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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0235%/8h= −25.8% APRpaid last 24h −0.052%
Price spread now: HTX against Phoenix+0.006%72s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AAPL339.840.0235pay 0.0029% / 1h52m 18s$5K$12K20x
ShortHTX AAPL-USDT339.860get 0.0000% / 8h5h 52m$62K$242K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phoenix. 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
−$49.44
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.85
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell HTX live order book, 57 min ago2.80 bp8.8 bp −$918.8 bp −$188doesn't fitdoesn't fit
Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP−0.1600%1h338.08−0.518%$36K20xas long as short
edgeX AAPLUSDC−0.0029%4h339.75−0.026%$81K$326K20xas long as short
Aster AAPLUSDT0.0000%8h339.78−0.018%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.68−0.046%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.80−0.011%$22.1M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.70−0.041%$6.6M$281.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.71−0.038%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.63−0.062%$3.0M$7.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.78−0.018%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.81−0.007%$2.5M$1.3Mas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.85+0.003%$13K$336K10xas long as short
SunX AAPL-USDT0.0000%8h339.81−0.009%$652$4.2M20xas long as short
HTX AAPL-USDTshort0.0000%8h339.86+0.006%$62K$242K30x
Phemex AAPLUSDT0.0000%4h339.76−0.024%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0009%8h339.80−0.012%$348K$165K20xas long as short
QFEX AAPL-USD+0.0026%1h339.73−0.032%$3.2M$4.2M10xas long as short
Lighter RH AAPL+0.0032%1h339.66−0.053%$1.0M$3.1M20xas long as short
Arcus AAPL-USD+0.0040%1h339.59−0.074%$267K$52K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.54−0.088%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.69−0.044%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.66−0.053%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.49−0.103%$1.3M$2.1M20xas long as short
Lighter AAPL+0.0064%1h339.68−0.049%$931K$2.5M20xas long as short
Nado AAPL-PERP+0.0070%1h339.56−0.082%$556K$29K20xas long as short
tradeXYZ xyz:AAPL+0.0080%1h339.60−0.071%$40.5M$76.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h339.77−0.021%$660K$655K10xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.61−0.068%$1.4M$156K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.64−0.059%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.65−0.056%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.64−0.059%$11K$10210xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0133%1h339.65−0.056%$28K$70K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.16+0.094%$191K$44K30xas long as short
Phoenix AAPLlong+0.0235%1h339.84long leg$5K$12K20x