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= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against BloFin0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now 0.000%, 7d avg −0.016%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAPL-USDT339.83−0.0029get 0.0029% / 8h23m 12s$344K$167K20x
ShortBybit AAPLUSDT339.830get 0.0000% / 8h23m 12s$7.4M$153.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$6.02
Price spread: 0.000% → −0.016%
$1.58
Slippage, 4 orders
−$1.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$17.35
Costs to cover
0.249%
Break-even
27.2 days
Slippage from BloFin: live order book, 57 min ago; Bybit: live order book, 1 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, 57 min ago0.29 bp6.6 bp −$78.3 bp −$8316.2 bp −$1,623doesn't fit
Sell Bybit live order book, 1 min ago0.15 bp5.6 bp −$65.8 bp −$5817.7 bp −$1,770doesn'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−0.0368%1h339.54−0.085%$28K$69K10xas long as short
edgeX AAPLUSDC−0.0245%4h339.72−0.032%$81K$326K20xas long as short
Nado AAPL-PERP−0.0149%1h339.81−0.006%$556K$36K20xas long as short
BloFin AAPL-USDTlong−0.0029%8h339.83long leg$344K$167K20x
Aster AAPLUSDT0.0000%8h339.77−0.018%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.73−0.030%$289K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.80−0.007%$22.1M$67.4M25xas long as short
Bybit AAPLUSDTshort0.0000%8h339.830.000%$7.4M$153.8M100x
OKX AAPL-USDT-SWAP0.0000%8h339.82−0.003%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.63−0.059%$3.0M$5.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.89+0.018%$6.2M$3.6M100xas long as short
Variational Omni AAPL0.0000%8h339.77−0.016%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.83−0.001%$13K$357K10xas long as short
SunX AAPL-USDT0.0000%8h339.80−0.009%$632$4.5M20xas long as short
HTX AAPL-USDT0.0000%8h339.86+0.009%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.87+0.012%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0027%1h339.78−0.015%$3.2M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.76−0.021%$942K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.75−0.024%$949K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.67−0.047%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.73−0.029%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.75−0.024%$40.6M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.72−0.032%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.75−0.024%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.58−0.074%$1.3M$2.3M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0064%1h339.55−0.082%$660K$661K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.51−0.094%$1.4M$47K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.71−0.035%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.69−0.041%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.72−0.033%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0120%1h339.73−0.029%$36K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.59−0.071%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h339.79−0.012%$5K$12K20xas long as short