Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h −0.012%

Price spread now: Hotstuff against Gate+0.009%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 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	338.91	0	get 0.0000% / 8h	1h 13m	$3.0M	$4.2M	100x
Short	Hotstuff AAPL-PERP	338.94	0.0080	get 0.0010% / 1h	13m 03s	$36K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now +0.009%Rate

Funding earned: $16.8
Price spread: +0.009% → 0.000%: $0.89
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$2.31
Costs to cover: 0.200%
Break-even: 8.0 days

Slippage unknown: Gate: live order book, 5 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 5 min ago	1.18 bp	12.3 bp −$12	33.8 bp −$338	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0896%	4h	339.04	+0.037%	$81K	$327K	20x	as long as short
BloFin AAPL-USDT	−0.0006%	8h	339.09	+0.053%	$351K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.14	+0.067%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.18	+0.080%	$6.1M	$39.8M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.11	+0.059%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	338.91	long leg	$3.0M	$4.2M	100x
Bitget AAPLUSDT	0.0000%	8h	339.08	+0.050%	$6.2M	$3.3M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.07	+0.049%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.10	+0.055%	$14K	$498K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.11	+0.059%	$576	$4.8M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.81	−0.030%	$28K	$65K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.24	+0.097%	$53K	$222K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.13	+0.065%	$2.1M	$7K	10x	as long as short
Binance AAPLUSDT	+0.0006%	8h	339.13	+0.064%	$22.4M	$67.3M	25x	as long as short
Extended AAPL_24_5-USD	+0.0008%	1h	339.06	+0.045%	$285K	$1.5M	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.02	+0.032%	$968K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.72	−0.056%	—	$53K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.86	−0.015%	$265K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.00	+0.027%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.74	−0.050%	$1.5M	$2.4M	20x	as long as short
Lighter AAPL	+0.0056%	1h	338.99	+0.024%	$772K	$2.5M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	339.02	+0.032%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERPshort	+0.0080%	1h	338.94	+0.009%	$36K	—	20x
Nado AAPL-PERP	+0.0080%	1h	338.82	−0.025%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.84	−0.021%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.73	−0.053%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.98	+0.021%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.02	+0.033%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	339.03	+0.035%	$660K	$677K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0186%	1h	339.02	+0.032%	$40.9M	$76.6M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.50	+0.174%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.08	+0.050%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.00	+0.027%	$270K	$70K	20x	as long as short