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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +7.9% APRnext payment +$0.73 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against SunX+0.053%55s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1131.126% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.053%, 7d avg +0.009%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAPL-USDT338.630get 0.0000% / 8h7h 07m$654$4.7M20x
ShortBloFin AAPL-USDT338.810.0073get 0.0073% / 8h7h 07m$346K$169K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$15.24
Price spread: +0.053% → +0.009%
$4.44
Slippage, 4 orders
−$92.65
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$92.97
Costs to cover
1.126%
Break-even
49.7 days
Slippage from SunX: live order book, 11 min ago; BloFin: live order book, 63 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 SunX live order book, 11 min ago44.74 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago0.29 bp7.9 bp −$88.4 bp −$8419.1 bp −$1,910doesn'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
Deribit AAPL_USDC-PERPETUAL−0.0400%1h338.32−0.092%$28K$67K10xas long as short
edgeX AAPLUSDC−0.0234%4h338.58−0.015%$81K$326K20xas long as short
Nado AAPL-PERP−0.0030%1h338.60−0.009%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.69+0.017%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h338.70+0.021%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.67+0.012%$6.4M$6.6M25xas long as short
Gate AAPL_USDT0.0000%8h338.43−0.059%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.69+0.018%$6.2M$3.4M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.66+0.008%$17K$433K10xas long as short
SunX AAPL-USDTlong0.0000%8h338.63long leg$654$4.7M20x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h338.77+0.041%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h338.60−0.009%$2.1M$6K10xas long as short
Lighter AAPL+0.0032%1h338.53−0.030%$765K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.59−0.012%$956K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.49−0.041%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.61−0.006%$40.8M$75.8M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.36−0.080%$263K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.61−0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.38−0.074%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h338.60−0.009%$3.3M$5.0M10xas long as short
Variational Omni AAPL+0.0060%8h338.62−0.004%$2.4M$1.4Mas long as short
BloFin AAPL-USDTshort+0.0073%8h338.81+0.053%$346K$169K20x
Extended AAPL_24_5-USD+0.0080%1h338.59−0.013%$284K$2.0M10xas long as short
Binance AAPLUSDT+0.0081%8h338.66+0.009%$22.2M$66.8M25xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.630.000%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.53−0.030%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.53−0.030%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.55−0.023%$10K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.61−0.006%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h338.51−0.035%$655K$668K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.52−0.032%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.76+0.038%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.57−0.018%$269K$70K20xas long as short