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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h −0.061%
Price spread now: KuCoin against BloFin−0.083%80s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1411.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.083%, 7d avg −0.074%
Together, before fees−0.096%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAPL-USDT339.050.0085pay 0.0085% / 8h17m 55s$348K$170K20x
ShortKuCoin AAPLUSDTM338.770.0100get 0.0100% / 8h17m 55s$1.4M$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$3.05
Price spread: −0.083% → −0.074%
−$0.83
Slippage, 4 orders
−$117.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$138.86
Costs to cover
1.411%
Break-even
326.0 days
Slippage from BloFin: live order book, 57 min ago; KuCoin: live order book, 3 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 ago0.15 bp6.5 bp −$67.6 bp −$7621.6 bp −$2,163doesn't fit
Sell KuCoin live order book, 3 min ago5.75 bp56.8 bp −$57doesn't fitdoesn't fitdoesn'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
edgeX AAPLUSDC−0.0889%4h339.01−0.013%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h338.99−0.018%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.02−0.009%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.01−0.012%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.83−0.065%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.00−0.015%$542$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.13+0.024%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.06+0.003%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0022%8h339.08+0.009%$14K$498K10xas long as short
Lighter RH AAPL+0.0032%1h338.90−0.044%$964K$3.8M20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AAPL-USD-PERP+0.0046%1h338.62−0.127%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.82−0.068%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.87−0.053%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.77−0.083%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h338.97−0.024%$3.2M$5.1M10xas long as short
Lighter AAPL+0.0072%1h338.86−0.057%$771K$2.4M20xas long as short
Bitget AAPLUSDT+0.0072%8h339.02−0.009%$6.2M$3.5M100xas long as short
BloFin AAPL-USDTlong+0.0085%8h339.05long leg$348K$170K20x
Variational Omni AAPL+0.0087%8h339.06+0.001%$2.4M$1.4Mas long as short
Hotstuff AAPL-PERP+0.0096%1h338.85−0.059%$36K20xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h338.77−0.083%$1.4M$27K20x
ApeX Omni AAPLUSDT+0.0100%1h338.74−0.091%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.90−0.044%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.96−0.025%$11K10xas long as short
Extended AAPL_24_5-USD+0.0112%1h338.95−0.031%$285K$1.5M10xas long as short
Binance AAPLUSDT+0.0112%8h339.00−0.015%$22.4M$67.0M25xas long as short
Nado AAPL-PERP+0.0120%1h338.69−0.106%$556K$33K20xas long as short
tradeXYZ xyz:AAPL+0.0187%1h338.87−0.053%$40.8M$76.3M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.006%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.50+0.133%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.10+0.015%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.85−0.059%$269K$70K20xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0400%1h338.88−0.050%$28K$66K10xas long as short