Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0592%/8h= +64.9% APRpaid last 24h +0.229%

Price spread now: Polymarket Perps against edgeX−0.032%64s7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs+$21as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.343% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.550%+$55 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.032%, 7d avg −0.072%

Together, before fees+0.497%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Polymarket Perps is 0.040% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.072%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	338.74	−0.0542	get 0.0271% / 4h	44m 33s	$81K	$328K	20x
Short	Polymarket Perps AAPL-USD	338.63	0.0050	get 0.0006% / 1h	44m 33s	$253K	$395K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.032%Rate

Funding earned: $124.42
Price spread: −0.032% → −0.072%: $4.01
Slippage, 4 orders: −$17.33
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $94.1
Costs to cover: 0.343%
Break-even: 1.7 days

Slippage from edgeX: live order book, 14 min ago; Polymarket Perps: live order book, 13 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, 14 min ago	5.17 bp	10.1 bp −$10	17.4 bp −$174	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 13 min ago	2.07 bp	7.5 bp −$8	7.7 bp −$77	9.7 bp −$972	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	−0.0542%	4h	338.74	long leg	$81K	$328K	20x
BloFin AAPL-USDT	−0.0029%	8h	338.87	+0.039%	$342K	$168K	20x	as long as short
Nado AAPL-PERP	−0.0008%	1h	338.74	0.000%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.85	+0.034%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.80	+0.019%	$286K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.91	+0.051%	$22.2M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.86	+0.036%	$6.0M	$39.6M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.92	+0.054%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.65	−0.026%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.95	+0.063%	$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	338.86	+0.035%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.77	+0.010%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.88	+0.042%	$830	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.60	−0.041%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.96	+0.066%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.83	+0.027%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.82	+0.024%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.74	+0.001%	$779K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.79	+0.016%	$948K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.72	−0.005%	$269K	$68K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.64	−0.029%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USDshort	+0.0050%	1h	338.63	−0.032%	$253K	$395K	10x
SoDEX AAPL-USD	+0.0050%	1h	338.79	+0.016%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.61	−0.038%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0060%	1h	338.77	+0.010%	$40.5M	$75.9M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	+0.013%	$659K	$664K	10x	as long as short
Hotstuff AAPL-PERP	+0.0088%	1h	338.77	+0.010%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.76	+0.007%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.52	−0.064%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.75	+0.004%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.76	+0.006%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.52	−0.064%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.93	+0.057%	$5K	$11K	20x	as long as short