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: HTX against Gate+0.094%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$520.517% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.094%, 7d avg +0.074%

Together, before fees−0.063%−$6 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: HTX is 0.020% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	338.83	0	get 0.0000% / 8h	2h 11m	$3.0M	$4.2M	100x
Short	HTX AAPL-USDT	339.15	0	get 0.0000% / 8h	2h 11m	$53K	$223K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → +0.074%: $2.01
Slippage, 4 orders: −$24.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$49.68
Costs to cover: 0.517%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 10 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, 2 min ago	1.33 bp	14.9 bp −$15	28.9 bp −$289	doesn't fit	doesn't fit
Sell HTX live order book, 10 min ago	2.80 bp	13.0 bp −$13	18.8 bp −$188	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	−0.0472%	4h	338.96	+0.038%	$81K	$327K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.04	+0.062%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.02	+0.057%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.07	+0.071%	$22.3M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.10	+0.080%	$6.2M	$24.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.94	+0.032%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	338.83	long leg	$3.0M	$4.2M	100x
Bitget AAPLUSDT	0.0000%	8h	339.08	+0.074%	$6.2M	$3.3M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.01	+0.055%	$2.5M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.99	+0.047%	$14K	$510K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAPL-USDT	0.0000%	8h	339.02	+0.056%	$865	$4.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.81	−0.006%	$28K	$65K	10x	as long as short
HTX AAPL-USDTshort	0.0000%	8h	339.15	+0.094%	$53K	$223K	30x
Phemex AAPLUSDT	0.0000%	4h	339.02	+0.056%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0026%	8h	339.04	+0.062%	$354K	$165K	20x	as long as short
Lighter AAPL	+0.0032%	1h	338.90	+0.021%	$761K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.95	+0.035%	$973K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.68	−0.044%	—	$43K	25x	as long as short
QFEX AAPL-USD	+0.0049%	1h	338.90	+0.021%	$3.2M	$5.0M	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.74	−0.027%	$271K	$384K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.99	+0.047%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.72	−0.032%	$1.4M	$2.3M	20x	as long as short
Nado AAPL-PERP	+0.0081%	1h	338.75	−0.025%	$556K	$35K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.78	−0.015%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.68	−0.044%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.86	+0.009%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.94	+0.033%	$11K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0120%	1h	338.96	+0.038%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0144%	1h	339.00	+0.050%	$661K	$675K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0214%	1h	339.00	+0.050%	$41.0M	$77.1M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.70	−0.038%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	339.07	+0.071%	$2K	$12K	20x	as long as short
Arcus AAPL-USD	+0.0310%	1h	338.98	+0.044%	$270K	$69K	20x	as long as short