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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h −0.036%
Price spread now: ApeX Omni against Injective−0.177%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.242%−$24 on $10k
Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.177%, 7d avg −0.117%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.059% cheaper against Injective than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP339.570.0220pay 0.0028% / 1h29m 22s$191K$44K30x
ShortApeX Omni AAPLUSDT338.970.0100get 0.0013% / 1h29m 22s$947K$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
−$25.2
Price spread: −0.177% → −0.117%
−$5.95
Slippage, 4 orders
−$24.69
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$65.86
Costs to cover
0.347%
Break-even
never at this rate
Slippage from Injective: live order book, 24 min ago; ApeX Omni: live order book, 5 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 Injective live order book, 24 min ago9.89 bp9.9 bp −$109.9 bp −$9957596.6 bp −$5.76M327982.7 bp −$163.99M
Sell ApeX Omni live order book, 5 min ago2.21 bp7.7 bp −$89.6 bp −$96doesn't fitdoesn'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−0.0963%4h339.14−0.127%$81K$328K20xas long as short
Hotstuff AAPL-PERP−0.0120%1h339.01−0.165%$36K20xas long as short
Nado AAPL-PERP−0.0075%1h338.96−0.180%$554K$38K20xas long as short
BloFin AAPL-USDT−0.0014%8h339.19−0.112%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.01−0.164%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.04−0.156%$287K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h339.13−0.130%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.13−0.130%$5.9M$70.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.14−0.127%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.93−0.188%$3.0M$4.4M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.15−0.124%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.19−0.110%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.15−0.123%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.16−0.121%$750$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.21−0.106%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.17−0.118%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0030%1h339.06−0.150%$3.2M$4.5M10xas long as short
Lighter AAPL+0.0032%1h338.97−0.177%$783K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.99−0.171%$943K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.98−0.174%$266K$61K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.85−0.212%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.02−0.162%$40.5M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.02−0.162%$278K$405K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.04−0.156%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.92−0.191%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h338.78−0.233%$661K$657K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.02−0.162%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDTshort+0.0100%1h338.97−0.177%$947K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.03−0.159%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.01−0.164%$11K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0163%1h339.03−0.159%$28K$67K10xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h339.57long leg$191K$44K30x
Phoenix AAPL+0.0236%1h339.20−0.109%$5K$11K20xas long as short