Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%

Price spread now: Polymarket Perps against Bitget−0.032%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.032%, 7d avg −0.079%

Together, before fees+0.135%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.046% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.76	0	get 0.0000% / 8h	42m 31s	$6.2M	$3.6M	100x
Short	Polymarket Perps AAPL-USD	339.65	0.0050	get 0.0006% / 1h	42m 31s	$279K	$424K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now −0.032%Rate

Funding earned: $10.5
Price spread: −0.032% → −0.079%: $4.64
Slippage, 4 orders: −$5.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$10.29
Costs to cover: 0.254%
Break-even: 13.9 days

Slippage from Bitget: live order book, 6 min ago; Polymarket Perps: live order book, 60 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 Bitget live order book, 6 min ago	0.15 bp	8.6 bp −$9	12.3 bp −$123	39.1 bp −$3,910	doesn't fit
Sell Polymarket Perps live order book, 60 min ago	0.88 bp	4.9 bp −$5	6.0 bp −$60	8.0 bp −$798	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	−0.0545%	4h	339.70	−0.018%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0145%	1h	339.76	+0.001%	$556K	$37K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0074%	1h	339.63	−0.038%	$28K	$69K	10x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.70	−0.018%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.68	−0.024%	$289K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.77	+0.002%	$22.1M	$67.4M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.71	−0.015%	$6.1M	$132.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.74	−0.006%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.56	−0.059%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.76	long leg	$6.2M	$3.6M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.76	+0.001%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.71	−0.014%	$13K	$410K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.76	0.000%	$795	$4.5M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.81	+0.015%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.77	+0.003%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0008%	8h	339.74	−0.006%	$343K	$167K	20x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.67	−0.026%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.71	−0.016%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.69	−0.021%	$950K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.61	−0.044%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.67	−0.026%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.72	−0.012%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USDshort	+0.0050%	1h	339.65	−0.032%	$279K	$424K	10x
SoDEX AAPL-USD	+0.0050%	1h	339.73	−0.009%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.52	−0.071%	$1.3M	$2.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.062%	$660K	$661K	10x	as long as short
Hotstuff AAPL-PERP	+0.0080%	1h	339.71	−0.015%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.49	−0.079%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.66	−0.029%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.61	−0.044%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.67	−0.027%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.62	−0.041%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.88	+0.035%	$5K	$12K	20x	as long as short