Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: OKX against Binance0.000%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days−0.055%−$5 · spread now 0.000%, 7d avg −0.038%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAPLUSDT	340.05	0	get 0.0000% / 8h	7h 45m	$22.2M	$67.2M	25x
Short	OKX AAPL-USDT-SWAP	340.05	0	get 0.0000% / 8h	7h 45m	$6.3M	$6.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.038%: $3.76
Slippage, 4 orders: −$3.73
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$19.98
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: 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 Binance live order book, 12 min ago	0.15 bp	5.4 bp −$5	7.7 bp −$77	36.6 bp −$3,657	doesn't fit
Sell OKX live order book, 2 min ago	0.15 bp	6.7 bp −$7	11.0 bp −$110	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	−0.0921%	4h	339.95	−0.029%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0019%	1h	339.87	−0.052%	$556K	$36K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	340.04	−0.003%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.90	−0.044%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.96	−0.026%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDTlong	0.0000%	8h	340.05	long leg	$22.2M	$67.2M	25x
OKX AAPL-USDT-SWAPshort	0.0000%	8h	340.05	0.000%	$6.3M	$6.9M	25x
Gate AAPL_USDT	0.0000%	8h	339.91	−0.041%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	340.07	+0.006%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.07	+0.007%	$2.5M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	340.04	−0.003%	$13K	$349K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	340.10	+0.015%	$463	$4.4M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.89	−0.047%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.18	+0.038%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.07	+0.006%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	340.03	−0.006%	$3.2M	$4.2M	10x	as long as short
BloFin AAPL-USDT	+0.0022%	8h	340.13	+0.024%	$344K	$166K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.92	−0.038%	$663K	$656K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.98	−0.020%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.96	−0.026%	$957K	$3.2M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.95	−0.029%	$267K	$59K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.86	−0.056%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.85	−0.059%	$279K	$375K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	340.01	−0.012%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.82	−0.068%	$1.3M	$2.4M	20x	as long as short
Bybit AAPLUSDT	+0.0066%	8h	340.11	+0.018%	$6.2M	$180.4M	100x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.92	−0.038%	$1.4M	$66K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.86	−0.056%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.94	−0.032%	$4K	—	10x	as long as short
tradeXYZ xyz:AAPL	+0.0102%	1h	339.97	−0.024%	$40.3M	$76.6M	20x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.93	−0.036%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.13	+0.024%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.55	+0.147%	$192K	$44K	30x	as long as short