Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%

Price spread now: ApeX Omni against Bitget−0.074%93s7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as 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−$330.327% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 7 days+0.040%+$4 · spread now −0.074%, 7d avg −0.044%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.030% cheaper against Bitget than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.044%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). The two prices were read 93 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	Bitget AAPLUSDT	338.81	0	get 0.0000% / 8h	7h 02m	$6.2M	$3.4M	100x
Short	ApeX Omni AAPLUSDT	338.56	0.0100	get 0.0013% / 1h	2m 00s	$946K	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now −0.074%Rate

Funding earned: $21
Price spread: −0.074% → −0.044%: −$2.98
Slippage, 4 orders: −$10.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$14.68
Costs to cover: 0.327%
Break-even: 11.9 days

Slippage from Bitget: live order book, 1 min ago; ApeX Omni: live order book, 2 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 Bitget live order book, 1 min ago	0.29 bp	7.8 bp −$8	11.5 bp −$115	57.2 bp −$5,718	doesn't fit
Sell ApeX Omni live order book, 2 min ago	2.07 bp	7.7 bp −$8	9.4 bp −$94	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 AAPLUSDC	−0.0342%	4h	338.60	−0.061%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0035%	1h	338.55	−0.078%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.65	−0.047%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.78	−0.009%	$6.0M	$39.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.76	−0.015%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.50	−0.091%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	338.81	long leg	$6.2M	$3.4M	100x
GRVT AAPL_USDT_Perp	0.0000%	8h	338.66	−0.044%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.72	−0.027%	$911	$4.7M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.57	−0.071%	$28K	$67K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AAPL-USDT	0.0000%	8h	338.82	+0.003%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.73	−0.024%	$2.1M	$7K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.52	−0.084%	$744K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.58	−0.068%	$954K	$3.6M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.44	−0.109%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.66	−0.044%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.42	−0.115%	$261K	$397K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.62	−0.056%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.42	−0.115%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0051%	8h	338.68	−0.040%	$2.4M	$1.4M	—	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.61	−0.059%	$3.2M	$5.0M	10x	as long as short
BloFin AAPL-USDT	+0.0065%	8h	338.81	0.000%	$345K	$169K	20x	as long as short
Extended AAPL_24_5-USD	+0.0072%	1h	338.67	−0.041%	$284K	$2.0M	10x	as long as short
Hotstuff AAPL-PERP	+0.0072%	1h	338.65	−0.047%	$36K	—	20x	as long as short
Binance AAPLUSDT	+0.0075%	8h	338.74	−0.020%	$22.2M	$66.7M	25x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.63	−0.053%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	338.56	−0.074%	$946K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.57	−0.071%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.57	−0.069%	$10K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.51	−0.089%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.50	−0.091%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.72	−0.027%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.62	−0.056%	$269K	$70K	20x	as long as short