Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0471%/8h= +51.6% APRpaid last 24h +0.217%

Price spread now: GRVT against edgeX+0.010%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs+$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.453%+$45 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.010%, 7d avg +0.013%

Together, before fees+0.462%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$46 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$14 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	338.84	−0.0471	get 0.0235% / 4h	1h 35m	$81K	$326K	20x
Short	GRVT AAPL_USDT_Perp	338.87	0	get 0.0000% / 8h	5h 35m	$17K	$433K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.010%Rate

Funding earned: $98.88
Price spread: +0.010% → +0.013%: −$0.3
Slippage, 4 orders: −$14.75
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $65.83
Costs to cover: 0.328%
Break-even: 2.3 days

Slippage from edgeX: live order book, 28 min ago; GRVT: live order book, 27 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, 28 min ago	5.31 bp	10.2 bp −$10	17.0 bp −$170	doesn't fit	doesn't fit
Sell GRVT live order book, 27 min ago	1.33 bp	6.4 bp −$6	9.6 bp −$96	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	−0.0471%	4h	338.84	long leg	$81K	$326K	20x
Nado AAPL-PERP	−0.0059%	1h	338.77	−0.019%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.87	+0.009%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.80	−0.011%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.91	+0.020%	$22.3M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.92	+0.025%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.96	+0.037%	$6.3M	$6.8M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	338.84	+0.001%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.65	−0.055%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.98	+0.042%	$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	338.92	+0.023%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perpshort	0.0000%	8h	338.87	+0.010%	$17K	$433K	10x
SunX AAPL-USDT	0.0000%	8h	338.90	+0.019%	$549	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.73	−0.031%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.02	+0.054%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.89	+0.016%	$2.1M	$6K	10x	as long as short
BloFin AAPL-USDT	0.0000%	8h	338.86	+0.007%	$343K	$169K	20x	as long as short
QFEX AAPL-USD	+0.0013%	1h	338.87	+0.010%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.75	−0.025%	$757K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.80	−0.011%	$951K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.79	−0.014%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.69	−0.043%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.78	−0.017%	$659K	$673K	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.63	−0.061%	$261K	$370K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.86	+0.007%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.58	−0.076%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0057%	1h	338.85	+0.004%	$40.7M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.80	−0.011%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.75	−0.025%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.78	−0.017%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.78	−0.015%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.58	−0.076%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.95	+0.034%	$5K	$11K	20x	as long as short