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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.161%
Price spread now: SunX against edgeX+0.025%46s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1891.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.025%, 7d avg +0.012%
Together, before fees+0.344%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.15−0.0022get 0.0011% / 4h2h 01m$81K$327K20x
ShortSunX AAPL-USDT339.240get 0.0000% / 8h6h 01m$723$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$4.61
Price spread: +0.025% → +0.012%
$1.39
Slippage, 4 orders
−$171.87
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$182.87
Costs to cover
1.889%
Break-even
284.6 days
Slippage from edgeX: live order book, 2 min ago; SunX: live order book, 7 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, 2 min ago5.31 bp10.2 bp −$1017.0 bp −$170doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago79.72 bp84.2 bp −$84doesn't fitdoesn't fitdoesn't fit

AAPL on 32 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
Nado AAPL-PERP−0.0089%1h339.15−0.001%$555K$38K20xas long as short
edgeX AAPLUSDClong−0.0022%4h339.15long leg$81K$327K20x
Aster AAPLUSDT0.0000%8h339.20+0.014%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.30+0.043%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.24+0.025%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h339.04−0.034%$3.0M$4.3M100xas long as short
Bitget AAPLUSDT0.0000%8h339.28+0.037%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.23+0.021%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.21+0.016%$17K$433K10xas long as short
SunX AAPL-USDTshort0.0000%8h339.24+0.025%$723$4.7M20x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.07−0.025%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.40+0.073%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.30+0.043%$2.1M$6K10xas long as short
Extended AAPL_24_5-USD+0.0016%1h339.18+0.007%$288K$2.0M10xas long as short
Binance AAPLUSDT+0.0018%8h339.26+0.031%$22.3M$66.9M25xas long as short
QFEX AAPL-USD+0.0028%1h339.16+0.002%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.12−0.011%$749K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.16+0.002%$950K$3.5M20xas long as short
Arcus AAPL-USD+0.0040%1h339.10−0.016%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.12−0.010%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.94−0.063%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.19+0.011%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.95−0.060%$1.4M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0053%1h339.21+0.017%$40.8M$75.8M20xas long as short
Hotstuff AAPL-PERP+0.0088%1h339.21+0.017%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.14−0.004%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.14−0.004%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.12−0.010%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.13−0.006%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h339.01−0.042%$656K$666K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.10−0.016%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.33+0.052%$5K$11K20xas long as short