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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.245%
Price spread now: Arcus against edgeX−0.002%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.649%+$65 on $10k
Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.002%, 7d avg −0.038%
Together, before fees+0.528%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Arcus is 0.036% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC338.77−0.0109get 0.0054% / 4h1h 37m$81K$326K20x
ShortArcus AAPL-USD338.760.0040get 0.0005% / 1h37m 29s$269K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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

Funding earned
$31.31
Price spread: −0.002% → −0.038%
$3.61
Slippage, 4 orders
−$25.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$4.38
Costs to cover
0.393%
Break-even
8.0 days
Slippage from edgeX: live order book, 26 min ago; Arcus: live order book, 26 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 edgeX live order book, 26 min ago5.31 bp10.2 bp −$1017.0 bp −$170doesn't fitdoesn't fit
Sell Arcus live order book, 26 min ago2.95 bp9.7 bp −$1012.5 bp −$125doesn'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 AAPLUSDClong−0.0109%4h338.77long leg$81K$326K20x
Nado AAPL-PERP−0.0058%1h338.82+0.017%$554K$38K20xas long as short
Hotstuff AAPL-PERP−0.0016%1h338.87+0.031%$36K20xas long as short
BloFin AAPL-USDT−0.0007%8h338.86+0.028%$343K$169K20xas long as short
Aster AAPLUSDT0.0000%8h338.95+0.055%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.82+0.017%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.91+0.043%$22.3M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.93+0.049%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.96+0.057%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.69−0.022%$3.0M$4.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.03+0.078%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.83+0.021%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.89+0.036%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h338.85+0.025%$515$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.63−0.040%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h338.98+0.063%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.84+0.022%$2.1M$6K10xas long as short
QFEX AAPL-USD+0.0013%1h338.79+0.007%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.78+0.003%$757K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.82+0.016%$951K$3.6M20xas long as short
Arcus AAPL-USDshort+0.0040%1h338.76−0.002%$269K$69K20x
Vest AAPL-USD-PERP+0.0046%1h338.66−0.031%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.84+0.022%$659K$667K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.63−0.040%$261K$370K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.80+0.010%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.58−0.055%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0051%1h338.81+0.013%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.83+0.019%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.67−0.028%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.70−0.019%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.73−0.009%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.58−0.055%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.95+0.054%$5K$11K20xas long as short