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: HTX against KuCoin+0.059%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.059%, 7d avg +0.087%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 338.74 | 0.0100 | pay 0.0100% / 8h | 5h 24m | $1.4M | $27K | 20x |
| Short | HTX AAPL-USDT | 338.94 | 0 | get 0.0000% / 8h | 5h 24m | $53K | $224K | 30x |
KuCoin AAPLUSDTM
HTX AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$21
- Price spread: +0.059% → +0.087%
- −$2.78
- Slippage, 4 orders
- −$131.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$178.96
- Costs to cover
- 1.552%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; HTX: live order book, 37 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, 11 min ago | 6.05 bp | 70.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 min ago | 2.80 bp | 14.4 bp −$14 | 18.4 bp −$184 | 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 | −0.0103% | 4h | 338.74 | +0.001% | $81K | $325K | 20x | as long as short |
| Nado AAPL-PERP | −0.0051% | 1h | 338.69 | −0.014% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.84 | +0.030% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.72 | −0.005% | $285K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.83 | +0.025% | $22.2M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.85 | +0.032% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.85 | +0.032% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.58 | −0.047% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.91 | +0.050% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 338.82 | +0.025% | $2.4M | $1.4M | — | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.83 | +0.027% | $17K | $424K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.81 | +0.021% | $407 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.57 | −0.050% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDTshort | 0.0000% | 8h | 338.94 | +0.059% | $53K | $224K | 30x | |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.99 | +0.074% | $2.1M | $6K | 10x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.79 | +0.015% | $3.2M | $4.8M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0029% | 8h | 338.81 | +0.021% | $343K | $169K | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.68 | −0.017% | $771K | $2.4M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.72 | −0.006% | $949K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.72 | −0.006% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.59 | −0.044% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | +0.012% | $659K | $673K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.54 | −0.059% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.70 | −0.012% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.65 | −0.027% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0061% | 1h | 338.70 | −0.012% | $40.7M | $75.8M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.69 | −0.015% | $36K | — | 20x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 338.74 | long leg | $1.4M | $27K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.68 | −0.018% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.73 | −0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.69 | −0.014% | $10K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.57 | −0.050% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.79 | +0.015% | $5K | $11K | 20x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
Phemex AAPLUSDT
QFEX AAPL-USD
BloFin AAPL-USDT
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Hotstuff AAPL-PERP
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL