Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: KuCoin against Gate−0.053%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.053%, 7d avg −0.014%
=Funding pays, the price is against you. KuCoin is 0.039% cheaper against Gate than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.014%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.022% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AAPL_USDT | 339.64 | 0 | get 0.0000% / 8h | 2h 25m | $3.0M | $4.7M | 100x |
| Short | KuCoin AAPLUSDTM | 339.46 | 0.0100 | get 0.0100% / 8h | 2h 25m | $1.4M | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.053% → −0.014%
- −$3.89
- Slippage, 4 orders
- −$138.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$148
- Costs to cover
- 1.651%
- Break-even
- 56.3 days
Slippage from Gate: live order book, 2 min ago; KuCoin: 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 Gate live order book, 2 min ago | 1.91 bp | 14.4 bp −$14 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 8.98 bp | 50.0 bp −$50 | 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 AAPLUSDC | −0.0701% | 4h | 339.60 | −0.011% | $81K | $329K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0133% | 1h | 339.65 | +0.003% | $28K | $68K | 10x | as long as short |
| Nado AAPL-PERP | −0.0108% | 1h | 339.84 | +0.059% | $556K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.82 | +0.052% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.77 | +0.037% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.86 | +0.065% | $22.0M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.88 | +0.071% | $5.8M | $89.7M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.83 | +0.056% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDTlong | 0.0000% | 8h | 339.64 | long leg | $3.0M | $4.7M | 100x | |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.84 | +0.059% | $6.2M | $3.5M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.83 | +0.057% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.63 | −0.003% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.81 | +0.050% | $632 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.85 | +0.062% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.76 | +0.035% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0009% | 8h | 339.83 | +0.056% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.75 | +0.032% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.73 | +0.026% | $841K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.76 | +0.035% | $939K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.54 | −0.029% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.70 | +0.018% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.56 | −0.024% | $663K | $661K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.79 | +0.044% | $40.5M | $76.5M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | +0.006% | $278K | $409K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.72 | +0.024% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.55 | −0.026% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0080% | 1h | 339.70 | +0.018% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0100% | 8h | 339.46 | −0.053% | $1.4M | $38K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.029% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.67 | +0.009% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.72 | +0.022% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.65 | +0.003% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.40 | −0.071% | $191K | $44K | 30x | as long as short |
Gate AAPL_USDT
KuCoin AAPLUSDTM
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP