Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against Extended−0.011%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now −0.011%, 7d avg −0.111%
=Together, before fees−0.088%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.099% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AAPL_24_5-USD | 339.71 | 0 | get 0.0000% / 1h | 20m 08s | $286K | $2.1M | 10x |
| Short | tradeXYZ xyz:AAPL | 339.67 | 0.0050 | get 0.0006% / 1h | 20m 08s | $40.4M | $76.7M | 20x |
Extended AAPL_24_5-USD
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.011% → −0.111%
- $9.92
- Slippage, 4 orders
- −$4.65
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$7.22
- Costs to cover
- 0.276%
- Break-even
- 11.8 days
Slippage from Extended: live order book, 3 min ago; tradeXYZ: live order book, 9 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 Extended live order book, 3 min ago | 0.15 bp | 3.8 bp −$4 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.29 bp | 10.0 bp −$10 | 11.8 bp −$118 | 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 | −0.0164% | 4h | 339.74 | +0.010% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0029% | 1h | 339.64 | −0.021% | $556K | $35K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0011% | 8h | 339.80 | +0.027% | $348K | $166K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0008% | 1h | 339.58 | −0.038% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.82 | +0.033% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USDlong | 0.0000% | 1h | 339.71 | long leg | $286K | $2.1M | 10x | |
| Binance AAPLUSDT | 0.0000% | 8h | 339.76 | +0.016% | $22.1M | $67.2M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.76 | +0.015% | $7.7M | $202.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.71 | 0.000% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.58 | −0.038% | $3.0M | $5.9M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
BloFin AAPL-USDT
Hotstuff AAPL-PERP
Aster AAPLUSDT
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.74 | +0.009% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.76 | +0.017% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.83 | +0.036% | $22K | $345K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.76 | +0.015% | $523 | $4.3M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.64 | −0.020% | $28K | $70K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.90 | +0.056% | $62K | $243K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.04 | +0.098% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 339.75 | +0.012% | $3.3M | $4.2M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 340.14 | +0.127% | $662K | $653K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.70 | −0.002% | $928K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.69 | −0.005% | $981K | $3.3M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.65 | −0.017% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.55 | −0.047% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0050% | 1h | 339.67 | −0.011% | $40.4M | $76.7M | 20x | |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.56 | −0.044% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.62 | −0.026% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.50 | −0.061% | $1.3M | $2.3M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.69 | −0.005% | $1.4M | $90K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.71 | 0.000% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.72 | +0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.72 | +0.005% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.97 | +0.077% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 340.53 | +0.242% | $192K | $44K | 30x | as long as short |
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP