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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.036%
Price spread now: OKX against KuCoin+0.053%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.053%, 7d avg +0.039%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAPLUSDTM338.870.0100pay 0.0100% / 8h1h 46m$1.4M$28K20x
ShortOKX AAPL-USDT-SWAP339.050get 0.0000% / 8h1h 46m$6.6M$6.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
−$21
Price spread: +0.053% → +0.039%
$1.46
Slippage, 4 orders
−$98.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$140.52
Costs to cover
1.210%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 1 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 KuCoin live order book, 4 min ago6.04 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.15 bp6.6 bp −$711.5 bp −$115doesn'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−0.0903%4h339.25+0.112%$81K$326K20xas long as short
Aster AAPLUSDT0.0000%8h339.14+0.079%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.05+0.053%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.12+0.074%$22.3M$67.5M25xas long as short
Bybit AAPLUSDT0.0000%8h339.15+0.083%$6.1M$30.9M100xas long as short
OKX AAPL-USDT-SWAPshort0.0000%8h339.05+0.053%$6.6M$6.9M25x
Gate AAPL_USDT0.0000%8h338.870.000%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.11+0.071%$6.2M$3.4M100xas long as short
Variational Omni AAPL0.0000%8h339.29+0.122%$2.4M$1.5Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.22+0.104%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDT0.0000%8h339.10+0.068%$695$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.26+0.115%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.19+0.094%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0011%8h339.13+0.077%$352K$168K20xas long as short
Lighter RH AAPL+0.0032%1h339.04+0.050%$968K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.85−0.006%$53K25xas long as short
Lighter AAPL+0.0048%1h339.01+0.040%$768K$2.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.92+0.015%$265K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.00+0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.70−0.050%$1.5M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h339.04+0.050%$3.2M$5.1M10xas long as short
Hotstuff AAPL-PERP+0.0088%1h339.00+0.038%$36K20xas long as short
Nado AAPL-PERP+0.0097%1h338.88+0.002%$556K$35K20xas long as short
KuCoin AAPLUSDTMlong+0.0100%8h338.87long leg$1.4M$28K20x
ApeX Omni AAPLUSDT+0.0100%1h338.870.000%$947K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.00+0.038%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.05+0.052%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.93+0.018%$659K$675K10xas long as short
tradeXYZ xyz:AAPL+0.0200%1h338.97+0.030%$40.9M$77.0M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.66+0.233%$191K$44K30xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0222%1h339.02+0.044%$28K$65K10xas long as short
Phoenix AAPL+0.0354%1h339.29+0.124%$2K$11K20xas long as short
Arcus AAPL-USD+0.0364%1h339.02+0.044%$270K$70K20xas long as short