Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against BloFin−0.036%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 2 days (all we have)+0.042%+$4 · spread now −0.036%, 7d avg +0.002%
Together, before fees−0.057%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.038% cheaper against BloFin than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.002%). If the spread goes back, that is −$4 on $10k: about 4.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAPL-USDT338.810.0052pay 0.0052% / 8h7h 06m$345K$169K20x
ShortBinance AAPLUSDT338.690.0081get 0.0081% / 8h7h 06m$22.2M$66.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$6.13
Price spread: −0.036% → +0.002%
−$3.79
Slippage, 4 orders
−$3.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.11
Costs to cover
0.255%
Break-even
33.4 days
Slippage from BloFin: live order book, 63 min ago; Binance: live order book, 6 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 BloFin live order book, 63 min ago0.29 bp6.3 bp −$67.7 bp −$7721.4 bp −$2,139doesn't fit
Sell Binance live order book, 6 min ago0.15 bp5.7 bp −$67.6 bp −$7627.6 bp −$2,765doesn't fit

AAPL on 33 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
Deribit AAPL_USDC-PERPETUAL−0.0429%1h338.35−0.136%$28K$67K10xas long as short
edgeX AAPLUSDC−0.0234%4h338.58−0.068%$81K$326K20xas long as short
Nado AAPL-PERP−0.0030%1h338.60−0.062%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.71−0.030%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.72−0.027%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.71−0.030%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.45−0.106%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.75−0.018%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.66−0.045%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.64−0.050%$711$4.7M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h338.72−0.027%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.60−0.062%$2.1M$6K10xas long as short
Lighter AAPL+0.0032%1h338.55−0.078%$765K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.62−0.056%$956K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.49−0.094%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.63−0.053%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.36−0.133%$263K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.62−0.056%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.38−0.127%$1.4M$2.4M20xas long as short
BloFin AAPL-USDTlong+0.0052%8h338.81long leg$345K$169K20x
QFEX AAPL-USD+0.0059%1h338.60−0.062%$3.3M$5.0M10xas long as short
Variational Omni AAPL+0.0060%8h338.62−0.058%$2.4M$1.4Mas long as short
Extended AAPL_24_5-USD+0.0080%1h338.61−0.060%$284K$2.0M10xas long as short
Binance AAPLUSDTshort+0.0081%8h338.69−0.036%$22.2M$66.8M25x
KuCoin AAPLUSDTM+0.0100%8h338.63−0.053%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.53−0.083%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.54−0.080%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.57−0.071%$10K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.61−0.059%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.51−0.089%$655K$668K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.52−0.086%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.76−0.015%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.57−0.071%$269K$70K20xas long as short