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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.056%
Price spread now: Injective against Coinbase International+0.133%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.414%+$41 on $10k
Price spread, last 3 days (all we have)−0.216%−$22 · spread now +0.133%, 7d avg +0.133%
Together, before fees+0.198%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.133%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAPL-PERP-INTX338.960.0144pay 0.0018% / 1h24m 45s$658K$671K10x
ShortInjective AAPL/USDC PERP339.410.0220get 0.0028% / 1h24m 45s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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: +0.133% → +0.133%
−$0.05
Slippage, 4 orders
−$22.98
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$17.09
Costs to cover
0.330%
Break-even
14.5 days
Slippage from Coinbase International: live order book, 63 min ago; Injective: live order book, 64 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, 63 min ago1.48 bp6.5 bp −$610.9 bp −$109doesn't fitdoesn't fit
Sell Injective live order book, 64 min ago9.88 bp10.2 bp −$1010.2 bp −$102doesn'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−0.0552%4h339.00+0.012%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h338.76−0.060%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.90−0.017%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h338.89−0.021%$22.1M$66.8M25xas long as short
Bybit AAPLUSDT0.0000%8h338.94−0.006%$6.3M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.86−0.030%$6.6M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.78−0.053%$3.0M$4.1M100xas long as short
Bitget AAPLUSDT0.0000%8h338.960.000%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.01+0.016%$2.2M$1.1Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.99+0.008%$14K$522K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.00+0.012%$827$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.05+0.027%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.06+0.030%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0022%8h339.00+0.012%$354K$165K20xas long as short
Lighter AAPL+0.0032%1h338.84−0.035%$761K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.87−0.027%$980K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.72−0.071%$43K25xas long as short
QFEX AAPL-USD+0.0049%1h338.92−0.012%$3.2M$4.9M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.68−0.083%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.99+0.009%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.68−0.083%$1.3M$2.2M20xas long as short
Nado AAPL-PERP+0.0076%1h338.77−0.055%$556K$34K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.72−0.071%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.72−0.071%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.90−0.018%$4K10xas long as short
Hotstuff AAPL-PERP+0.0104%1h338.98+0.006%$36K20xas long as short
Aevo AAPL-PERP+0.0104%1h338.94−0.006%$11K10xas long as short
Coinbase International AAPL-PERP-INTXlong+0.0144%1h338.96long leg$658K$671K10x
tradeXYZ xyz:AAPL+0.0205%1h338.85−0.032%$40.7M$76.7M20xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.41+0.133%$191K$44K30x
Deribit AAPL_USDC-PERPETUAL+0.0252%1h339.01+0.015%$28K$65K10xas long as short
Phoenix AAPL+0.0283%1h339.10+0.041%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.86−0.030%$269K$69K20xas long as short