Funding you earn now, next payment 11:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.009%
Price spread now: Coinbase International against KuCoin+0.009%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.009%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 339.28 | 0.0100 | pay 0.0100% / 8h | 4h 43m | $1.4M | $214K | 20x |
| Short | Coinbase International AAPL-PERP-INTX | 339.31 | 0.0128 | get 0.0016% / 1h | 43m 39s | $659K | $630K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $5.88
- Price spread: +0.009% → +0.003%
- $0.56
- Slippage, 4 orders
- −$46.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$62.16
- Costs to cover
- 0.686%
- Break-even
- 81.0 days
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: 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 KuCoin live order book, 5 min ago | 6.49 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 2.50 bp | 8.5 bp −$9 | 11.2 bp −$112 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0759% | 4h | 339.39 | +0.033% | $81K | $329K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0027% | 8h | 339.52 | +0.071% | $353K | $166K | 20x | as long as short |
| Nado AAPL-PERP | −0.0015% | 1h | 339.50 | +0.065% | $556K | $28K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.49 | +0.062% | $121K | $295K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.49 | +0.061% | $287K | $2.2M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.58 | +0.088% | $22.1M | $67.3M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.53 | +0.074% | $6.1M | $286.8M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.61 | +0.097% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.36 | +0.024% | $3.0M | $7.4M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.67 | +0.115% | $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 | 339.44 | +0.049% | $2.5M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.43 | +0.045% | $20K | $350K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.58 | +0.088% | $761 | $4.1M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.47 | +0.056% | $28K | $68K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.68 | +0.118% | $62K | $241K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.46 | +0.053% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0023% | 1h | 339.47 | +0.056% | $3.3M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.54 | +0.076% | $924K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.54 | +0.077% | $995K | $3.0M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.37 | +0.027% | $267K | $48K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.37 | +0.027% | — | $45K | 25x | as long as short |
| Hotstuff AAPL-PERP | +0.0048% | 1h | 339.35 | +0.021% | $36K | — | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.49 | +0.062% | $40.5M | $76.7M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.46 | +0.053% | $269K | $356K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.47 | +0.056% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.27 | −0.003% | $1.3M | $2.2M | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 339.28 | long leg | $1.4M | $214K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.38 | +0.029% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.44 | +0.047% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.38 | +0.031% | $11K | $102 | 10x | as long as short |
| Coinbase International AAPL-PERP-INTXshort | +0.0128% | 1h | 339.31 | +0.009% | $659K | $630K | 10x | |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.83 | +0.162% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0283% | 1h | 339.46 | +0.053% | $5K | $12K | 20x | as long as short |
KuCoin AAPLUSDTM
Coinbase International AAPL-PERP-INTX
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
Lighter AAPL
Lighter RH AAPL
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL