Funding you earn now, next payment 16:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against KuCoin+0.035%110s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.035%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 339.31 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $1.4M | $204K | 20x |
| Short | BloFin AAPL-USDT | 339.43 | 0.0027 | get 0.0027% / 8h | 4h 55m | $350K | $165K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$15.26
- Price spread: +0.035% → +0.070%
- −$3.51
- Slippage, 4 orders
- −$35.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 48 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 KuCoin live order book, 3 min ago | 4.72 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.15 bp | 6.1 bp −$6 | 7.2 bp −$72 | 18.6 bp −$1,862 | doesn't fit |
AAPL on 33 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AAPL-PERP | −0.0120% | 1h | 339.27 | −0.012% | $36K | — | 20x | as long as short |
| edgeX AAPLUSDC | −0.0073% | 4h | 339.33 | +0.006% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0005% | 1h | 339.36 | +0.015% | $555K | $28K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.35 | +0.012% | $120K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.33 | +0.006% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.45 | +0.041% | $22.1M | $67.0M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.30 | −0.003% | $6.7M | $284.0M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.43 | +0.035% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.19 | −0.035% | $3.0M | $7.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.41 | +0.029% | $6.2M | $3.5M | 100x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.45 | +0.043% | $2.5M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.44 | +0.037% | $12K | $339K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.41 | +0.029% | $777 | $4.1M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.57 | +0.077% | $62K | $241K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.44 | +0.038% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.34 | +0.009% | $3.3M | $4.2M | 10x | as long as short |
| BloFin AAPL-USDTshort | +0.0027% | 8h | 339.43 | +0.035% | $350K | $165K | 20x | |
| Lighter AAPL | +0.0032% | 1h | 339.39 | +0.024% | $924K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.38 | +0.021% | $1.0M | $3.0M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.21 | −0.029% | $267K | $48K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0045% | 1h | 339.37 | +0.018% | $28K | $69K | 10x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.22 | −0.027% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.34 | +0.009% | $40.5M | $76.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.34 | +0.009% | $279K | $347K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.33 | +0.006% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.24 | −0.021% | $1.3M | $2.2M | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 339.31 | long leg | $1.4M | $204K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.35 | +0.012% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.30 | −0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.28 | −0.009% | $11K | $102 | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0128% | 1h | 339.38 | +0.021% | $659K | $629K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.66 | +0.103% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0235% | 1h | 339.51 | +0.059% | $5K | $12K | 20x | as long as short |
KuCoin AAPLUSDTM
BloFin AAPL-USDT
edgeX AAPLUSDC
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
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Deribit AAPL_USDC-PERPETUAL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL