Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.035%
Price spread now: Arcus against Injective+0.024%7-day average −0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 4 days (all we have)−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.024%, 7d avg −0.115%
=The price spread pays, funding is against you. Arcus is 0.138% dearer against Injective than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.115%): +$14 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AAPL/USDC PERP | 339.51 | 0.0220 | pay 0.0028% / 1h | 44m 48s | $191K | $44K | 30x |
| Short | Arcus AAPL-USD | 339.59 | 0.0040 | get 0.0005% / 1h | 44m 48s | $267K | $60K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- −$37.74
- Price spread: +0.024% → −0.115%
- $13.81
- Slippage, 4 orders
- −$34.11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$62.57
- Costs to cover
- 0.386%
- Break-even
- never at this rate
Slippage from Injective: live order book, 64 min ago; Arcus: live order book, 63 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 Injective live order book, 64 min ago | 9.88 bp | 9.9 bp −$10 | 9.9 bp −$99 | 57599.3 bp −$5.76M | 327995.9 bp −$164.00M |
| Sell Arcus live order book, 63 min ago | 3.98 bp | 10.3 bp −$10 | 12.5 bp −$125 | 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 | −0.0783% | 4h | 339.73 | +0.064% | $81K | $328K | 20x | as long as short |
| Nado AAPL-PERP | −0.0043% | 1h | 339.52 | +0.002% | $555K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0018% | 8h | 339.67 | +0.047% | $341K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.59 | +0.024% | $121K | $293K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.58 | +0.020% | $288K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.66 | +0.044% | $22.1M | $67.7M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.68 | +0.050% | $5.9M | $107.9M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.75 | +0.071% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.44 | −0.021% | $3.0M | $5.0M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.74 | +0.068% | $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 | 339.73 | +0.063% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.73 | +0.065% | $16K | $402K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.65 | +0.041% | $761 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.54 | +0.009% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.71 | +0.059% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.76 | +0.074% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.65 | +0.041% | $3.2M | $4.3M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 339.55 | +0.012% | $660K | $656K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.63 | +0.035% | $908K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.63 | +0.035% | $951K | $3.6M | 20x | as long as short |
| Arcus AAPL-USDshort | +0.0040% | 1h | 339.59 | +0.024% | $267K | $60K | 20x | |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.47 | −0.012% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.56 | +0.015% | $280K | $417K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.58 | +0.021% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.41 | −0.029% | $1.3M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0071% | 1h | 339.61 | +0.029% | $40.6M | $76.6M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0088% | 1h | 339.60 | +0.027% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.41 | −0.029% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.61 | +0.029% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.59 | +0.024% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.58 | +0.022% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.85 | +0.100% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 339.51 | long leg | $191K | $44K | 30x |
Injective AAPL/USDC PERP
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Phoenix AAPL