Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.068%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.068%, 7d avg +0.036%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	338.75	0	get 0.0000% / 8h	2h 44m	$3.0M	$4.1M	100x
Short	Bybit AAPLUSDT	338.98	0	get 0.0000% / 8h	2h 44m	$6.3M	$24.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.036%: $3.17
Slippage, 4 orders: −$9.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.34
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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	1.03 bp	10.2 bp −$10	30.0 bp −$300	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.15 bp	5.8 bp −$6	11.6 bp −$116	47.1 bp −$4,711	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	−0.0325%	4h	338.95	+0.058%	$81K	$327K	20x	as long as short
BloFin AAPL-USDT	−0.0010%	8h	338.98	+0.068%	$355K	$165K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.85	+0.030%	$125K	$287K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.92	+0.049%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.95	+0.060%	$22.1M	$66.6M	25x	as long as short
Bybit AAPLUSDTshort	0.0000%	8h	338.98	+0.068%	$6.3M	$24.8M	100x
OKX AAPL-USDT-SWAP	0.0000%	8h	338.88	+0.038%	$6.6M	$6.8M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	338.75	long leg	$3.0M	$4.1M	100x
Bitget AAPLUSDT	0.0000%	8h	338.91	+0.047%	$6.2M	$3.3M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.94	+0.055%	$2.2M	$1.1M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	338.93	+0.053%	$14K	$522K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.96	+0.062%	$756	$4.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.81	+0.018%	$28K	$65K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.02	+0.080%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.97	+0.065%	$2.1M	$7K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.91	+0.046%	$731K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.94	+0.056%	$959K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.72	−0.009%	—	$43K	25x	as long as short
QFEX AAPL-USD	+0.0049%	1h	338.90	+0.044%	$3.2M	$4.8M	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.66	−0.027%	$261K	$366K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.92	+0.050%	$75K	$3K	10x	as long as short
Nado AAPL-PERP	+0.0050%	1h	338.76	+0.003%	$556K	$34K	20x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.75	0.000%	$1.3M	$2.2M	20x	as long as short
Hotstuff AAPL-PERP	+0.0096%	1h	338.95	+0.059%	$36K	—	20x	as long as short
KuCoin AAPLUSDTM	+0.0099%	8h	338.77	+0.006%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.77	+0.006%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.86	+0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.90	+0.043%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0144%	1h	339.05	+0.089%	$660K	$664K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0190%	1h	338.96	+0.062%	$40.8M	$76.6M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.32	+0.168%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	339.04	+0.086%	$2K	$12K	20x	as long as short
Arcus AAPL-USD	+0.0310%	1h	338.87	+0.035%	$269K	$69K	20x	as long as short