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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0209%/8h= −22.9% APRnext payment $0.26 per $10,000 · paid last 24h −0.016%
Price spread now: SoDEX against Phoenix−0.018%7-day average · you buy dearer than you sell
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 3 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AAPL338.830.0259pay 0.0032% / 1h8m 44s$5K$11K20x
ShortSoDEX AAPL-USD338.770.0050get 0.0006% / 1h8m 44s$75K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$43.99
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$60.76
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell SoDEX no order-book sample
Phoenix and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0811%4h338.74−0.026%$81K$326K20xas long as short
Nado AAPL-PERP−0.0042%1h338.70−0.039%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.84+0.003%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.77−0.017%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.86+0.010%$22.2M$66.9M25xas long as short
Bybit AAPLUSDT0.0000%8h338.88+0.015%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.90+0.021%$6.3M$6.8M25xas long as short
Hotstuff AAPL-PERP0.0000%1h338.76−0.021%$36K20xas long as short
Gate AAPL_USDT0.0000%8h338.60−0.068%$3.0M$4.3M100xas long as short
Bitget AAPLUSDT0.0000%8h338.92+0.027%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h338.81−0.007%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.85+0.007%$17K$424K10xas long as short
SunX AAPL-USDT0.0000%8h338.84+0.003%$413$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.57−0.077%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h338.99+0.047%$52K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.85+0.006%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0013%1h338.78−0.015%$3.2M$4.8M10xas long as short
BloFin AAPL-USDT+0.0019%8h338.82−0.003%$342K$168K20xas long as short
Lighter AAPL+0.0032%1h338.72−0.033%$777K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h338.74−0.027%$947K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.74−0.027%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.60−0.068%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h338.78−0.015%$659K$672K10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.56−0.080%$261K$370K10xas long as short
SoDEX AAPL-USDshort+0.0050%1h338.77−0.018%$75K$3K10x
Ondo Perps AAPL-USD.P+0.0050%1h338.54−0.086%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0073%1h338.79−0.012%$40.7M$75.8M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.75−0.024%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.62−0.062%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.71−0.035%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.70−0.039%$10K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.19+0.106%$191K$44K30xas long as short
Phoenix AAPLlong+0.0259%1h338.83long leg$5K$11K20x