Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0577%/8h= +63.2% APRpaid last 24h +0.190%

Price spread now: KuCoin against edgeX−0.015%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1581.577% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.459%+$46 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now −0.015%, 7d avg −0.054%

Together, before fees+0.344%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.039% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	338.87	−0.0477	get 0.0239% / 4h	16m 52s	$81K	$327K	20x
Short	KuCoin AAPLUSDTM	338.82	0.0100	get 0.0100% / 8h	4h 16m	$1.4M	$27K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.015%Rate

Funding earned: $121.2
Price spread: −0.015% → −0.054%: $3.89
Slippage, 4 orders: −$136.72
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.63
Costs to cover: 1.577%
Break-even: 8.9 days

Slippage from edgeX: live order book, 41 min ago; KuCoin: live order book, 3 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, 41 min ago	5.17 bp	10.1 bp −$10	17.4 bp −$174	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.64 bp	65.8 bp −$66	doesn't fit	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	−0.0477%	4h	338.87	long leg	$81K	$327K	20x
Nado AAPL-PERP	−0.0020%	1h	338.77	−0.030%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0004%	8h	338.94	+0.020%	$342K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.78	−0.026%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.85	−0.007%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.94	+0.020%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.89	+0.005%	$5.9M	$47.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.90	+0.008%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.66	−0.063%	$3.0M	$4.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.97	+0.029%	$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	338.99	+0.033%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.96	+0.025%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.94	+0.020%	$400	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.72	−0.045%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.07	+0.058%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.98	+0.032%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.87	−0.001%	$3.2M	$4.7M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.80	−0.023%	$782K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.82	−0.015%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.83	−0.013%	$266K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.69	−0.054%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.81	−0.018%	$40.5M	$75.9M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.78	−0.027%	$278K	$422K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.81	−0.018%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.66	−0.063%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	338.81	−0.018%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.027%	$659K	$661K	10x	as long as short
KuCoin AAPLUSDTMshort	+0.0100%	8h	338.82	−0.015%	$1.4M	$27K	20x
ApeX Omni AAPLUSDT	+0.0100%	1h	338.76	−0.033%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.80	−0.021%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.81	−0.018%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.36	+0.144%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.97	+0.029%	$5K	$11K	20x	as long as short