Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.005%

Price spread now: BloFin against ApeX Omni+0.041%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.041%, 7d avg +0.055%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAPLUSDT	339.47	0.0100	pay 0.0013% / 1h	54m 51s	$948K	$11.0M	50x
Short	BloFin AAPL-USDT	339.61	0.0000	pay 0.0000% / 8h	1h 54m	$340K	$168K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BloFinbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$21.04
Price spread: +0.041% → +0.055%: −$1.34
Slippage, 4 orders: −$5.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$50.1
Costs to cover: 0.277%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 4 min ago; BloFin: live order book, 30 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 ApeX Omni live order book, 4 min ago	2.21 bp	7.2 bp −$7	9.5 bp −$95	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	0.15 bp	6.2 bp −$6	7.9 bp −$79	22.2 bp −$2,222	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	−0.0382%	4h	339.70	+0.067%	$81K	$325K	20x	as long as short
Nado AAPL-PERP	−0.0064%	1h	339.49	+0.005%	$555K	$38K	20x	as long as short
BloFin AAPL-USDTshort	0.0000%	8h	339.61	+0.041%	$340K	$168K	20x
Aster AAPLUSDT	0.0000%	8h	339.56	+0.027%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.58	+0.033%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.67	+0.059%	$22.1M	$67.7M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.64	+0.050%	$5.9M	$103.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.69	+0.065%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.41	−0.018%	$3.0M	$4.9M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.74	+0.080%	$6.2M	$3.5M	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	339.65	+0.054%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.66	+0.056%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.60	+0.038%	$839	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.56	+0.027%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.78	+0.091%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	+0.080%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.62	+0.044%	$3.2M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	+0.024%	$660K	$657K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.57	+0.031%	$908K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.60	+0.038%	$945K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.55	+0.024%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.44	−0.009%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.67	+0.059%	$36K	—	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.56	+0.027%	$280K	$416K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.54	+0.021%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.44	−0.009%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0062%	1h	339.60	+0.038%	$40.6M	$76.6M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.41	−0.018%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDTlong	+0.0100%	1h	339.47	long leg	$948K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.54	+0.021%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.52	+0.014%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.77	+0.088%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.39	−0.024%	$191K	$44K	30x	as long as short