Funding you earn now, next payment 01:00 UTC−0.0620%/8h= −67.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.052%
Price spread now: Deribit against Injective−0.056%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Deribit is 0.056% cheaper against Injective than usual: you would sell low and buy high (−$6 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 | Injective AAPL/USDC PERP | 338.50 | 0.0220 | pay 0.0028% / 1h | 4m 24s | $191K | $44K | 30x |
| Short | Deribit AAPL_USDC-PERPETUAL | 338.31 | −0.0400 | pay 0.0050% / 1h | 4m 24s | $28K | $67K | 10x |
Injective AAPL/USDC PERP
Deribit AAPL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$130.17
- Price spread: −0.056% → 0.000%
- −$5.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$142.81
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 4 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 Injective live order book, 4 min ago | 8.71 bp | 8.7 bp −$9 | 8.7 bp −$87 | 57590.4 bp −$5.76M | 327951.6 bp −$163.98M |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAPL_USDC-PERPETUALshort | −0.0400% | 1h | 338.31 | −0.056% | $28K | $67K | 10x | |
| edgeX AAPLUSDC | −0.0342% | 4h | 338.60 | +0.031% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0035% | 1h | 338.56 | +0.018% | $554K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERP | −0.0016% | 1h | 338.58 | +0.024% | $36K | — | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.68 | +0.052% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.71 | +0.062% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.71 | +0.062% | $6.4M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.53 | +0.009% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.78 | +0.083% | $6.2M | $3.4M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.66 | +0.046% | $17K | $433K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Hotstuff AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_PerpShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX AAPL-USDT | 0.0000% | 8h | 338.67 | +0.050% | $552 | $4.7M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.82 | +0.095% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.67 | +0.050% | $2.1M | $6K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.52 | +0.007% | $745K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.59 | +0.027% | $953K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.45 | −0.015% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.64 | +0.041% | $40.8M | $75.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.42 | −0.024% | $261K | $397K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.63 | +0.038% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.38 | −0.035% | $1.4M | $2.4M | 20x | as long as short |
| Variational Omni AAPL | +0.0051% | 8h | 338.68 | +0.052% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.55 | +0.015% | $3.2M | $5.0M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0068% | 8h | 338.81 | +0.092% | $345K | $169K | 20x | as long as short |
| Binance AAPLUSDT | +0.0077% | 8h | 338.70 | +0.058% | $22.2M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0080% | 1h | 338.61 | +0.033% | $284K | $2.0M | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.63 | +0.038% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.53 | +0.009% | $946K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.57 | +0.021% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.57 | +0.022% | $10K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.51 | +0.003% | $655K | $668K | 10x | as long as short |
| Injective AAPL/USDC PERPlong | +0.0220% | 1h | 338.50 | long leg | $191K | $44K | 30x | |
| Phoenix AAPL | +0.0330% | 1h | 338.76 | +0.077% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.60 | +0.030% | $269K | $70K | 20x | as long as short |
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Variational Omni AAPL
QFEX AAPL-USD
BloFin AAPL-USDT
Binance AAPLUSDT
Extended AAPL_24_5-USD
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Phoenix AAPL
Arcus AAPL-USD