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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0622%/8h= +68.1% APRpaid last 24h +0.170%
Price spread now: Bitget against edgeX+0.008%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.395%+$40 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.008%, 7d avg +0.008%
Together, before fees+0.254%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.395% in total (about 20.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC338.99−0.0622get 0.0311% / 4h2h 27m$81K$325K20x
ShortBitget AAPLUSDT339.020get 0.0000% / 8h6h 27m$6.2M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$130.52
Price spread: +0.008% → +0.008%
$0.03
Slippage, 4 orders
−$18.61
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$90.94
Costs to cover
0.396%
Break-even
2.1 days
Slippage from edgeX: live order book, 41 min ago; Bitget: live order book, 1 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, 41 min ago5.32 bp10.5 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.15 bp9.7 bp −$1014.6 bp −$14640.1 bp −$4,013doesn't fit

AAPL on 32 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−0.0622%4h338.99long leg$81K$325K20x
Nado AAPL-PERP−0.0064%1h338.85−0.042%$555K$38K20xas long as short
Hotstuff AAPL-PERP−0.0016%1h338.97−0.006%$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.990.000%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.09+0.029%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.06+0.020%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h338.83−0.048%$3.0M$4.2M100xas long as short
Bitget AAPLUSDTshort0.0000%8h339.02+0.008%$6.2M$3.5M100x
GRVT AAPL_USDT_Perp0.0000%8h339.02+0.008%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.05+0.017%$753$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.18+0.056%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.11+0.035%$2.1M$6K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0016%1h338.88−0.033%$28K$67K10xas long as short
Variational Omni AAPL+0.0022%8h339.06+0.022%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h338.98−0.003%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.86−0.038%$742K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.91−0.024%$951K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h338.95−0.012%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.81−0.054%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.75−0.071%$262K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.94−0.015%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.75−0.071%$1.4M$2.5M20xas long as short
Binance AAPLUSDT+0.0052%8h339.06+0.020%$22.2M$66.8M25xas long as short
Extended AAPL_24_5-USD+0.0056%1h338.97−0.005%$288K$2.0M10xas long as short
tradeXYZ xyz:AAPL+0.0070%1h338.97−0.006%$40.8M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.76−0.068%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.80−0.056%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.87−0.036%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.90−0.026%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.142%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.82−0.051%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.10+0.032%$5K$11K20xas long as short