Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.141%

Price spread now: edgeX against GRVT−0.007%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.293%−$29 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.007%, 7d avg −0.013%

Together, before fees−0.304%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, 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	GRVT AAPL_USDT_Perp	339.11	0	get 0.0000% / 8h	1h 27m	$14K	$498K	10x
Short	edgeX AAPLUSDC	339.08	−0.0081	pay 0.0041% / 4h	1h 27m	$81K	$327K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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 GRVTbpFee edgeXbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$17.06
Price spread: −0.007% → −0.013%: $0.66
Slippage, 4 orders: −$16.14
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$50.54
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from GRVT: live order book, 55 min ago; edgeX: live order book, 55 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 GRVT live order book, 55 min ago	1.33 bp	6.7 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit
Sell edgeX live order book, 55 min ago	5.31 bp	10.6 bp −$11	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 AAPLUSDCshort	−0.0081%	4h	339.08	−0.007%	$81K	$327K	20x
BloFin AAPL-USDT	−0.0005%	8h	339.14	+0.010%	$351K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.12	+0.005%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.08	−0.008%	$285K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.13	+0.007%	$22.4M	$67.4M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.17	+0.019%	$6.1M	$39.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.03	−0.022%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.89	−0.064%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.14	+0.010%	$6.2M	$3.4M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.13	+0.009%	$2.4M	$1.4M	—	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_Perplong	0.0000%	8h	339.11	long leg	$14K	$498K	10x
SunX AAPL-USDT	0.0000%	8h	339.12	+0.004%	$587	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.23	+0.037%	$53K	$222K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.15	+0.013%	$2.1M	$7K	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.05	−0.016%	$968K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.76	−0.102%	—	$53K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.92	−0.055%	$265K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.03	−0.022%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.75	−0.105%	$1.5M	$2.4M	20x	as long as short
Lighter AAPL	+0.0056%	1h	339.03	−0.022%	$769K	$2.5M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	339.05	−0.016%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERP	+0.0072%	1h	339.02	−0.025%	$36K	—	20x	as long as short
Nado AAPL-PERP	+0.0087%	1h	338.87	−0.071%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.85	−0.075%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.75	−0.105%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.00	−0.031%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.05	−0.016%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	339.03	−0.022%	$660K	$677K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0185%	1h	339.03	−0.022%	$40.9M	$76.8M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0193%	1h	338.98	−0.037%	$28K	$65K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.55	+0.131%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.18	+0.022%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.01	−0.028%	$270K	$70K	20x	as long as short