Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against OKX−0.053%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.053% cheaper against OKX than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAPL-USDT-SWAP	338.92	0	get 0.0000% / 8h	5h 04m	$6.3M	$6.8M	25x
Short	SoDEX AAPL-USD	338.74	0.0050	get 0.0006% / 1h	4m 46s	$75K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $10.5
Price spread: −0.053% → 0.000%: −$5.31
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$12.81
Costs to cover: 0.180%
Break-even: 15.5 days

Slippage unknown: OKX: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 3 min ago	0.15 bp	6.9 bp −$7	11.0 bp −$110	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0906%	4h	338.80	−0.035%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0041%	1h	338.63	−0.087%	$554K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0004%	8h	338.89	−0.009%	$343K	$169K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.83	−0.025%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.77	−0.043%	$285K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.86	−0.018%	$22.2M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.85	−0.021%	$5.9M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAPlong	0.0000%	8h	338.92	long leg	$6.3M	$6.8M	25x
Gate AAPL_USDT	0.0000%	8h	338.62	−0.089%	$3.0M	$4.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.92	0.000%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	338.85	−0.022%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.83	−0.027%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.84	−0.024%	$474	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.52	−0.118%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.96	+0.012%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.91	−0.003%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0013%	1h	338.78	−0.041%	$3.2M	$4.8M	10x	as long as short
Hotstuff AAPL-PERP	+0.0024%	1h	338.72	−0.059%	$36K	—	20x	as long as short
Lighter AAPL	+0.0032%	1h	338.65	−0.081%	$778K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.68	−0.071%	$949K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.75	−0.050%	$269K	$69K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.61	−0.091%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	338.78	−0.041%	$659K	$671K	10x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.56	−0.106%	$261K	$370K	10x	as long as short
SoDEX AAPL-USDshort	+0.0050%	1h	338.74	−0.053%	$75K	$3K	10x
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.60	−0.094%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0074%	1h	338.80	−0.035%	$40.7M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.74	−0.053%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.64	−0.083%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.71	−0.062%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.72	−0.060%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.65	−0.080%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0259%	1h	338.83	−0.027%	$5K	$11K	20x	as long as short