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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.1139%/8h= −124.7% APRpaid last 24h −0.207%
Price spread now: edgeX against Injective+0.056%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.744%−$74 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.056%, 7d avg −0.085%
Together, before fees−0.674%+ Points / potential airdropedgeX: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.140% dearer against Injective than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.085%): +$14 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.744% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.744% in total (about -38.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAPL/USDC PERP338.800.0220pay 0.0028% / 1h56m 41s$191K$44K30x
ShortedgeX AAPLUSDC338.99−0.0919pay 0.0459% / 4h3h 56m$81K$327K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$239.12
Price spread: +0.056% → −0.085%
$14.02
Slippage, 4 orders
−$31.73
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$265.85
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Injective: live order book, 17 min ago; edgeX: live order book, 17 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, 17 min ago10.03 bp10.0 bp −$1010.0 bp −$10057594.1 bp −$5.76M327969.7 bp −$163.98M
Sell edgeX live order book, 17 min ago5.31 bp10.5 bp −$1018.2 bp −$182doesn'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 AAPLUSDCshort−0.0919%4h338.99+0.056%$81K$327K20x
Nado AAPL-PERP−0.0124%1h338.91+0.032%$557K$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.99+0.056%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.03+0.068%$6.0M$39.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.98+0.053%$6.5M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.76−0.012%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h338.97+0.050%$749$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.89+0.027%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.13+0.097%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.03+0.068%$2.1M$6K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp+0.0023%8h339.04+0.071%$13K$490K10xas long as short
Lighter AAPL+0.0032%1h338.88+0.025%$771K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.92+0.035%$957K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.83+0.009%$53K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.92+0.035%$40.8M$76.3M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.83+0.009%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.89+0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.62−0.053%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h338.91+0.032%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0064%1h338.92+0.035%$36K20xas long as short
Bitget AAPLUSDT+0.0087%8h339.00+0.059%$6.2M$3.4M100xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.71−0.027%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.800.000%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.94+0.041%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.05+0.073%$11K10xas long as short
Variational Omni AAPL+0.0106%8h339.00+0.061%$2.4M$1.4Mas long as short
Binance AAPLUSDT+0.0124%8h338.99+0.056%$22.3M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0128%1h338.92+0.037%$285K$1.5M10xas long as short
BloFin AAPL-USDT+0.0145%8h339.00+0.059%$346K$170K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h339.03+0.068%$660K$676K10xas long as short
Injective AAPL/USDC PERPlong+0.0220%1h338.80long leg$191K$44K30x
Phoenix AAPL+0.0330%1h339.13+0.097%$5K$8K20xas long as short
Arcus AAPL-USD+0.0406%1h338.86+0.018%$269K$70K20xas long as short