Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0575%/8h= −63.0% APRpaid last 24h −0.235%

Price spread now: edgeX against Orderly+0.029%71s7-day average — · you sell dearer than you buy

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.029% dearer against Orderly than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AAPL_USDC_mythos	339.62	0.0100	pay 0.0100% / 8h	6h 19m	$4K	—	10x
Short	edgeX AAPLUSDC	339.72	−0.0475	pay 0.0238% / 4h	2h 19m	$81K	$326K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$120.78
Price spread: +0.029% → 0.000%: $2.85
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$132.92
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 31 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 31 min ago	4.27 bp	11.3 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit

Orderly: 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 exchanges

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 AAPLUSDCshort	−0.0475%	4h	339.72	+0.029%	$81K	$326K	20x
Nado AAPL-PERP	−0.0005%	1h	339.63	+0.004%	$556K	$30K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.67	+0.015%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.59	−0.010%	$288K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.70	+0.024%	$22.1M	$66.9M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.72	+0.029%	$6.4M	$248.9M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.73	+0.032%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.51	−0.032%	$3.0M	$7.0M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.71	+0.027%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.70	+0.025%	$2.5M	$1.2M	—	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.76	+0.041%	$13K	$348K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.70	+0.024%	$666	$4.2M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.63	+0.003%	$28K	$70K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.82	+0.059%	$62K	$242K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.75	+0.038%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.74	+0.035%	$348K	$166K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	339.65	+0.009%	$3.2M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.64	+0.006%	$931K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.64	+0.006%	$1.0M	$3.2M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.51	−0.032%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.66	+0.012%	$279K	$349K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.59	−0.009%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.42	−0.059%	$1.3M	$2.2M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0053%	1h	339.57	−0.015%	$40.4M	$76.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0056%	1h	339.60	−0.006%	$663K	$652K	10x	as long as short
Arcus AAPL-USD	+0.0082%	1h	339.55	−0.021%	$267K	$52K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.51	−0.032%	$1.4M	$136K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.64	+0.006%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythoslong	+0.0100%	8h	339.62	long leg	$4K	—	10x
Aevo AAPL-PERP	+0.0104%	1h	339.59	−0.009%	$11K	$102	10x	as long as short
Hotstuff AAPL-PERP	+0.0176%	1h	339.58	−0.012%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.02	+0.118%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0235%	1h	339.79	+0.050%	$5K	$12K	20x	as long as short