Funding you earn now, next payment 03:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.029%
Price spread now: tradeXYZ against KuCoin+0.021%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.021%, 7d avg −0.029%
=Together, before fees−0.086%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.050% dearer against KuCoin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.029%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AAPLUSDTM | 338.69 | 0.0100 | pay 0.0100% / 8h | 5h 00m | $1.4M | $27K | 20x |
| Short | tradeXYZ xyz:AAPL | 338.76 | 0.0079 | get 0.0010% / 1h | 0m 47s | $40.7M | $75.8M | 20x |
KuCoin AAPLUSDTM
tradeXYZ xyz:AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$4.46
- Price spread: +0.021% → −0.029%
- $4.98
- Slippage, 4 orders
- −$112.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$141.81
- Costs to cover
- 1.423%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; tradeXYZ: live order book, 9 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 | 6.05 bp | 68.9 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.29 bp | 10.0 bp −$10 | 12.5 bp −$125 | 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 | −0.0780% | 4h | 338.78 | +0.027% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0038% | 1h | 338.63 | −0.018% | $554K | $38K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0014% | 8h | 338.87 | +0.053% | $343K | $169K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.82 | +0.037% | $122K | $291K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 338.76 | +0.021% | $286K | $2.0M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 338.84 | +0.043% | $22.2M | $66.9M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.86 | +0.050% | $5.9M | $39.3M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.94 | +0.074% | $6.3M | $6.8M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.61 | −0.024% | $3.0M | $4.3M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.94 | +0.074% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 338.86 | +0.049% | $2.4M | $1.4M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.83 | +0.040% | $17K | $425K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.85 | +0.047% | $302 | $4.6M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.53 | −0.047% | $28K | $67K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 338.95 | +0.077% | $53K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.90 | +0.062% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0013% | 1h | 338.80 | +0.032% | $3.2M | $4.8M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 338.76 | +0.021% | $36K | — | 20x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.67 | −0.007% | $780K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.70 | +0.003% | $947K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.75 | +0.018% | $269K | $69K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.58 | −0.032% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 338.78 | +0.027% | $659K | $671K | 10x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.63 | −0.018% | $261K | $370K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.75 | +0.018% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.62 | −0.021% | $1.3M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:AAPLshort | +0.0079% | 1h | 338.76 | +0.021% | $40.7M | $75.8M | 20x | |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 338.69 | long leg | $1.4M | $27K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.60 | −0.027% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.67 | −0.006% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.71 | +0.005% | $10K | — | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.74 | +0.310% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 338.89 | +0.059% | $5K | $11K | 20x | as long as short |
Variational Omni AAPL
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Hotstuff AAPL-PERP
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
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Injective AAPL/USDC PERP
Phoenix AAPL