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+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.010%
Price spread now: ApeX Omni against Coinbase International+0.085%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.085%, 7d avg +0.014%
Together, before fees+0.264%+$26 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 0.071% dearer against Coinbase International than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAPL-PERP-INTX339.560.0024pay 0.0003% / 1h0m 49s$660K$652K10x
ShortApeX Omni AAPLUSDT339.850.0100get 0.0013% / 1h0m 49s$949K$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$15.96
Price spread: +0.085% → +0.014%
$7.11
Slippage, 4 orders
−$10.14
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$7.07
Costs to cover
0.301%
Break-even
10.1 days
Slippage from Coinbase International: live order book, 32 min ago; ApeX Omni: 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 Coinbase International live order book, 32 min ago2.21 bp7.7 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell ApeX Omni live order book, 3 min ago2.35 bp7.8 bp −$89.1 bp −$91doesn'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−0.0477%4h339.98+0.125%$81K$327K20xas long as short
Nado AAPL-PERP−0.0019%1h339.87+0.090%$556K$35K20xas long as short
Aster AAPLUSDT0.0000%8h339.88+0.095%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.90+0.099%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h340.00+0.128%$22.1M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h340.04+0.141%$6.5M$225.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.96+0.118%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.76+0.059%$3.0M$6.7M100xas long as short
Bitget AAPLUSDT0.0000%8h339.97+0.121%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h340.00+0.128%$2.5M$1.2Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h340.04+0.141%$22K$345K10xas long as short
SunX AAPL-USDT0.0000%8h339.99+0.127%$656$4.3M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.88+0.094%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h340.08+0.153%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.96+0.118%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.96+0.118%$3.3M$4.2M10xas long as short
BloFin AAPL-USDT+0.0016%8h340.01+0.133%$345K$166K20xas long as short
Coinbase International AAPL-PERP-INTXlong+0.0024%1h339.56long leg$660K$652K10x
Lighter AAPL+0.0032%1h339.94+0.113%$928K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.92+0.106%$986K$3.3M20xas long as short
Arcus AAPL-USD+0.0040%1h339.85+0.085%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.74+0.053%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.90+0.100%$40.4M$76.7M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.84+0.082%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.89+0.097%$76K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.75+0.056%$1.3M$2.2M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.77+0.062%$1.4M$99K20xas long as short
ApeX Omni AAPLUSDTshort+0.0100%1h339.85+0.085%$949K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.84+0.082%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.82+0.078%$11K$10210xas long as short
Hotstuff AAPL-PERP+0.0168%1h339.86+0.088%$36K20xas long as short
Phoenix AAPL+0.0212%1h340.07+0.150%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.35+0.233%$192K$44K30xas long as short