Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0474%/8h= +51.9% APRpaid last 24h +0.219%

Price spread now: BloFin against edgeX−0.016%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs+$32as in the Funding arb table

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

costs, in and out, $10k−$340.337% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.659%+$66 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.016%, 7d avg +0.020%

Together, before fees+0.577%+ Points / potential airdropedgeX: Active · farm board+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.035% cheaper against edgeX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.020%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.98	−0.0477	get 0.0239% / 4h	3h 01m	$81K	$327K	20x
Short	BloFin AAPL-USDT	339.93	−0.0003	pay 0.0003% / 8h	7h 01m	$346K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.016%Rate

Funding earned: $99.6
Price spread: −0.016% → +0.020%: −$3.54
Slippage, 4 orders: −$12.67
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $62.4
Costs to cover: 0.337%
Break-even: 2.6 days

Slippage from edgeX: live order book, 31 min ago; BloFin: live order book, 8 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, 31 min ago	2.65 bp	7.5 bp −$8	15.2 bp −$152	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	0.59 bp	6.6 bp −$7	7.3 bp −$73	22.3 bp −$2,227	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	−0.0477%	4h	339.98	long leg	$81K	$327K	20x
Nado AAPL-PERP	−0.0019%	1h	339.86	−0.036%	$556K	$35K	20x	as long as short
BloFin AAPL-USDTshort	−0.0003%	8h	339.93	−0.016%	$346K	$166K	20x
Aster AAPLUSDT	0.0000%	8h	339.90	−0.025%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.90	−0.024%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	340.00	+0.005%	$22.1M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	340.01	+0.008%	$6.5M	$224.6M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.96	−0.007%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.77	−0.063%	$3.0M	$6.7M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.94	−0.013%	$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	340.04	+0.015%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	340.04	+0.017%	$22K	$345K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.86	−0.036%	$585	$4.3M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.83	−0.045%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.12	+0.040%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.96	−0.007%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.87	−0.033%	$3.3M	$4.2M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.56	−0.124%	$660K	$652K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.94	−0.012%	$928K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.92	−0.019%	$986K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.85	−0.039%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.75	−0.069%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.88	−0.030%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.84	−0.042%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.88	−0.030%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.75	−0.069%	$1.3M	$2.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.79	−0.057%	$1.4M	$98K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.85	−0.039%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.84	−0.042%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.81	−0.050%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0168%	1h	339.86	−0.036%	$36K	—	20x	as long as short
Phoenix AAPL	+0.0212%	1h	340.09	+0.031%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.35	+0.108%	$192K	$44K	30x	as long as short