Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h 0.000%

Price spread now: tradeXYZ against Bitget−0.021%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days−0.072%−$7 · spread now −0.021%, 7d avg −0.103%

Together, before fees−0.094%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.082% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.103%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.72	0	get 0.0000% / 8h	1h 00m	$6.2M	$3.5M	100x
Short	tradeXYZ xyz:AAPL	339.65	0.0084	get 0.0010% / 1h	0m 23s	$40.6M	$76.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.021%Rate

Funding earned: $17.63
Price spread: −0.021% → −0.103%: $8.2
Slippage, 4 orders: −$9.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$13.32
Costs to cover: 0.392%
Break-even: 12.3 days

Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago	0.15 bp	10.0 bp −$10	13.5 bp −$135	44.6 bp −$4,458	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.44 bp	10.3 bp −$10	13.5 bp −$135	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	−0.0636%	4h	339.69	−0.008%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0049%	1h	339.55	−0.049%	$555K	$37K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	339.67	−0.015%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.61	−0.034%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.64	−0.024%	$289K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.73	+0.003%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.76	+0.012%	$6.0M	$129.0M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.71	−0.003%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.50	−0.065%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.72	long leg	$6.2M	$3.5M	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	339.75	+0.010%	$2.4M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.71	−0.002%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.71	−0.003%	$499	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.52	−0.059%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.78	+0.018%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	+0.006%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0023%	8h	339.76	+0.012%	$342K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.66	−0.018%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.050%	$660K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.64	−0.022%	$945K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.63	−0.026%	$949K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.63	−0.026%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.47	−0.074%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.62	−0.029%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.64	−0.024%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.49	−0.068%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPLshort	+0.0084%	1h	339.65	−0.021%	$40.6M	$76.2M	20x
KuCoin AAPLUSDTM	+0.0100%	8h	339.50	−0.065%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.51	−0.062%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.57	−0.044%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.61	−0.032%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.041%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.48	−0.071%	$191K	$44K	30x	as long as short