Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.016%

Price spread now: ApeX Omni against BloFin−0.032%103s7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.273% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.032%, 7d avg −0.054%

Together, before fees+0.250%+$25 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 ApeX Omni is 0.022% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.054%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAPL-USDT	340.00	0.0019	pay 0.0019% / 8h	7h 27m	$346K	$166K	20x
Short	ApeX Omni AAPLUSDT	339.89	0.0100	get 0.0013% / 1h	27m 17s	$949K	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now −0.032%Rate

Funding earned: $17.11
Price spread: −0.032% → −0.054%: $2.17
Slippage, 4 orders: −$5.26
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$7.98
Costs to cover: 0.273%
Break-even: 10.3 days

Slippage from BloFin: live order book, 48 min ago; ApeX Omni: 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 BloFin live order book, 48 min ago	0.15 bp	6.1 bp −$6	8.0 bp −$80	11.3 bp −$1,132	doesn't fit
Sell ApeX Omni live order book, 2 min ago	2.21 bp	7.8 bp −$8	9.2 bp −$92	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	−0.0080%	4h	339.98	−0.006%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0028%	1h	339.89	−0.032%	$556K	$35K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.95	−0.015%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.89	−0.032%	$286K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.99	−0.003%	$22.1M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	340.03	+0.009%	$6.3M	$197.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.87	−0.038%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.75	−0.074%	$3.0M	$5.8M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.94	−0.018%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.04	+0.010%	$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	340.08	+0.025%	$22K	$363K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.98	−0.006%	$748	$4.3M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.80	−0.059%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.03	+0.009%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.08	+0.024%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.88	−0.035%	$3.2M	$4.2M	10x	as long as short
BloFin AAPL-USDTlong	+0.0019%	8h	340.00	long leg	$346K	$166K	20x
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	340.14	+0.041%	$662K	$660K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.92	−0.025%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.91	−0.026%	$977K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.87	−0.038%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.78	−0.065%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.82	−0.053%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.79	−0.062%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.82	−0.053%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.77	−0.068%	$1.3M	$2.3M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.89	−0.032%	$1.4M	$83K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	339.89	−0.032%	$949K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.89	−0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.86	−0.040%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0120%	1h	339.82	−0.053%	$36K	—	20x	as long as short
Phoenix AAPL	+0.0212%	1h	339.94	−0.018%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.53	+0.156%	$192K	$44K	30x	as long as short