Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h −0.224%

Price spread now: edgeX against Coinbase International+0.043%77s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.358% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.553%−$55 on $10k

Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.043%, 7d avg +0.048%

Together, before fees−0.598%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AAPL-PERP-INTX	339.55	0.0048	pay 0.0006% / 1h	14m 17s	$660K	$661K	10x
Short	edgeX AAPLUSDC	339.69	−0.0517	pay 0.0259% / 4h	2h 14m	$81K	$328K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee edgeXbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$118.73
Price spread: +0.043% → +0.048%: −$0.57
Slippage, 4 orders: −$16.81
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$155.11
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 34 min ago; edgeX: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 34 min ago	2.21 bp	7.2 bp −$7	10.5 bp −$105	doesn't fit	doesn't fit
Sell edgeX live order book, 34 min ago	5.16 bp	10.7 bp −$11	18.3 bp −$183	doesn't fit	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDCshort	−0.0517%	4h	339.69	+0.043%	$81K	$328K	20x
Hotstuff AAPL-PERP	−0.0128%	1h	339.77	+0.065%	$36K	—	20x	as long as short
Nado AAPL-PERP	−0.0116%	1h	339.68	+0.038%	$556K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.66	+0.032%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.65	+0.029%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.70	+0.044%	$22.1M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.73	+0.053%	$5.9M	$92.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.85	+0.088%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.55	0.000%	$3.0M	$4.8M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.80	+0.074%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.75	+0.060%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.61	+0.018%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.78	+0.068%	$734	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.71	+0.047%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.89	+0.100%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.79	+0.071%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.67	+0.035%	$3.3M	$4.4M	10x	as long as short
BloFin AAPL-USDT	+0.0023%	8h	339.84	+0.085%	$341K	$168K	20x	as long as short
Lighter AAPL	+0.0032%	1h	339.67	+0.035%	$896K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.66	+0.032%	$945K	$3.7M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	+0.015%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.56	+0.003%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTXlong	+0.0048%	1h	339.55	long leg	$660K	$661K	10x
tradeXYZ xyz:AAPL	+0.0050%	1h	339.66	+0.032%	$40.6M	$76.6M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.58	+0.009%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.68	+0.038%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.53	−0.006%	$1.3M	$2.5M	20x	as long as short
KuCoin AAPLUSDTM	+0.0096%	8h	339.50	−0.015%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.58	+0.009%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.65	+0.029%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.67	+0.037%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.85	+0.088%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.012%	$191K	$44K	30x	as long as short