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−0.0027%/8h= −2.9% APRnext payment $0.27 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against OKX+0.009%113s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.009%, 7d avg +0.041%
Together, before fees+0.160%+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.032% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAPL-USDT-SWAP339.690get 0.0000% / 8h1h 55m$6.3M$6.9M25x
ShortBloFin AAPL-USDT339.72−0.0027pay 0.0027% / 8h1h 55m$340K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
−$5.66
Price spread: +0.009% → +0.041%
−$3.18
Slippage, 4 orders
−$3.18
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.02
Costs to cover
0.252%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 30 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 OKX live order book, 3 min ago0.15 bp6.0 bp −$611.3 bp −$113doesn't fitdoesn't fit
Sell BloFin live order book, 30 min ago0.15 bp6.2 bp −$67.9 bp −$7922.2 bp −$2,222doesn'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−0.0382%4h339.70+0.002%$81K$325K20xas long as short
Nado AAPL-PERP−0.0064%1h339.49−0.060%$555K$38K20xas long as short
BloFin AAPL-USDTshort−0.0027%8h339.72+0.009%$340K$168K20x
Aster AAPLUSDT0.0000%8h339.54−0.045%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.53−0.046%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.65−0.012%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.62−0.021%$7.0M$101.9M100xas long as short
OKX AAPL-USDT-SWAPlong0.0000%8h339.69long leg$6.3M$6.9M25x
Gate AAPL_USDT0.0000%8h339.39−0.088%$3.0M$4.9M100xas long as short
Bitget AAPLUSDT0.0000%8h339.72+0.009%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.65−0.010%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.66−0.008%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.64−0.015%$951$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.51−0.053%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.77+0.024%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h339.74+0.015%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.62−0.021%$3.2M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.041%$660K$657K10xas long as short
Lighter AAPL+0.0032%1h339.52−0.049%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.52−0.050%$945K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.55−0.041%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.44−0.074%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.67−0.006%$36K20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.56−0.038%$280K$416K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.55−0.041%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.44−0.074%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0066%1h339.59−0.029%$40.6M$76.6M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.35−0.100%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.47−0.065%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.54−0.044%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.52−0.051%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.77+0.024%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.52−0.050%$191K$44K30xas long as short