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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0517%/8h= +56.7% APRpaid last 24h +0.210%
Price spread now: Extended against edgeX+0.013%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.504%+$50 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.013%, 7d avg −0.016%
Together, before fees+0.434%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Extended is 0.029% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.69−0.0517get 0.0259% / 4h2h 15m$81K$328K20x
ShortExtended AAPL_24_5-USD339.740get 0.0000% / 1h15m 17s$288K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$108.65
Price spread: +0.013% → −0.016%
$2.91
Slippage, 4 orders
−$14.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$83.01
Costs to cover
0.286%
Break-even
1.7 days
Slippage from edgeX: live order book, 33 min ago; Extended: live order book, 3 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, 33 min ago5.16 bp10.2 bp −$1017.9 bp −$179doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.15 bp3.8 bp −$415.4 bp −$154doesn'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−0.0517%4h339.69long leg$81K$328K20x
Hotstuff AAPL-PERP−0.0128%1h339.68−0.004%$36K20xas long as short
Nado AAPL-PERP−0.0117%1h339.69−0.001%$556K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.73+0.009%$121K$292K20xas long as short
Extended AAPL_24_5-USDshort0.0000%1h339.74+0.013%$288K$1.8M10x
Binance AAPLUSDT0.0000%8h339.84+0.043%$22.1M$67.6M25xas long as short
Bybit AAPLUSDT0.0000%8h339.86+0.049%$5.9M$91.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.85+0.046%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.61−0.025%$3.0M$4.8M100xas long as short
Bitget AAPLUSDT0.0000%8h339.74+0.013%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.75+0.018%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.61−0.024%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.82+0.037%$622$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.57−0.037%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.89+0.057%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h339.79+0.028%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0020%1h339.69−0.001%$3.3M$4.4M10xas long as short
BloFin AAPL-USDT+0.0023%8h339.84+0.043%$341K$168K20xas long as short
Lighter AAPL+0.0032%1h339.68−0.005%$894K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.67−0.007%$945K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.58−0.034%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.60−0.028%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.71+0.004%$661K$662K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.74+0.013%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.66−0.010%$278K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.71+0.004%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.53−0.049%$1.3M$2.5M20xas long as short
KuCoin AAPLUSDTM+0.0094%8h339.53−0.049%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.58−0.034%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.68−0.004%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.71+0.004%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.85+0.046%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.51−0.054%$191K$44K30xas long as short