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: SunX against Gate+0.080%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1251.251% of the position

Long on Gate Short on SunX

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)−0.062%−$6 · spread now +0.080%, 7d avg +0.053%

Together, before fees−0.048%−$5 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: SunX is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	338.73	0	get 0.0000% / 8h	2h 24m	$3.0M	$4.1M	100x
Short	SunX AAPL-USDT	339.00	0	get 0.0000% / 8h	2h 24m	$827	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → +0.053%: $2.67
Slippage, 4 orders: −$102.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$122.44
Costs to cover: 1.251%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; SunX: 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	1.48 bp	13.7 bp −$14	29.9 bp −$299	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	44.69 bp	49.2 bp −$49	doesn't fit	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	−0.0552%	4h	339.00	+0.080%	$81K	$325K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.74	+0.004%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.86	+0.038%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.89	+0.047%	$22.1M	$66.8M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.94	+0.062%	$6.3M	$24.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.86	+0.038%	$6.6M	$6.8M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	338.73	long leg	$3.0M	$4.1M	100x
Bitget AAPLUSDT	0.0000%	8h	338.94	+0.062%	$6.2M	$3.3M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.01	+0.084%	$2.2M	$1.1M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.99	+0.076%	$14K	$522K	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-USDTshort	0.0000%	8h	339.00	+0.080%	$827	$4.8M	20x
HTX AAPL-USDT	0.0000%	8h	339.05	+0.094%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.06	+0.097%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0022%	8h	339.00	+0.080%	$354K	$165K	20x	as long as short
Lighter AAPL	+0.0032%	1h	338.84	+0.032%	$761K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.87	+0.041%	$980K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.68	−0.015%	—	$43K	25x	as long as short
QFEX AAPL-USD	+0.0049%	1h	338.90	+0.050%	$3.2M	$4.9M	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.62	−0.032%	$271K	$384K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.99	+0.077%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.68	−0.015%	$1.3M	$2.2M	20x	as long as short
Nado AAPL-PERP	+0.0076%	1h	338.72	−0.003%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.72	−0.003%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.72	−0.003%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.90	+0.050%	$4K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0104%	1h	338.85	+0.035%	$36K	—	20x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.94	+0.062%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0144%	1h	338.96	+0.068%	$658K	$671K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0205%	1h	338.85	+0.035%	$40.7M	$76.7M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.41	+0.201%	$191K	$44K	30x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0252%	1h	339.01	+0.083%	$28K	$65K	10x	as long as short
Phoenix AAPL	+0.0283%	1h	339.10	+0.109%	$2K	$12K	20x	as long as short
Arcus AAPL-USD	+0.0310%	1h	338.86	+0.038%	$269K	$69K	20x	as long as short