Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0309%/8h= +33.9% APRpaid last 24h −0.005%

Price spread now: HTX against Deribit+0.103%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and HTX is 0.103% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AAPL_USDC-PERPETUAL	339.45	−0.0309	get 0.0039% / 1h	29m 57s	$28K	$68K	10x
Short	HTX AAPL-USDT	339.80	0	get 0.0000% / 8h	2h 29m	$53K	$225K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Deribit. 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 DeribitbpFee HTXbpOrdersPrice spread, now +0.103%Rate

Funding earned: $64.98
Price spread: +0.103% → 0.000%: $10.31
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: $56.29
Costs to cover: 0.190%
Break-even: 0.9 days

Slippage unknown: Deribit: no order-book sample; HTX: live order book, 17 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell HTX live order book, 17 min ago	2.80 bp	13.2 bp −$13	16.3 bp −$163	doesn't fit	doesn't fit

Deribit: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAPL_USDC-PERPETUALlong	−0.0309%	1h	339.45	long leg	$28K	$68K	10x
edgeX AAPLUSDC	−0.0099%	4h	339.50	+0.015%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0091%	1h	339.69	+0.071%	$556K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0003%	8h	339.57	+0.035%	$342K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.57	+0.037%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.57	+0.034%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.65	+0.060%	$22.0M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.65	+0.059%	$5.8M	$88.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.69	+0.071%	$6.2M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.41	−0.012%	$3.0M	$4.7M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.69	+0.071%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.61	+0.046%	$2.4M	$1.3M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.52	+0.021%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.62	+0.050%	$462	$4.6M	20x	as long as short
HTX AAPL-USDTshort	0.0000%	8h	339.80	+0.103%	$53K	$225K	30x
Phemex AAPLUSDT	0.0000%	4h	339.66	+0.062%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.55	+0.029%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.61	+0.047%	$839K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.61	+0.047%	$940K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.39	−0.018%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.53	+0.024%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.51	+0.018%	$662K	$660K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.56	+0.032%	$40.6M	$76.4M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.50	+0.015%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.54	+0.027%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.38	−0.021%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	339.44	−0.003%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.34	−0.032%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.53	+0.024%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.52	+0.021%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.57	+0.035%	$11K	—	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.52	+0.021%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.40	−0.015%	$191K	$44K	30x	as long as short