Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1067%/8h= −116.8% APRpaid last 24h −0.244%

Price spread now: edgeX against ApeX Omni+0.050%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.660%−$66 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.050%, 7d avg +0.034%

Together, before fees−0.719%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$32 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.660% in total (about -34.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAPLUSDT	338.62	0.0100	pay 0.0013% / 1h	11m 06s	$946K	$11.0M	50x
Short	edgeX AAPLUSDC	338.79	−0.0967	pay 0.0483% / 4h	1h 11m	$81K	$325K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$224.02
Price spread: +0.050% → +0.034%: $1.65
Slippage, 4 orders: −$16.05
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$257.42
Costs to cover: 0.350%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; edgeX: live order book, 52 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, 3 min ago	2.07 bp	7.1 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
Sell edgeX live order book, 52 min ago	5.31 bp	10.3 bp −$10	17.5 bp −$175	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 AAPLUSDCshort	−0.0967%	4h	338.79	+0.050%	$81K	$325K	20x
Deribit AAPL_USDC-PERPETUAL	−0.0045%	1h	338.53	−0.027%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0042%	1h	338.69	+0.020%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0013%	8h	338.82	+0.059%	$344K	$169K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.83	+0.062%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.70	+0.025%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.79	+0.051%	$22.2M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.82	+0.059%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.87	+0.074%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.57	−0.015%	$3.0M	$4.3M	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	338.91	+0.086%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.81	+0.055%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.85	+0.068%	$17K	$424K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.79	+0.050%	$600	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.94	+0.095%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.85	+0.068%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0013%	1h	338.76	+0.041%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.69	+0.020%	$772K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.72	+0.030%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.75	+0.038%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.58	−0.012%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.78	+0.047%	$659K	$672K	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.52	−0.030%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.77	+0.044%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.54	−0.024%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	338.74	+0.035%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0071%	1h	338.76	+0.041%	$40.7M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.73	+0.032%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTlong	+0.0100%	1h	338.62	long leg	$946K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.73	+0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.67	+0.015%	$10K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.19	+0.168%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.88	+0.077%	$5K	$11K	20x	as long as short