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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC−0.0064%/8hpaid last 24h −0.007%
Price spread now: OKX against Coinbase International+0.015%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.015%, 7d avg +0.029%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAPL-PERP-INTX339.350.0064pay 0.0008% / 1h23m 45s$663K$561K10x
ShortOKX AAPL-USDT-SWAP339.400get 0.0000% / 8h4h 23m$6.6M$6.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Coinbase International. 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
−$13.44
Price spread: +0.015% → +0.029%
−$1.43
Slippage, 4 orders
−$9.9
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$44.77
Costs to cover
0.299%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 9 min ago; OKX: live order book, 4 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 Coinbase International live order book, 9 min ago2.06 bp7.8 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.15 bp7.4 bp −$711.8 bp −$118doesn't fitdoesn'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−0.0483%4h339.40+0.014%$81K$324K20xas long as short
KuCoin AAPLUSDTM−0.0032%8h339.12−0.068%$1.4M$26K20xas long as short
Aster AAPLUSDT0.0000%8h339.36+0.003%$128K$282K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.30−0.014%$286K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.42+0.021%$22.3M$63.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.49+0.041%$6.6M$24.0M100xas long as short
OKX AAPL-USDT-SWAPshort0.0000%8h339.40+0.015%$6.6M$6.7M25x
Gate AAPL_USDT0.0000%8h339.14−0.062%$3.0M$3.8M100xas long as short
Bitget AAPLUSDT0.0000%8h339.48+0.038%$6.3M$3.0M100xas long as short
Variational Omni AAPL0.0000%8h339.44+0.025%$2.1M$1.0Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.51+0.047%$12K$524K10xas long as short
SunX AAPL-USDT0.0000%8h339.37+0.006%$482$4.8M20xas long as short
HTX AAPL-USDT0.0000%8h339.58+0.068%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.61+0.077%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0010%1h339.36+0.003%$3.3M$4.6M10xas long as short
BloFin AAPL-USDT+0.0027%8h339.41+0.018%$316K$157K20xas long as short
Lighter AAPL+0.0032%1h339.37+0.007%$711K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h339.350.000%$980K$3.9M20xas long as short
Arcus AAPL-USD+0.0040%1h339.33−0.006%$270K$81K20xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0045%1h339.36+0.003%$28K$64K10xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.17−0.053%$9K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.38+0.009%$36K20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.22−0.038%$267K$283K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.33−0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.11−0.071%$1.2M$2.0M20xas long as short
tradeXYZ xyz:AAPL+0.0060%1h339.34−0.003%$41.3M$75.6M20xas long as short
Coinbase International AAPL-PERP-INTXlong+0.0064%1h339.35long leg$663K$561K10x
Nado AAPL-PERP+0.0083%1h339.26−0.027%$557K$34K20xas long as short
Phoenix AAPL+0.0094%1h339.55+0.059%$2K$12K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.27−0.024%$948K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.31−0.012%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.36+0.004%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.15−0.059%$191K$44K30xas long as short