Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0475%/8h= −52.0% APRpaid last 24h −0.217%

Price spread now: edgeX against Binance+0.005%80s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.309% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.560%−$56 on $10k

Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.005%, 7d avg −0.007%

Together, before fees−0.413%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAPLUSDT	339.70	0	get 0.0000% / 8h	6h 20m	$22.1M	$66.9M	25x
Short	edgeX AAPLUSDC	339.72	−0.0475	pay 0.0238% / 4h	2h 20m	$81K	$326K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$99.78
Price spread: +0.005% → −0.007%: $1.23
Slippage, 4 orders: −$11.86
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$129.41
Costs to cover: 0.309%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; edgeX: live order book, 31 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 Binance live order book, 15 min ago	0.15 bp	5.1 bp −$5	8.7 bp −$87	34.5 bp −$3,445	doesn't fit
Sell edgeX live order book, 31 min ago	4.27 bp	11.3 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit

AAPL on 33 exchanges

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	−0.0475%	4h	339.72	+0.005%	$81K	$326K	20x
Nado AAPL-PERP	−0.0005%	1h	339.63	−0.020%	$556K	$30K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.67	−0.009%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.61	−0.028%	$288K	$2.1M	10x	as long as short
Binance AAPLUSDTlong	0.0000%	8h	339.70	long leg	$22.1M	$66.9M	25x
Bybit AAPLUSDT	0.0000%	8h	339.71	+0.003%	$6.4M	$248.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.73	+0.009%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.52	−0.053%	$3.0M	$7.0M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.73	+0.009%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.70	+0.001%	$2.5M	$1.2M	—	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.76	+0.018%	$13K	$348K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.70	0.000%	$666	$4.2M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.63	−0.021%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.82	+0.035%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.75	+0.015%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.74	+0.012%	$348K	$166K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	339.65	−0.015%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.65	−0.016%	$931K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.64	−0.018%	$986K	$3.1M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.51	−0.056%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.66	−0.012%	$279K	$349K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.59	−0.032%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.42	−0.082%	$1.3M	$2.2M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0056%	1h	339.58	−0.035%	$40.4M	$76.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0056%	1h	339.60	−0.029%	$663K	$652K	10x	as long as short
Arcus AAPL-USD	+0.0082%	1h	339.56	−0.041%	$267K	$53K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.51	−0.056%	$1.4M	$135K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.64	−0.018%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.62	−0.024%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.59	−0.032%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0176%	1h	339.58	−0.035%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.02	+0.094%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0235%	1h	339.79	+0.026%	$5K	$12K	20x	as long as short