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+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: ApeX Omni against Bitget−0.065%93s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.065%, 7d avg −0.044%
Together, before fees+0.222%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.020% cheaper against Bitget than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.044%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAPLUSDT339.020get 0.0000% / 8h6h 26m$6.2M$3.5M100x
ShortApeX Omni AAPLUSDT338.800.0100get 0.0013% / 1h26m 04s$946K$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$21
Price spread: −0.065% → −0.044%
−$2.04
Slippage, 4 orders
−$11.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14.38
Costs to cover
0.333%
Break-even
11.8 days
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: 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 Bitget live order book, 2 min ago0.15 bp8.9 bp −$912.4 bp −$12443.2 bp −$4,320doesn't fit
Sell ApeX Omni live order book, 3 min ago2.07 bp7.7 bp −$89.1 bp −$91doesn'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 AAPLUSDTlong0.0000%8h339.02long leg$6.2M$3.5M100x
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 AAPLUSDT+0.0052%8h339.020.000%$22.2M$66.8M25xas long as short
Extended AAPL_24_5-USD+0.0056%1h338.93−0.028%$288K$2.0M10xas long as short
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 AAPLUSDTshort+0.0100%1h338.80−0.065%$946K$11.0M50x
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