | 338.94 | 0.0120 | pay 0.0015% / 1h | 51m 35s | $288K | $1.6M | 10x |
| Short | Deribit AAPL_USDC-PERPETUAL | 338.82 | 0 | get 0.0000% / 1h | 51m 35s | $28K | $66K | 10x |
Extended AAPL_24_5-USD
Deribit AAPL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$25.2
- Price spread: −0.034% → 0.000%
- −$3.44
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$40.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
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 Extended live order book, 2 min ago | 0.15 bp | 3.8 bp −$4 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0218% | 4h | 338.92 | −0.005% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0080% | 1h | 338.82 | −0.034% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.97 | +0.011% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.04 | +0.030% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.00 | +0.019% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.77 | −0.049% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.93 | −0.002% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.99 | +0.016% | $458 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUALshort | 0.0000% | 1h | 338.82 | −0.034% | $28K | $66K | 10x | |
| HTX AAPL-USDT | 0.0000% | 8h | 339.03 | +0.028% | $53K | $225K | 30x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAPLUSDT | 0.0000% | 4h | 339.03 | +0.028% | $2.1M | $6K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 338.90 | −0.011% | $36K | — | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.85 | −0.025% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.89 | −0.014% | $957K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.77 | −0.049% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.91 | −0.008% | $40.8M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.78 | −0.046% | $264K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.87 | −0.020% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.64 | −0.088% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.99 | +0.016% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0081% | 8h | 338.98 | +0.013% | $6.2M | $3.4M | 100x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.66 | −0.082% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.81 | −0.037% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.91 | −0.008% | $4K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0102% | 8h | 338.98 | +0.013% | $346K | $170K | 20x | as long as short |
| Variational Omni AAPL | +0.0104% | 8h | 338.99 | +0.014% | $2.4M | $1.4M | — | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.93 | −0.001% | $11K | — | 10x | as long as short |
| Binance AAPLUSDT | +0.0119% | 8h | 339.01 | +0.023% | $22.3M | $66.9M | 25x | as long as short |
| Extended AAPL_24_5-USDlong | +0.0120% | 1h | 338.94 | long leg | $288K | $1.6M | 10x | |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.028% | $660K | $674K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.30 | +0.107% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.05 | +0.033% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.86 | −0.023% | $269K | $70K | 20x | as long as short |
Phemex AAPLUSDT
Hotstuff AAPL-PERP
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Bitget AAPLUSDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
BloFin AAPL-USDT
Variational Omni AAPL
Aevo AAPL-PERP
Binance AAPLUSDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD