Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.079%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 2 days (all we have)+0.009%+$1 · spread now +0.079%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 338.79 | 0 | get 0.0000% / 8h | 22m 14s | $3.0M | $4.2M | 100x |
| Short | Binance AAPLUSDT | 339.06 | 0.0108 | get 0.0108% / 8h | 22m 14s | $22.4M | $67.0M | 25x |
Gate AAPL_USDT
Binance AAPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $22.64
- Price spread: +0.079% → +0.063%
- $1.6
- Slippage, 4 orders
- −$18.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.95
- Costs to cover
- 0.432%
- Break-even
- 12.9 days
Slippage from Gate: live order book, 6 min ago; Binance: live order book, 5 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 Gate live order book, 6 min ago | 1.33 bp | 19.9 bp −$20 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.15 bp | 5.1 bp −$5 | 7.2 bp −$72 | 28.9 bp −$2,892 | 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 | −0.0702% | 4h | 339.01 | +0.064% | $81K | $325K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.02 | +0.068% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.07 | +0.083% | $6.0M | $39.2M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.00 | +0.062% | $6.5M | $6.8M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 338.79 | long leg | $3.0M | $4.2M | 100x | |
| SunX AAPL-USDT | 0.0000% | 8h | 339.06 | +0.080% | $478 | $4.8M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.67 | −0.035% | $28K | $66K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.11 | +0.094% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.06 | +0.080% | $2.1M | $7K | 10x | as long as short |
| GRVT AAPL_USDT_Perp | +0.0021% | 8h | 339.08 | +0.085% | $14K | $498K | 10x | as long as short |
edgeX AAPLUSDC
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AAPL | +0.0032% | 1h | 338.98 | +0.056% | $966K | $3.8M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.72 | −0.021% | — | $53K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.90 | +0.032% | $265K | $394K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.93 | +0.041% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.78 | −0.003% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0064% | 1h | 339.04 | +0.074% | $3.2M | $5.1M | 10x | as long as short |
| Bitget AAPLUSDT | +0.0065% | 8h | 339.07 | +0.083% | $6.2M | $3.5M | 100x | as long as short |
| Lighter AAPL | +0.0072% | 1h | 338.93 | +0.041% | $772K | $2.4M | 20x | as long as short |
| Variational Omni AAPL | +0.0081% | 8h | 339.05 | +0.075% | $2.4M | $1.4M | — | as long as short |
| Hotstuff AAPL-PERP | +0.0088% | 1h | 338.92 | +0.038% | $36K | — | 20x | as long as short |
| BloFin AAPL-USDT | +0.0099% | 8h | 339.05 | +0.077% | $350K | $167K | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.83 | +0.012% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.77 | −0.006% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.97 | +0.053% | $4K | — | 10x | as long as short |
| Extended AAPL_24_5-USD | +0.0104% | 1h | 339.00 | +0.062% | $285K | $1.5M | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.01 | +0.065% | $11K | — | 10x | as long as short |
| Binance AAPLUSDTshort | +0.0108% | 8h | 339.06 | +0.079% | $22.4M | $67.0M | 25x | |
| Nado AAPL-PERP | +0.0118% | 1h | 338.81 | +0.005% | $556K | $33K | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0185% | 1h | 338.92 | +0.038% | $40.8M | $76.2M | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0192% | 1h | 339.03 | +0.071% | $660K | $676K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.50 | +0.210% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.02 | +0.068% | $5K | $8K | 20x | as long as short |
| Arcus AAPL-USD | +0.0397% | 1h | 338.92 | +0.038% | $269K | $70K | 20x | as long as short |
Lighter RH AAPL
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Bitget AAPLUSDT
Lighter AAPL
Variational Omni AAPL
Hotstuff AAPL-PERP
BloFin AAPL-USDT
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Extended AAPL_24_5-USD
Aevo AAPL-PERP
Nado AAPL-PERP
tradeXYZ xyz:AAPL
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD