Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.012%

Price spread now: tradeXYZ against Gate+0.044%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.105%−$11 · spread now +0.044%, 7d avg −0.043%

Together, before fees−0.103%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	339.55	0	get 0.0000% / 8h	35m 59s	$3.0M	$5.4M	100x
Short	tradeXYZ xyz:AAPL	339.70	0.0050	get 0.0006% / 1h	35m 59s	$40.6M	$76.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.044%Rate

Funding earned: $10.5
Price spread: +0.044% → −0.043%: $8.67
Slippage, 4 orders: −$12.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.71
Costs to cover: 0.459%
Break-even: 24.8 days

Slippage from Gate: live order book, 2 min ago; tradeXYZ: 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, 2 min ago	1.33 bp	14.4 bp −$14	32.9 bp −$329	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.29 bp	10.0 bp −$10	10.7 bp −$107	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	−0.0560%	4h	339.68	+0.038%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0161%	1h	339.73	+0.054%	$556K	$37K	20x	as long as short
BloFin AAPL-USDT	−0.0008%	8h	339.74	+0.056%	$342K	$167K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.68	+0.038%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.66	+0.031%	$289K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.74	+0.057%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.71	+0.047%	$7.4M	$138.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.68	+0.038%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	339.55	long leg	$3.0M	$5.4M	100x
Bitget AAPLUSDT	0.0000%	8h	339.74	+0.056%	$6.2M	$3.6M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.77	+0.066%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	+0.051%	$13K	$410K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.73	+0.053%	$455	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.63	+0.024%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.071%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.78	+0.068%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.67	+0.035%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.68	+0.039%	$941K	$2.7M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.66	+0.032%	$950K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	+0.015%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.66	+0.032%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPLshort	+0.0050%	1h	339.70	+0.044%	$40.6M	$76.1M	20x
Polymarket Perps AAPL-USD	+0.0050%	1h	339.64	+0.027%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.70	+0.044%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.51	−0.012%	$1.3M	$2.4M	20x	as long as short
Hotstuff AAPL-PERP	+0.0064%	1h	339.68	+0.038%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	0.000%	$660K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.44	−0.032%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.69	+0.041%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.60	+0.015%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.64	+0.026%	$11K	$102	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.63	+0.024%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	339.87	+0.094%	$5K	$12K	20x	as long as short