Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0583%/8h= −63.9% APRpaid last 24h −0.141%

Price spread now: edgeX against Aster−0.001%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.656% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.293%−$29 on $10k

Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.001%, 7d avg −0.017%

Together, before fees−0.256%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$18 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 -0.293% in total (about -15.3% 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	Aster AAPLUSDT	339.12	0	get 0.0000% / 8h	1h 35m	$122K	$291K	20x
Short	edgeX AAPLUSDC	339.12	−0.0583	pay 0.0292% / 4h	1h 35m	$81K	$326K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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 AsterbpFee edgeXbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$122.51
Price spread: −0.001% → −0.017%: $1.51
Slippage, 4 orders: −$48.57
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$186.57
Costs to cover: 0.656%
Break-even: never at this rate

Slippage from Aster: live order book, 47 min ago; edgeX: live order book, 48 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 Aster live order book, 47 min ago	2.06 bp	26.3 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 48 min ago	5.31 bp	10.6 bp −$11	18.8 bp −$188	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	−0.0583%	4h	339.12	−0.001%	$81K	$326K	20x
Aster AAPLUSDTlong	0.0000%	8h	339.12	long leg	$122K	$291K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.07	−0.014%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.13	+0.002%	$22.4M	$67.4M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.18	+0.017%	$6.1M	$39.6M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.05	−0.022%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.90	−0.066%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.13	+0.002%	$6.2M	$3.4M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.13	0.000%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.13	+0.002%	$14K	$498K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAPL-USDT	0.0000%	8h	339.10	−0.007%	$726	$4.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.82	−0.089%	$28K	$65K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.21	+0.026%	$53K	$222K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.15	+0.008%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.16	+0.011%	$351K	$168K	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.05	−0.022%	$968K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.77	−0.104%	—	$53K	25x	as long as short
Lighter AAPL	+0.0048%	1h	339.02	−0.029%	$769K	$2.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.91	−0.063%	$265K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.01	−0.033%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.67	−0.134%	$1.5M	$2.4M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	339.05	−0.022%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	339.03	−0.028%	$36K	—	20x	as long as short
Nado AAPL-PERP	+0.0084%	1h	338.85	−0.079%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.84	−0.084%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.79	−0.098%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.01	−0.033%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.04	−0.025%	$11K	—	10x	as long as short
tradeXYZ xyz:AAPL	+0.0184%	1h	339.01	−0.033%	$40.9M	$76.8M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.93	−0.057%	$659K	$675K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.55	+0.126%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.08	−0.013%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.00	−0.036%	$270K	$70K	20x	as long as short