Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.017%

Price spread now: Binance against ApeX Omni+0.032%59s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.260% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.197%−$20 on $10k

Price spread, last 7 days+0.020%+$2 · spread now +0.032%, 7d avg +0.050%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAPLUSDT	338.78	0.0100	pay 0.0013% / 1h	12m 34s	$946K	$11.0M	50x
Short	Binance AAPLUSDT	338.89	0	get 0.0000% / 8h	4h 12m	$21.9M	$67.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.032%Rate

Funding earned: −$21
Price spread: +0.032% → +0.050%: −$1.8
Slippage, 4 orders: −$5.96
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.76
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; Binance: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 2 min ago	2.07 bp	7.1 bp −$7	9.1 bp −$91	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.15 bp	5.3 bp −$5	7.1 bp −$71	24.6 bp −$2,457	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0152%	4h	338.89	+0.031%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0024%	1h	338.74	−0.011%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.76	−0.005%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.80	+0.006%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDTshort	0.0000%	8h	338.89	+0.032%	$21.9M	$67.1M	25x
Bybit AAPLUSDT	0.0000%	8h	338.82	+0.012%	$5.9M	$47.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.91	+0.038%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.69	−0.027%	$3.0M	$4.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.96	+0.053%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.94	+0.049%	$2.4M	$1.4M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	338.99	+0.062%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.93	+0.044%	$383	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.67	−0.032%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.99	+0.062%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.050%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0022%	8h	338.90	+0.035%	$341K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.81	+0.009%	$3.2M	$4.6M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.73	−0.014%	$782K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.76	−0.006%	$946K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.80	+0.006%	$266K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.66	−0.035%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.74	−0.012%	$40.5M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.73	−0.015%	$278K	$422K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.77	−0.003%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.65	−0.038%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0080%	1h	338.74	−0.012%	$36K	—	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	0.000%	$659K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.79	+0.003%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTlong	+0.0100%	1h	338.78	long leg	$946K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.77	−0.003%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.78	0.000%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.72	−0.018%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.97	+0.056%	$5K	$11K	20x	as long as short