Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against HTX−0.038%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.038%, 7d avg −0.013%
Together, before fees+0.186%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.025% cheaper against HTX than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.013%). If the spread goes back, that is −$3 on $10k: about 6.6 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.112% in total) that is about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX AAPL-USDT338.990get 0.0000% / 8h3h 52m$53K$225K30x
ShortBloFin AAPL-USDT338.860.0013get 0.0013% / 8h3h 52m$341K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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

Funding earned
$2.71
Price spread: −0.038% → −0.013%
−$2.54
Slippage, 4 orders
−$10.58
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.41
Costs to cover
0.346%
Break-even
95.9 days
Slippage from HTX: live order book, 64 min ago; BloFin: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 64 min ago2.80 bp8.8 bp −$910.8 bp −$108doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago0.15 bp6.1 bp −$67.0 bp −$7014.4 bp −$1,436doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0911%4h338.79−0.059%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0311%1h338.56−0.127%$28K$67K10xas long as short
Nado AAPL-PERP−0.0114%1h338.81−0.052%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.76−0.068%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.77−0.066%$284K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.86−0.038%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h338.80−0.056%$5.9M$54.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.87−0.035%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.61−0.112%$3.0M$4.3M100xas long as short
Bitget AAPLUSDT0.0000%8h338.94−0.015%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.83−0.046%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.81−0.053%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h338.85−0.041%$569$4.6M20xas long as short
HTX AAPL-USDTlong0.0000%8h338.99long leg$53K$225K30x
Phemex AAPLUSDT0.0000%4h338.98−0.003%$2.1M$7K10xas long as short
BloFin AAPL-USDTshort+0.0013%8h338.86−0.038%$341K$168K20x
QFEX AAPL-USD+0.0030%1h338.80−0.056%$3.2M$4.5M10xas long as short
Lighter AAPL+0.0032%1h338.72−0.080%$782K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.72−0.080%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.72−0.080%$266K$65K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.66−0.097%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.69−0.088%$40.5M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.72−0.080%$278K$405K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.70−0.086%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.65−0.100%$1.3M$2.5M20xas long as short
Hotstuff AAPL-PERP+0.0064%1h338.69−0.088%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.062%$659K$652K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.58−0.121%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.69−0.088%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.71−0.083%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.74−0.074%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.66−0.097%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h338.80−0.056%$5K$11K20xas long as short