Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h −0.024%
Price spread now: KuCoin against SunX−0.121%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1801.802% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.121%, 7d avg −0.063%
=Funding pays, the price is against you. KuCoin is 0.058% cheaper against SunX than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.063%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.009% in total) that is about 48 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX AAPL-USDT | 339.86 | 0 | get 0.0000% / 8h | 2h 23m | $435 | $4.6M | 20x |
| Short | KuCoin AAPLUSDTM | 339.45 | 0.0099 | get 0.0099% / 8h | 2h 23m | $1.4M | $38K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $20.79
- Price spread: −0.121% → −0.063%
- −$5.79
- Slippage, 4 orders
- −$160.23
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$165.23
- Costs to cover
- 1.802%
- Break-even
- 62.6 days
Slippage from SunX: live order book, 5 min ago; KuCoin: live order book, 1 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 SunX live order book, 5 min ago | 44.88 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 11.34 bp | 34.1 bp −$34 | 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 | −0.0812% | 4h | 339.76 | −0.029% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0115% | 1h | 339.87 | +0.003% | $556K | $38K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0074% | 1h | 339.71 | −0.044% | $28K | $68K | 10x | as long as short |
| BloFin AAPL-USDT | −0.0018% | 8h | 339.84 | −0.006% | $340K | $168K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.80 | −0.019% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.78 | −0.023% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.88 | +0.006% | $22.1M | $67.6M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.89 | +0.009% | $5.9M | $89.5M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.91 | +0.015% | $6.3M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.66 | −0.059% | $3.0M | $4.8M | 100x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AAPLUSDT | 0.0000% | 8h | 339.96 | +0.029% | $6.3M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 339.83 | −0.007% | $2.4M | $1.3M | — | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.63 | −0.068% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDTlong | 0.0000% | 8h | 339.86 | long leg | $435 | $4.6M | 20x | |
| HTX AAPL-USDT | 0.0000% | 8h | 339.98 | +0.035% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.86 | 0.000% | $2.1M | $7K | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0016% | 1h | 339.77 | −0.026% | $36K | — | 20x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.76 | −0.029% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.78 | −0.025% | $861K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.74 | −0.035% | $941K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.59 | −0.079% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.75 | −0.032% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.56 | −0.088% | $663K | $655K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.74 | −0.035% | $40.5M | $76.5M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.68 | −0.053% | $278K | $408K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.81 | −0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.62 | −0.071% | $1.3M | $2.5M | 20x | as long as short |
| KuCoin AAPLUSDTMshort | +0.0099% | 8h | 339.45 | −0.121% | $1.4M | $38K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.78 | −0.024% | $949K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.74 | −0.035% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.77 | −0.027% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.89 | +0.009% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.68 | −0.053% | $191K | $44K | 30x | as long as short |
SunX AAPL-USDT
KuCoin AAPLUSDTM
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
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
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter AAPL
Lighter RH AAPL
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
ApeX Omni AAPLUSDT
Phoenix AAPL
Injective AAPL/USDC PERP