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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0069%/8h= −7.6% APRnext payment $0.69 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit+0.003%46s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1801.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.003%, 7d avg +0.007%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AAPLUSDT340.150.0069pay 0.0069% / 8h7h 47m$6.4M$180.1M100x
ShortSunX AAPL-USDT340.160get 0.0000% / 8h7h 47m$571$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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
−$14.5
Price spread: +0.003% → +0.007%
−$0.4
Slippage, 4 orders
−$160.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$194.86
Costs to cover
1.800%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 11 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 Bybit live order book, 2 min ago0.15 bp5.6 bp −$66.7 bp −$6718.7 bp −$1,866doesn't fit
Sell SunX live order book, 11 min ago79.91 bp84.3 bp −$84doesn'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−0.0921%4h339.95−0.058%$81K$327K20xas long as short
Nado AAPL-PERP−0.0019%1h339.93−0.065%$557K$36K20xas long as short
BloFin AAPL-USDT−0.0011%8h340.04−0.032%$344K$166K20xas long as short
Hotstuff AAPL-PERP−0.0008%1h340.04−0.032%$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.95−0.060%$121K$294K20xas long as short
Extended AAPL_24_5-USD0.0000%1h340.03−0.035%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.10−0.015%$22.2M$67.3M25xas long as short
OKX AAPL-USDT-SWAP0.0000%8h340.10−0.015%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.94−0.062%$3.0M$5.6M100xas long as short
Bitget AAPLUSDT0.0000%8h340.12−0.009%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h340.04−0.034%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h340.04−0.032%$13K$349K10xas long as short
SunX AAPL-USDTshort0.0000%8h340.16+0.003%$571$4.4M20x
HTX AAPL-USDT0.0000%8h340.24+0.026%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h340.07−0.024%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h340.03−0.035%$3.2M$4.2M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.92−0.068%$663K$656K10xas long as short
Lighter AAPL+0.0032%1h340.04−0.034%$932K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h340.01−0.041%$957K$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h340.02−0.038%$267K$59K20xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0044%1h339.99−0.047%$28K$69K10xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.90−0.073%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.85−0.088%$279K$375K10xas long as short
SoDEX AAPL-USD+0.0050%1h340.00−0.044%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.89−0.076%$1.3M$2.4M20xas long as short
Bybit AAPLUSDTlong+0.0069%8h340.15long leg$6.4M$180.1M100x
KuCoin AAPLUSDTM+0.0100%8h339.93−0.065%$1.4M$64K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.86−0.085%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.96−0.056%$4K10xas long as short
tradeXYZ xyz:AAPL+0.0103%1h340.02−0.038%$40.3M$76.6M20xas long as short
Aevo AAPL-PERP+0.0104%1h339.94−0.061%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h340.13−0.006%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.55+0.118%$192K$44K30xas long as short