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 +0.003%

Price spread now: GRVT against OKX−0.003%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.003%, 7d avg +0.035%

Together, before fees+0.168%+ Points / potential airdropGRVT: Active · farm board+$17 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: GRVT is 0.038% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	340.05	0	get 0.0000% / 8h	7h 47m	$6.3M	$7.0M	25x
Short	GRVT AAPL_USDT_Perp	340.04	0	get 0.0000% / 8h	7h 47m	$13K	$349K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee OKXbpFee GRVTbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.035%: −$3.83
Slippage, 4 orders: −$8.64
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$31.46
Costs to cover: 0.276%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; GRVT: live order book, 51 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 OKX live order book, 1 min ago	0.15 bp	6.3 bp −$6	11.3 bp −$113	doesn't fit	doesn't fit
Sell GRVT live order book, 51 min ago	1.33 bp	7.2 bp −$7	9.8 bp −$98	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	−0.0921%	4h	339.95	−0.029%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0019%	1h	339.93	−0.036%	$557K	$36K	20x	as long as short
Hotstuff AAPL-PERP	−0.0008%	1h	340.04	−0.003%	$36K	—	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.93	−0.034%	$121K	$294K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	340.01	−0.011%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	340.09	+0.012%	$22.2M	$67.3M	25x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	340.05	long leg	$6.3M	$7.0M	25x
Gate AAPL_USDT	0.0000%	8h	339.91	−0.041%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	340.12	+0.021%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.04	−0.004%	$2.5M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perpshort	0.0000%	8h	340.04	−0.003%	$13K	$349K	10x
SunX AAPL-USDT	0.0000%	8h	340.10	+0.015%	$592	$4.4M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.98	−0.021%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.22	+0.050%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	340.07	+0.006%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0010%	1h	340.03	−0.006%	$3.2M	$4.2M	10x	as long as short
BloFin AAPL-USDT	+0.0022%	8h	340.13	+0.024%	$344K	$166K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.92	−0.038%	$663K	$656K	10x	as long as short
Lighter AAPL	+0.0032%	1h	340.05	0.000%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	340.03	−0.006%	$957K	$3.2M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	340.02	−0.009%	$267K	$59K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.90	−0.044%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.85	−0.059%	$279K	$375K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	340.01	−0.012%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.89	−0.047%	$1.3M	$2.4M	20x	as long as short
Bybit AAPLUSDT	+0.0069%	8h	340.15	+0.029%	$6.4M	$180.1M	100x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.93	−0.035%	$1.4M	$65K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.86	−0.056%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.99	−0.018%	$4K	—	10x	as long as short
tradeXYZ xyz:AAPL	+0.0103%	1h	340.02	−0.009%	$40.3M	$76.6M	20x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.98	−0.021%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.13	+0.024%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.55	+0.147%	$192K	$44K	30x	as long as short