Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRnext payment $0.10 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against ApeX Omni0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.156%−$16 on $10k
Price spread, last 4 days (all we have)−0.193%−$19 · spread now 0.000%, 7d avg −0.014%
Together, before fees−0.349%−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAPLUSDT339.920.0100pay 0.0013% / 1h45m 24s$949K$11.0M50x
ShortCoinbase International AAPL-PERP-INTX339.920.0024get 0.0003% / 1h45m 24s$663K$656K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$15.96
Price spread: 0.000% → −0.014%
$1.43
Slippage, 4 orders
−$11.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$46.02
Costs to cover
0.315%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Coinbase International: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 4 min ago2.35 bp7.4 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell Coinbase International live order book, 53 min ago2.50 bp8.4 bp −$810.9 bp −$109doesn't fitdoesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0921%4h339.95+0.009%$81K$327K20xas long as short
Nado AAPL-PERP−0.0016%1h339.87−0.016%$556K$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.90−0.006%$121K$294K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.96+0.013%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.05+0.038%$22.2M$67.2M25xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.99+0.021%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.91−0.003%$3.0M$5.6M100xas long as short
Bitget AAPLUSDT0.0000%8h340.06+0.041%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h340.07+0.046%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.04+0.035%$13K$349K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h340.10+0.053%$463$4.4M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.89−0.009%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h340.18+0.076%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h340.07+0.044%$2.1M$7K10xas long as short
Hotstuff AAPL-PERP+0.0008%1h339.96+0.012%$36K20xas long as short
QFEX AAPL-USD+0.0010%1h339.98+0.018%$3.2M$4.2M10xas long as short
BloFin AAPL-USDT+0.0022%8h340.13+0.062%$344K$166K20xas long as short
Coinbase International AAPL-PERP-INTXshort+0.0024%1h339.920.000%$663K$656K10x
Lighter AAPL+0.0032%1h339.98+0.019%$932K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.96+0.012%$957K$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h339.95+0.009%$267K$59K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.79−0.038%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.78−0.041%$279K$375K10xas long as short
SoDEX AAPL-USD+0.0050%1h340.01+0.026%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.82−0.029%$1.3M$2.4M20xas long as short
Bybit AAPLUSDT+0.0066%8h340.11+0.056%$6.3M$180.4M100xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.91−0.003%$1.4M$66K20xas long as short
ApeX Omni AAPLUSDTlong+0.0100%1h339.92long leg$949K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.94+0.006%$4K10xas long as short
tradeXYZ xyz:AAPL+0.0102%1h339.920.000%$40.3M$76.6M20xas long as short
Aevo AAPL-PERP+0.0104%1h339.93+0.003%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h340.22+0.088%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.55+0.185%$192K$44K30xas long as short