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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Phemex−0.009%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.009%, 7d avg −0.018%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AAPLUSDT338.940get 0.0000% / 4h2h 44m$2.1M$6K10x
ShortSunX AAPL-USDT338.910get 0.0000% / 8h6h 44m$763$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
$0
Price spread: −0.009% → −0.018%
$0.88
Slippage, 4 orders
−$159.08
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$178.19
Costs to cover
1.791%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 4 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 Phemex live order book, 4 min ago0.74 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago44.70 bp49.2 bp −$49doesn't fitdoesn'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−0.0775%4h338.85−0.026%$81K$327K20xas long as short
Nado AAPL-PERP−0.0069%1h338.82−0.035%$555K$38K20xas long as short
Hotstuff AAPL-PERP−0.0008%1h338.89−0.015%$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.98+0.011%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.98+0.012%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.940.000%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.77−0.050%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.99+0.015%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.86−0.024%$17K$433K10xas long as short
SunX AAPL-USDTshort0.0000%8h338.91−0.009%$763$4.7M20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.84−0.030%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.05+0.032%$52K$225K30xas long as short
Phemex AAPLUSDTlong0.0000%4h338.94long leg$2.1M$6K10x
QFEX AAPL-USD+0.0028%1h338.88−0.018%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h338.84−0.030%$744K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.89−0.015%$953K$3.5M20xas long as short
Variational Omni AAPL+0.0034%8h338.90−0.010%$2.4M$1.4Mas long as short
Arcus AAPL-USD+0.0040%1h338.81−0.038%$269K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.68−0.077%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.69−0.074%$261K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.89−0.015%$75K$3K10xas long as short
BloFin AAPL-USDT+0.0050%8h338.91−0.009%$347K$169K20xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.66−0.083%$1.4M$2.4M20xas long as short
Extended AAPL_24_5-USD+0.0064%1h338.87−0.022%$284K$2.0M10xas long as short
Binance AAPLUSDT+0.0065%8h338.95+0.004%$22.2M$66.8M25xas long as short
tradeXYZ xyz:AAPL+0.0090%1h338.90−0.012%$40.8M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.71−0.068%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.67−0.080%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.88−0.018%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.83−0.031%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.127%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.65−0.086%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h338.95+0.003%$5K$11K20xas long as short