Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0081%/8h= −8.9% APRnext payment $0.81 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against BloFin−0.006%82s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.006%, 7d avg −0.017%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAPL-USDT339.140.0081pay 0.0081% / 8h41m 54s$348K$167K20x
ShortBybit AAPLUSDT339.120get 0.0000% / 8h41m 54s$6.0M$39.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$17.05
Price spread: −0.006% → −0.017%
$1.12
Slippage, 4 orders
−$2.09
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.02
Costs to cover
0.251%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; Bybit: live order book, 2 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 BloFin live order book, 33 min ago0.15 bp6.5 bp −$67.6 bp −$7621.6 bp −$2,163doesn't fit
Sell Bybit live order book, 2 min ago0.15 bp6.2 bp −$68.9 bp −$8935.0 bp −$3,504doesn'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−0.0509%4h339.09−0.014%$81K$327K20xas long as short
Aster AAPLUSDT0.0000%8h339.00−0.041%$122K$291K20xas long as short
Bybit AAPLUSDTshort0.0000%8h339.12−0.006%$6.0M$39.6M100x
OKX AAPL-USDT-SWAP0.0000%8h339.07−0.021%$6.5M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h338.87−0.080%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.15+0.003%$380$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.82−0.094%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.24+0.029%$52K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.16+0.006%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0007%8h339.12−0.006%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h339.03−0.032%$964K$3.8M20xas long as short
Bitget AAPLUSDT+0.0036%8h339.11−0.009%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.76−0.112%$53K25xas long as short
Variational Omni AAPL+0.0048%8h339.13−0.001%$2.4M$1.4Mas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.96−0.053%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.96−0.053%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.86−0.083%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h339.09−0.015%$3.2M$5.1M10xas long as short
Binance AAPLUSDT+0.0079%8h339.09−0.015%$22.4M$67.4M25xas long as short
Extended AAPL_24_5-USD+0.0080%1h339.03−0.033%$285K$1.5M10xas long as short
BloFin AAPL-USDTlong+0.0081%8h339.14long leg$348K$167K20x
Lighter AAPL+0.0088%1h338.98−0.047%$773K$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.84−0.088%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.76−0.112%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99−0.044%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.09−0.016%$11K10xas long as short
Nado AAPL-PERP+0.0128%1h338.83−0.090%$556K$35K20xas long as short
Hotstuff AAPL-PERP+0.0128%1h339.03−0.032%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.032%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0215%1h338.96−0.053%$40.9M$76.5M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.57+0.127%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.09−0.015%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h339.03−0.032%$270K$71K20xas long as short