Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against HTX−0.009%54s7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.321% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.009%, 7d avg −0.053%

Together, before fees+0.021%+$2 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: OKX is 0.045% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.053%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAPL-USDT	340.08	0	get 0.0000% / 8h	7h 48m	$62K	$244K	30x
Short	OKX AAPL-USDT-SWAP	340.05	0	get 0.0000% / 8h	7h 48m	$6.3M	$6.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee HTXbpFee OKXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.053%: $4.47
Slippage, 4 orders: −$10.08
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$27.62
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from HTX: live order book, 48 min ago; OKX: 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 HTX live order book, 48 min ago	1.32 bp	10.2 bp −$10	11.4 bp −$114	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.15 bp	8.1 bp −$8	12.7 bp −$127	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	−0.0110%	4h	340.11	+0.010%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0023%	1h	339.87	−0.062%	$556K	$36K	20x	as long as short
BloFin AAPL-USDT	−0.0011%	8h	340.04	−0.012%	$344K	$166K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	339.93	−0.044%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.92	−0.048%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	340.01	−0.020%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	340.08	+0.001%	$22.2M	$67.3M	25x	as long as short
OKX AAPL-USDT-SWAPshort	0.0000%	8h	340.05	−0.009%	$6.3M	$6.9M	25x
Gate AAPL_USDT	0.0000%	8h	339.88	−0.059%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	340.11	+0.009%	$6.2M	$3.5M	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	340.04	−0.013%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	340.12	+0.013%	$13K	$349K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	340.16	+0.024%	$571	$4.4M	20x	as long as short
HTX AAPL-USDTlong	0.0000%	8h	340.08	long leg	$62K	$244K	30x
Phemex AAPLUSDT	0.0000%	4h	340.07	−0.003%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.98	−0.029%	$3.2M	$4.2M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.92	−0.047%	$663K	$658K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.97	−0.033%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.94	−0.041%	$956K	$3.2M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.96	−0.035%	$267K	$59K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0044%	1h	339.99	−0.026%	$28K	$69K	10x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.79	−0.085%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.78	−0.088%	$279K	$375K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	340.00	−0.024%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.87	−0.062%	$1.3M	$2.3M	20x	as long as short
Bybit AAPLUSDT	+0.0075%	8h	340.20	+0.035%	$6.3M	$179.8M	100x	as long as short
tradeXYZ xyz:AAPL	+0.0098%	1h	339.99	−0.026%	$40.3M	$76.6M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.90	−0.053%	$1.4M	$64K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.94	−0.041%	$950K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.96	−0.035%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.94	−0.040%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.13	+0.015%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.55	+0.138%	$192K	$44K	30x	as long as short