Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Gate against ApeX Omni+0.009%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.009%, 7d avg −0.015%

Together, before fees−0.275%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.024% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.015%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAPLUSDT	338.82	0.0100	pay 0.0013% / 1h	0m 58s	$946K	$10.9M	50x
Short	Gate AAPL_USDT	338.85	0	get 0.0000% / 8h	0m 58s	$3.0M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.009%Rate

Funding earned: −$21
Price spread: +0.009% → −0.015%: $2.37
Slippage, 4 orders: −$14.89
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.52
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; Gate: live order book, 2 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	8.4 bp −$84	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.18 bp	12.4 bp −$12	32.1 bp −$321	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	−0.0997%	4h	338.99	+0.050%	$81K	$327K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.99	+0.050%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.11	+0.086%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.07	+0.074%	$6.5M	$6.8M	25x	as long as short
Gate AAPL_USDTshort	0.0000%	8h	338.85	+0.009%	$3.0M	$4.2M	100x
SunX AAPL-USDT	0.0000%	8h	339.00	+0.053%	$566	$4.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.89	+0.021%	$28K	$66K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.21	+0.115%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.06	+0.071%	$2.1M	$6K	10x	as long as short
GRVT AAPL_USDT_Perp	+0.0025%	8h	339.05	+0.068%	$13K	$490K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AAPL	+0.0032%	1h	339.00	+0.053%	$961K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.77	−0.015%	—	$53K	25x	as long as short
Lighter AAPL	+0.0048%	1h	338.96	+0.041%	$771K	$2.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.88	+0.018%	$265K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.96	+0.041%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.62	−0.059%	$1.4M	$2.4M	20x	as long as short
QFEX AAPL-USD	+0.0064%	1h	339.02	+0.059%	$3.2M	$5.1M	10x	as long as short
Bitget AAPLUSDT	+0.0090%	8h	339.04	+0.065%	$6.2M	$3.5M	100x	as long as short
Nado AAPL-PERP	+0.0098%	1h	338.85	+0.008%	$557K	$36K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.83	+0.003%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTlong	+0.0100%	1h	338.82	long leg	$946K	$10.9M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.90	+0.024%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.97	+0.043%	$11K	—	10x	as long as short
Variational Omni AAPL	+0.0106%	8h	339.00	+0.055%	$2.4M	$1.4M	—	as long as short
Binance AAPLUSDT	+0.0127%	8h	339.04	+0.065%	$22.4M	$67.1M	25x	as long as short
Extended AAPL_24_5-USD	+0.0128%	1h	338.97	+0.046%	$285K	$1.5M	10x	as long as short
Hotstuff AAPL-PERP	+0.0128%	1h	338.93	+0.032%	$36K	—	20x	as long as short
BloFin AAPL-USDT	+0.0129%	8h	339.06	+0.071%	$347K	$170K	20x	as long as short
tradeXYZ xyz:AAPL	+0.0172%	1h	338.96	+0.041%	$40.8M	$76.1M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0192%	1h	339.03	+0.062%	$660K	$676K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.80	−0.006%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	339.13	+0.091%	$5K	$8K	20x	as long as short
Arcus AAPL-USD	+0.0397%	1h	338.88	+0.018%	$269K	$70K	20x	as long as short