Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.011%

Price spread now: BloFin against Extended+0.038%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$210.208% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.038%, 7d avg +0.034%

Together, before fees+0.051%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AAPL_24_5-USD	339.80	0	get 0.0000% / 1h	2m 39s	$285K	$2.1M	10x
Short	BloFin AAPL-USDT	339.93	−0.0003	pay 0.0003% / 8h	7h 02m	$346K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$0.61
Price spread: +0.038% → +0.034%: $0.38
Slippage, 4 orders: −$3.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.06
Costs to cover: 0.208%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; BloFin: live order book, 7 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 Extended live order book, 1 min ago	0.15 bp	3.8 bp −$4	15.0 bp −$150	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	0.59 bp	6.6 bp −$7	7.3 bp −$73	22.3 bp −$2,227	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 AAPLUSDC	−0.0477%	4h	339.98	+0.054%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0017%	1h	339.86	+0.017%	$556K	$35K	20x	as long as short
BloFin AAPL-USDTshort	−0.0003%	8h	339.93	+0.038%	$346K	$166K	20x
Aster AAPLUSDT	0.0000%	8h	339.92	+0.036%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USDlong	0.0000%	1h	339.80	long leg	$285K	$2.1M	10x
Binance AAPLUSDT	0.0000%	8h	339.90	+0.028%	$22.1M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.98	+0.053%	$6.4M	$224.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.92	+0.035%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.72	−0.024%	$3.0M	$6.7M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.92	+0.035%	$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	340.04	+0.069%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	340.04	+0.070%	$22K	$345K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.86	+0.017%	$697	$4.3M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.80	0.000%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.95	+0.044%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.98	+0.053%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.87	+0.020%	$3.3M	$4.2M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.56	−0.071%	$660K	$652K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.89	+0.026%	$928K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.87	+0.020%	$986K	$3.3M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.82	+0.006%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.77	−0.009%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.86	+0.017%	$40.4M	$76.7M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.81	+0.003%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.80	0.000%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.64	−0.047%	$1.3M	$2.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.82	+0.006%	$1.4M	$96K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.85	+0.014%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.84	+0.012%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.81	+0.002%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0168%	1h	339.86	+0.017%	$36K	—	20x	as long as short
Phoenix AAPL	+0.0212%	1h	340.09	+0.085%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.35	+0.162%	$192K	$44K	30x	as long as short