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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0142%/8h= −15.5% APRnext payment $0.18 per $10,000 · paid last 24h +0.002%
Price spread now: SoDEX against Coinbase International−0.029%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAPL-PERP-INTX339.030.0192pay 0.0024% / 1h22m 47s$660K$676K10x
ShortSoDEX AAPL-USD338.930.0050get 0.0006% / 1h22m 47s$75K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$29.82
Price spread: −0.029% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$50.77
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 55 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 55 min ago1.77 bp7.9 bp −$812.2 bp −$122doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0702%4h339.01−0.007%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.02−0.003%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.08+0.015%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.00−0.009%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.81−0.065%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.06+0.009%$363$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.69−0.100%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.19+0.047%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.05+0.006%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0021%8h339.08+0.014%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h338.98−0.015%$966K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.71−0.094%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.87−0.047%$265K$394K10xas long as short
SoDEX AAPL-USDshort+0.0050%1h338.93−0.029%$75K$3K10x
Ondo Perps AAPL-USD.P+0.0050%1h338.78−0.074%$1.4M$2.4M20xas long as short
Bitget AAPLUSDT+0.0064%8h339.08+0.015%$6.2M$3.5M100xas long as short
QFEX AAPL-USD+0.0064%1h339.05+0.006%$3.2M$5.1M10xas long as short
Lighter AAPL+0.0072%1h338.93−0.030%$772K$2.4M20xas long as short
Variational Omni AAPL+0.0081%8h339.05+0.004%$2.4M$1.4Mas long as short
Hotstuff AAPL-PERP+0.0088%1h338.92−0.032%$36K20xas long as short
BloFin AAPL-USDT+0.0099%8h339.05+0.006%$350K$167K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.83−0.059%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.77−0.077%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.97−0.018%$4K10xas long as short
Extended AAPL_24_5-USD+0.0104%1h339.00−0.009%$285K$1.5M10xas long as short
Aevo AAPL-PERP+0.0104%1h339.00−0.008%$11K10xas long as short
Binance AAPLUSDT+0.0108%8h339.05+0.006%$22.4M$67.0M25xas long as short
Nado AAPL-PERP+0.0119%1h338.78−0.075%$556K$33K20xas long as short
tradeXYZ xyz:AAPL+0.0185%1h338.92−0.032%$40.8M$76.2M20xas long as short
Coinbase International AAPL-PERP-INTXlong+0.0192%1h339.03long leg$660K$676K10x
Injective AAPL/USDC PERP+0.0220%1h339.50+0.139%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.02−0.003%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.93−0.029%$269K$70K20xas long as short