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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.010%
Price spread now: Extended against Binance−0.028%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 2 days (all we have)−0.013%−$1 · spread now −0.028%, 7d avg −0.026%
Together, before fees−0.022%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAPLUSDT339.020.0052pay 0.0052% / 8h6h 25m$22.2M$66.8M25x
ShortExtended AAPL_24_5-USD338.930.0056get 0.0007% / 1h25m 59s$288K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.8
Price spread: −0.028% → −0.026%
−$0.17
Slippage, 4 orders
−$3.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$17.97
Costs to cover
0.186%
Break-even
163.4 days
Slippage from Binance: live order book, 16 min ago; Extended: live order book, 3 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 Binance live order book, 16 min ago0.15 bp5.3 bp −$58.0 bp −$8028.3 bp −$2,833doesn't fit
Sell Extended live order book, 3 min ago0.15 bp3.8 bp −$418.3 bp −$183doesn't fitdoesn't fit

AAPL on 32 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−0.0622%4h338.99−0.008%$81K$325K20xas long as short
Nado AAPL-PERP−0.0062%1h338.86−0.046%$555K$38K20xas long as short
Hotstuff AAPL-PERP−0.0008%1h338.91−0.032%$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.99−0.009%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.06+0.012%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.09+0.021%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.82−0.059%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.020.000%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.020.000%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.020.000%$773$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.87−0.044%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.10+0.024%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.11+0.027%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0018%8h339.02+0.001%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h338.99−0.009%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.88−0.041%$742K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.93−0.027%$951K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h338.94−0.024%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.81−0.062%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.74−0.083%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.95−0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.75−0.080%$1.4M$2.5M20xas long as short
Binance AAPLUSDTlong+0.0052%8h339.02long leg$22.2M$66.8M25x
Extended AAPL_24_5-USDshort+0.0056%1h338.93−0.028%$288K$2.0M10x
tradeXYZ xyz:AAPL+0.0072%1h338.99−0.009%$40.8M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.79−0.068%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.80−0.065%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.89−0.038%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.93−0.027%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.150%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.82−0.059%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.10+0.024%$5K$11K20xas long as short