Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.0% APRpaid last 24h +0.207%

Price spread now: OKX against edgeX+0.017%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs+$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.490%+$49 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.017%, 7d avg −0.021%

Together, before fees+0.419%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.038% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.67	−0.0238	get 0.0119% / 4h	1h 05m	$81K	$326K	20x
Short	OKX AAPL-USDT-SWAP	339.73	0	get 0.0000% / 8h	1h 05m	$6.3M	$7.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $49.9
Price spread: +0.017% → −0.021%: $3.83
Slippage, 4 orders: −$14.54
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $20.19
Costs to cover: 0.335%
Break-even: 4.2 days

Slippage from edgeX: live order book, 38 min ago; OKX: 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, 38 min ago	4.86 bp	9.9 bp −$10	17.6 bp −$176	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.15 bp	6.2 bp −$6	11.5 bp −$115	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	−0.0238%	4h	339.67	long leg	$81K	$326K	20x
Nado AAPL-PERP	−0.0051%	1h	339.56	−0.034%	$555K	$37K	20x	as long as short
Hotstuff AAPL-PERP	−0.0016%	1h	339.67	−0.001%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.60	−0.020%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.63	−0.011%	$287K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.74	+0.020%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.81	+0.041%	$5.9M	$128.2M	100x	as long as short
OKX AAPL-USDT-SWAPshort	0.0000%	8h	339.73	+0.017%	$6.3M	$7.0M	25x
Gate AAPL_USDT	0.0000%	8h	339.53	−0.042%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.71	+0.011%	$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	339.75	+0.021%	$2.4M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.67	−0.001%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.73	+0.017%	$822	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.80	+0.038%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.73	+0.017%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.66	−0.004%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.036%	$660K	$663K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.73	+0.017%	$342K	$169K	20x	as long as short
Lighter AAPL	+0.0032%	1h	339.66	−0.004%	$944K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.65	−0.007%	$943K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.64	−0.009%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.47	−0.060%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.60	−0.021%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.69	+0.005%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.52	−0.045%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0080%	1h	339.67	−0.001%	$40.6M	$76.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.42	−0.074%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.50	−0.051%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.55	−0.036%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.63	−0.012%	$11K	$102	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0133%	1h	339.63	−0.012%	$28K	$69K	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.055%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.048%	$191K	$44K	30x	as long as short