Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Gate+0.030%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 7 days0.000%$0 · spread now +0.030%, 7d avg +0.015%

Together, before fees+0.223%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	338.39	0	get 0.0000% / 8h	7h 09m	$3.0M	$4.2M	100x
Short	ApeX Omni AAPLUSDT	338.49	0.0100	get 0.0013% / 1h	9m 36s	$945K	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.030%Rate

Funding earned: $21
Price spread: +0.030% → +0.015%: $1.5
Slippage, 4 orders: −$16.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$19.44
Costs to cover: 0.419%
Break-even: 13.5 days

Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 5 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 Gate live order book, 4 min ago	1.33 bp	11.6 bp −$12	30.1 bp −$301	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 5 min ago	3.25 bp	9.1 bp −$9	13.1 bp −$131	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 AAPLUSDC	−0.0817%	4h	338.56	+0.051%	$81K	$325K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0311%	1h	338.31	−0.024%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0025%	1h	338.55	+0.046%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.66	+0.079%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.66	+0.080%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.68	+0.086%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	338.39	long leg	$3.0M	$4.2M	100x
Bitget AAPLUSDT	0.0000%	8h	338.68	+0.086%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.67	+0.083%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.62	+0.068%	$603	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	338.73	+0.100%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.60	+0.062%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.51	+0.035%	$765K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.56	+0.050%	$956K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.47	+0.024%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.59	+0.059%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.34	−0.015%	$263K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.59	+0.059%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.33	−0.018%	$1.4M	$2.4M	20x	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	338.59	+0.059%	$36K	—	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.59	+0.059%	$3.3M	$5.0M	10x	as long as short
Variational Omni AAPL	+0.0060%	8h	338.62	+0.066%	$2.4M	$1.4M	—	as long as short
BloFin AAPL-USDT	+0.0068%	8h	338.81	+0.124%	$345K	$169K	20x	as long as short
Binance AAPLUSDT	+0.0086%	8h	338.64	+0.074%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0088%	1h	338.56	+0.051%	$284K	$2.0M	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.63	+0.071%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	338.49	+0.030%	$945K	$10.9M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.50	+0.033%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.53	+0.040%	$10K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	+0.035%	$655K	$670K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.52	+0.038%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.71	+0.095%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.56	+0.050%	$269K	$70K	20x	as long as short