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: SunX against KuCoin+0.097%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2102.098% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.097%, 7d avg +0.065%
=The price spread pays, funding is against you. SunX is 0.032% dearer against KuCoin than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.065%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.008% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 338.62 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $1.4M | $27K | 20x |
| Short | SunX AAPL-USDT | 338.95 | 0 | get 0.0000% / 8h | 7h 45m | $478 | $4.7M | 20x |
KuCoin AAPLUSDTM
SunX AAPL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.097% → +0.065%
- $3.21
- Slippage, 4 orders
- −$189.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$227.55
- Costs to cover
- 2.098%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; SunX: live order book, 3 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, 10 min ago | 6.94 bp | 53.7 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 44.69 bp | 49.2 bp −$49 | doesn't fit | 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 | −0.0743% | 4h | 339.00 | +0.111% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0043% | 1h | 338.78 | +0.047% | $556K | $36K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.99 | +0.109% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.98 | +0.106% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.98 | +0.106% | $6.5M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.73 | +0.032% | $3.0M | $4.2M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.99 | +0.110% | $13K | $479K | 10x | as long as short |
| SunX AAPL-USDTshort | 0.0000% | 8h | 338.95 | +0.097% | $478 | $4.7M | 20x | |
| HTX AAPL-USDT | 0.0000% | 8h | 339.04 | +0.124% | $52K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.98 | +0.106% | $2.1M | $6K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
GRVT AAPL_USDT_Perp
HTX AAPL-USDT
Phemex AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAPL | +0.0032% | 1h | 338.83 | +0.061% | $771K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.86 | +0.071% | $957K | $3.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0045% | 1h | 338.84 | +0.065% | $28K | $66K | 10x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.77 | +0.044% | — | $53K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.83 | +0.062% | $40.8M | $76.0M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.83 | +0.062% | $264K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.87 | +0.074% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.56 | −0.018% | $1.4M | $2.4M | 20x | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.95 | +0.097% | $3.2M | $5.1M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.87 | +0.074% | $36K | — | 20x | as long as short |
| Bitget AAPLUSDT | +0.0074% | 8h | 338.96 | +0.100% | $6.2M | $3.4M | 100x | as long as short |
| Variational Omni AAPL | +0.0096% | 8h | 338.98 | +0.105% | $2.4M | $1.4M | — | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 338.62 | long leg | $1.4M | $27K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.88 | +0.077% | $947K | $10.9M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.93 | +0.092% | $4K | — | 10x | as long as short |
| BloFin AAPL-USDT | +0.0102% | 8h | 339.00 | +0.112% | $346K | $170K | 20x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.89 | +0.079% | $11K | — | 10x | as long as short |
| Binance AAPLUSDT | +0.0116% | 8h | 338.97 | +0.103% | $22.3M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0120% | 1h | 338.91 | +0.086% | $284K | $1.7M | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 339.03 | +0.121% | $660K | $669K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.78 | +0.047% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 339.06 | +0.130% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.87 | +0.074% | $269K | $70K | 20x | as long as short |
Lighter AAPL
Lighter RH AAPL
Deribit AAPL_USDC-PERPETUAL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
QFEX AAPL-USD
Hotstuff AAPL-PERP
Bitget AAPLUSDT
Variational Omni AAPL
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
BloFin AAPL-USDT
Aevo AAPL-PERP
Binance AAPLUSDT
Extended AAPL_24_5-USD
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD