Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0338%/8h= +37.0% APRpaid last 24h +0.237%

Price spread now: ApeX Omni against edgeX−0.051%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs+$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.711%+$71 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.051%, 7d avg −0.034%

Together, before fees+0.713%+ Points / potential airdropedgeX: Active · farm board+$71 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.67	−0.0238	get 0.0119% / 4h	1h 05m	$81K	$326K	20x
Short	ApeX Omni AAPLUSDT	339.50	0.0100	get 0.0013% / 1h	5m 38s	$948K	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.051%Rate

Funding earned: $70.9
Price spread: −0.051% → −0.034%: −$1.7
Slippage, 4 orders: −$16.44
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $33.76
Costs to cover: 0.354%
Break-even: 3.7 days

Slippage from edgeX: live order book, 38 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 38 min ago	4.86 bp	9.9 bp −$10	17.6 bp −$176	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 3 min ago	2.21 bp	7.6 bp −$8	9.0 bp −$90	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 AAPLUSDClong	−0.0238%	4h	339.67	long leg	$81K	$326K	20x
Nado AAPL-PERP	−0.0051%	1h	339.56	−0.034%	$555K	$37K	20x	as long as short
Hotstuff AAPL-PERP	−0.0016%	1h	339.67	−0.001%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.60	−0.020%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.63	−0.011%	$287K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.72	+0.014%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.79	+0.035%	$5.9M	$128.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.73	+0.017%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.53	−0.042%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.70	+0.008%	$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	+0.021%	$2.4M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.67	−0.001%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.73	+0.017%	$822	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.80	+0.038%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.73	+0.017%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.66	−0.004%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.036%	$660K	$663K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.73	+0.017%	$342K	$169K	20x	as long as short
Lighter AAPL	+0.0032%	1h	339.66	−0.004%	$944K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.65	−0.007%	$943K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.64	−0.009%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.48	−0.057%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.60	−0.021%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.69	+0.005%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.52	−0.045%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0080%	1h	339.69	+0.005%	$40.6M	$76.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.43	−0.071%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	339.50	−0.051%	$948K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.55	−0.036%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.63	−0.013%	$11K	$102	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0133%	1h	339.63	−0.012%	$28K	$69K	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.78	+0.032%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.048%	$191K	$44K	30x	as long as short