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+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Bitget−0.015%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.015%, 7d avg +0.009%
Together, before fees+0.139%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.024% cheaper against Bitget than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.009%). If the spread goes back, that is −$2 on $10k: about 5.5 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.103% in total) that is about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAPLUSDT339.880get 0.0000% / 8h2h 01m$6.2M$3.5M100x
ShortBloFin AAPL-USDT339.830.0015get 0.0015% / 8h2h 01m$340K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$3.05
Price spread: −0.015% → +0.009%
−$2.38
Slippage, 4 orders
−$6.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.6
Costs to cover
0.303%
Break-even
74.9 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 24 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 Bitget live order book, 2 min ago0.15 bp8.0 bp −$812.9 bp −$12945.7 bp −$4,574doesn't fit
Sell BloFin live order book, 24 min ago0.15 bp6.2 bp −$67.9 bp −$7922.2 bp −$2,222doesn'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
edgeX AAPLUSDC−0.0170%4h339.75−0.039%$81K$328K20xas long as short
Hotstuff AAPL-PERP−0.0128%1h339.71−0.050%$36K20xas long as short
Nado AAPL-PERP−0.0112%1h339.70−0.052%$556K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.71−0.050%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.67−0.061%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.77−0.032%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.79−0.026%$7.0M$99.1M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.79−0.026%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.53−0.103%$3.0M$4.9M100xas long as short
Bitget AAPLUSDTlong0.0000%8h339.88long leg$6.2M$3.5M100x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.86−0.007%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.76−0.036%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.76−0.035%$693$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.63−0.074%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.85−0.009%$62K$244K30xas long as short
Phemex AAPLUSDT0.0000%4h339.86−0.006%$2.1M$7K10xas long as short
BloFin AAPL-USDTshort+0.0015%8h339.83−0.015%$340K$168K20x
QFEX AAPL-USD+0.0020%1h339.67−0.062%$3.3M$4.3M10xas long as short
Lighter AAPL+0.0032%1h339.70−0.054%$910K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.70−0.053%$945K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.64−0.071%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.58−0.088%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.55−0.097%$660K$658K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.68−0.059%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.65−0.068%$282K$415K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.69−0.056%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.52−0.106%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.61−0.079%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.62−0.076%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.71−0.050%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.67−0.062%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.87−0.003%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.52−0.106%$191K$44K30xas long as short