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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.9% APRpaid last 24h +0.037%
Price spread now: Phoenix against SunX+0.006%7-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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAPL-USDT339.270get 0.0000% / 8h2h 57m$584$4.6M20x
ShortPhoenix AAPL339.290.0236get 0.0030% / 1h57m 09s$5K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$49.59
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$35.18
Costs to cover
0.150%
Break-even
2.0 days
Slippage unknown: SunX: live order book, 11 min ago; Phoenix: 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 SunX live order book, 11 min ago44.66 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
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 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−0.0330%4h339.15−0.036%$81K$329K20xas long as short
Nado AAPL-PERP−0.0104%1h339.20−0.020%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.19−0.023%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.16−0.031%$278K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.26−0.003%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.21−0.018%$5.8M$78.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.25−0.006%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.05−0.065%$3.0M$4.5M100xas long as short
Bitget AAPLUSDT0.0000%8h339.36+0.027%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.21−0.016%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.25−0.007%$16K$411K10xas long as short
SunX AAPL-USDTlong0.0000%8h339.27long leg$584$4.6M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.14−0.038%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.42+0.044%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.270.000%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0003%8h339.32+0.015%$342K$168K20xas long as short
QFEX AAPL-USD+0.0020%1h339.19−0.024%$3.2M$4.4M10xas long as short
Lighter AAPL+0.0032%1h339.14−0.038%$826K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h339.16−0.032%$941K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.07−0.059%$266K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.10−0.050%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.08−0.056%$662K$657K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.14−0.038%$40.5M$76.3M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.15−0.035%$278K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.14−0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.91−0.106%$1.3M$2.5M20xas long as short
Hotstuff AAPL-PERP+0.0056%1h339.14−0.038%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.23−0.012%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.13−0.041%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.16−0.032%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.17−0.029%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.96−0.091%$191K$44K30xas long as short
Phoenix AAPLshort+0.0236%1h339.29+0.006%$5K$11K20x