Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.012%

Price spread now: Bitget against Hotstuff+0.032%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Bitget

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 pays, funding is against you. Bitget is 0.032% dearer against Hotstuff than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff AAPL-PERP	339.01	0.0064	pay 0.0008% / 1h	43m 39s	$36K	—	20x
Short	Bitget AAPLUSDT	339.12	0	get 0.0000% / 8h	1h 43m	$6.2M	$3.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Hotstuff. 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 HotstuffbpFee BitgetbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$13.44
Price spread: +0.032% → 0.000%: $3.24
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$27.2
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 5 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	0.15 bp	9.4 bp −$9	13.7 bp −$137	43.9 bp −$4,390	doesn't fit

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	−0.0079%	4h	339.10	+0.027%	$81K	$327K	20x	as long as short
BloFin AAPL-USDT	−0.0016%	8h	339.12	+0.032%	$352K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.10	+0.027%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.05	+0.011%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.10	+0.027%	$22.3M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.16	+0.044%	$6.1M	$33.0M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.05	+0.012%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.89	−0.035%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDTshort	0.0000%	8h	339.12	+0.032%	$6.2M	$3.4M	100x
Variational Omni AAPL	0.0000%	8h	339.13	+0.034%	$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_Perp	0.0000%	8h	339.18	+0.051%	$14K	$498K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.13	+0.035%	$777	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.26	+0.074%	$53K	$222K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.19	+0.053%	$2.1M	$7K	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.03	+0.006%	$968K	$3.8M	20x	as long as short
Lighter AAPL	+0.0040%	1h	338.99	−0.005%	$769K	$2.5M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.79	−0.065%	—	$53K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.92	−0.027%	$265K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.00	−0.003%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.73	−0.083%	$1.5M	$2.4M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	339.05	+0.012%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERPlong	+0.0064%	1h	339.01	long leg	$36K	—	20x
Nado AAPL-PERP	+0.0091%	1h	338.86	−0.044%	$556K	$34K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.85	−0.047%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.80	−0.062%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.02	+0.003%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.05	+0.012%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.93	−0.024%	$659K	$675K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0191%	1h	339.00	−0.003%	$40.9M	$77.0M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.66	+0.192%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.11	+0.029%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.01	0.000%	$270K	$70K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0517%	1h	339.10	+0.027%	$28K	$65K	10x	as long as short