Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: SunX against Bitget−0.021%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1161.162% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.021%, 7d avg +0.001%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.00	0	get 0.0000% / 8h	4h 40m	$6.2M	$3.5M	100x
Short	SunX AAPL-USDT	338.93	0	get 0.0000% / 8h	4h 40m	$597	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → +0.001%: −$2.15
Slippage, 4 orders: −$96.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$118.38
Costs to cover: 1.162%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 9 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, 3 min ago	0.15 bp	7.2 bp −$7	10.8 bp −$108	39.2 bp −$3,917	doesn't fit
Sell SunX live order book, 9 min ago	44.72 bp	49.2 bp −$49	doesn't fit	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	−0.0329%	4h	338.85	−0.044%	$81K	$325K	20x	as long as short
BloFin AAPL-USDT	−0.0023%	8h	338.93	−0.021%	$342K	$168K	20x	as long as short
Nado AAPL-PERP	−0.0015%	1h	338.75	−0.074%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.83	−0.051%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.82	−0.052%	$286K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.91	−0.027%	$22.2M	$67.0M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.88	−0.035%	$5.9M	$39.8M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.91	−0.027%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.68	−0.094%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.00	long leg	$6.2M	$3.5M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	338.94	−0.019%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.85	−0.045%	$17K	$425K	10x	as long as short
SunX AAPL-USDTshort	0.0000%	8h	338.93	−0.021%	$597	$4.6M	20x
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.61	−0.115%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.02	+0.006%	$53K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.94	−0.018%	$2.1M	$7K	10x	as long as short
Hotstuff AAPL-PERP	+0.0016%	1h	338.79	−0.062%	$36K	—	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.86	−0.041%	$3.2M	$4.8M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.77	−0.066%	$780K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.83	−0.050%	$947K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.72	−0.083%	$269K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.67	−0.097%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.64	−0.106%	$253K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.81	−0.056%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.61	−0.115%	$1.3M	$2.5M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0061%	1h	338.78	−0.065%	$40.5M	$75.9M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.065%	$659K	$664K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.78	−0.065%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.70	−0.088%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.77	−0.068%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.79	−0.061%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.64	−0.106%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.97	−0.009%	$5K	$11K	20x	as long as short