Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.014%

Price spread now: Coinbase International against Bitget−0.059%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.059%, 7d avg −0.059%

Together, before fees+0.130%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.73	0	get 0.0000% / 8h	4h 29m	$6.2M	$3.5M	100x
Short	Coinbase International AAPL-PERP-INTX	339.53	0.0128	get 0.0016% / 1h	29m 46s	$662K	$635K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.059%Rate

Funding earned: $26.88
Price spread: −0.059% → −0.059%: $0.03
Slippage, 4 orders: −$10.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.04
Costs to cover: 0.330%
Break-even: 8.6 days

Slippage from Bitget: live order book, 7 min ago; Coinbase International: live order book, 12 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, 7 min ago	0.15 bp	8.3 bp −$8	12.5 bp −$125	46.0 bp −$4,595	doesn't fit
Sell Coinbase International live order book, 12 min ago	1.62 bp	7.9 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit

AAPL on 32 exchanges

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	−0.0386%	4h	339.63	−0.029%	$81K	$328K	20x	as long as short
Nado AAPL-PERP	−0.0028%	1h	339.68	−0.013%	$556K	$28K	20x	as long as short
BloFin AAPL-USDT	−0.0007%	8h	339.65	−0.024%	$350K	$166K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.68	−0.015%	$120K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.55	−0.053%	$287K	$2.2M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.70	−0.008%	$22.1M	$67.3M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.70	−0.009%	$6.1M	$287.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.66	−0.021%	$6.3M	$6.7M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.45	−0.082%	$3.0M	$7.5M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.73	long leg	$6.2M	$3.5M	100x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.67	−0.019%	$2.5M	$1.2M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.67	−0.018%	$17K	$371K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.65	−0.024%	$764	$4.1M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.55	−0.053%	$28K	$68K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.79	+0.018%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.73	0.000%	$2.1M	$7K	10x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.53	−0.059%	$3.3M	$4.2M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.68	−0.014%	$925K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.69	−0.012%	$1.0M	$3.0M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.49	−0.071%	$267K	$48K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.52	−0.062%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.63	−0.029%	$40.5M	$76.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.57	−0.047%	$269K	$356K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.61	−0.035%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.41	−0.094%	$1.3M	$2.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.45	−0.082%	$1.4M	$228K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.61	−0.035%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.56	−0.050%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.57	−0.048%	$11K	$102	10x	as long as short
Coinbase International AAPL-PERP-INTXshort	+0.0128%	1h	339.53	−0.059%	$662K	$635K	10x
Injective AAPL/USDC PERP	+0.0220%	1h	340.08	+0.103%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	339.69	−0.012%	$5K	$12K	20x	as long as short