Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against Orderly+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.040% dearer against Orderly than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AAPL_USDC_mythos | 339.60 | 0.0100 | pay 0.0100% / 8h | 37m 09s | $4K | — | 10x |
| Short | Binance AAPLUSDT | 339.74 | 0 | get 0.0000% / 8h | 37m 09s | $22.1M | $67.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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: +0.040% → 0.000%
- $3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.01
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.15 bp | 5.5 bp −$6 | 7.4 bp −$74 | 27.4 bp −$2,738 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0560% | 4h | 339.68 | +0.023% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0160% | 1h | 339.72 | +0.035% | $556K | $37K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0008% | 8h | 339.74 | +0.041% | $342K | $167K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.65 | +0.016% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.62 | +0.007% | $289K | $2.1M | 10x | as long as short |
| Binance AAPLUSDTshort | 0.0000% | 8h | 339.74 | +0.040% | $22.1M | $67.5M | 25x | |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.62 | +0.006% | $7.4M | $138.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.69 | +0.027% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.52 | −0.024% | $3.0M | $5.4M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.74 | +0.041% | $6.2M | $3.6M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPL | 0.0000% | 8h | 339.77 | +0.052% | $2.5M | $1.2M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.72 | +0.037% | $13K | $410K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.73 | +0.038% | $608 | $4.5M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 339.59 | −0.003% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 339.80 | +0.059% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.78 | +0.053% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0027% | 1h | 339.67 | +0.021% | $3.2M | $4.2M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.69 | +0.026% | $941K | $2.7M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.67 | +0.021% | $950K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.60 | 0.000% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.66 | +0.018% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.70 | +0.029% | $40.6M | $76.1M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.64 | +0.012% | $279K | $424K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.70 | +0.029% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.59 | −0.003% | $1.3M | $2.4M | 20x | as long as short |
| Hotstuff AAPL-PERP | +0.0064% | 1h | 339.70 | +0.029% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0064% | 1h | 339.55 | −0.015% | $660K | $661K | 10x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.43 | −0.050% | $1.4M | $39K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.69 | +0.027% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythoslong | +0.0100% | 8h | 339.60 | long leg | $4K | — | 10x | |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.64 | +0.012% | $11K | $102 | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.63 | +0.009% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0259% | 1h | 339.87 | +0.080% | $5K | $12K | 20x | as long as short |
Binance AAPLUSDT
edgeX AAPLUSDC
BloFin AAPL-USDT
Aster AAPLUSDT
Extended AAPL_24_5-USD
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
Coinbase International AAPL-PERP-INTX
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Injective AAPL/USDC PERP
Phoenix AAPL