Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0775%/8h= −84.9% APRpaid last 24h −0.207%

Price spread now: edgeX against Aster+0.019%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$590.593% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.501%−$50 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.019%, 7d avg −0.014%

Together, before fees−0.506%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.033% dearer against Aster than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.014%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.501% in total) that is about 11 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.501% in total (about -26.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAPLUSDT	339.60	0	get 0.0000% / 8h	1h 27m	$121K	$292K	20x
Short	edgeX AAPLUSDC	339.66	−0.0775	pay 0.0388% / 4h	1h 27m	$81K	$325K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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 AsterbpFee edgeXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$162.75
Price spread: +0.019% → −0.014%: $3.33
Slippage, 4 orders: −$42.3
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$218.72
Costs to cover: 0.593%
Break-even: never at this rate

Slippage from Aster: live order book, 15 min ago; edgeX: live order book, 16 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 Aster live order book, 15 min ago	3.24 bp	21.2 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 16 min ago	4.86 bp	10.8 bp −$11	18.4 bp −$184	doesn't fit	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 AAPLUSDCshort	−0.0775%	4h	339.66	+0.019%	$81K	$325K	20x
Nado AAPL-PERP	−0.0059%	1h	339.52	−0.022%	$555K	$38K	20x	as long as short
BloFin AAPL-USDT	−0.0010%	8h	339.67	+0.022%	$342K	$168K	20x	as long as short
Aster AAPLUSDTlong	0.0000%	8h	339.60	long leg	$121K	$292K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.58	−0.006%	$285K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.66	+0.019%	$22.1M	$67.7M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.67	+0.022%	$6.9M	$116.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.67	+0.022%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.46	−0.040%	$3.0M	$5.1M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.76	+0.048%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.70	+0.032%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.72	+0.038%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.64	+0.013%	$822	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.53	−0.020%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.76	+0.048%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.78	+0.054%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.63	+0.010%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.66	+0.019%	$663K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.57	−0.006%	$908K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.57	−0.008%	$944K	$3.6M	20x	as long as short
Hotstuff AAPL-PERP	+0.0032%	1h	339.57	−0.008%	$36K	—	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.57	−0.008%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.50	−0.028%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.61	+0.004%	$40.6M	$76.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.57	−0.008%	$279K	$417K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.60	+0.001%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.46	−0.040%	$1.3M	$2.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.32	−0.081%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.56	−0.011%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.53	−0.020%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.56	−0.011%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.80	+0.060%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.51	−0.025%	$191K	$44K	30x	as long as short