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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Coinbase International−0.059%47s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.059%, 7d avg −0.021%
Together, before fees+0.225%+$22 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: Polymarket Perps is 0.038% cheaper against Coinbase International than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAPL-PERP-INTX338.780.0048pay 0.0006% / 1h27m 28s$659K$673K10x
ShortPolymarket Perps AAPL-USD338.580.0050get 0.0006% / 1h27m 28s$261K$370K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0.42
Price spread: −0.059% → −0.021%
−$3.79
Slippage, 4 orders
−$10.73
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$32.1
Costs to cover
0.287%
Break-even
542.0 days
Slippage from Coinbase International: live order book, 36 min ago; Polymarket Perps: live order book, 35 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, 36 min ago2.06 bp7.7 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 35 min ago1.48 bp7.2 bp −$77.5 bp −$759.4 bp −$945doesn'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−0.0696%4h338.81+0.009%$81K$325K20xas long as short
Nado AAPL-PERP−0.0052%1h338.75−0.008%$554K$38K20xas long as short
Aster AAPLUSDT0.0000%8h338.83+0.016%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h338.71−0.021%$285K$2.0M10xas long as short
Binance AAPLUSDT0.0000%8h338.83+0.015%$22.3M$67.0M25xas long as short
Bybit AAPLUSDT0.0000%8h338.84+0.018%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.88+0.030%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.59−0.056%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h338.93+0.044%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h338.99+0.061%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h338.88+0.030%$17K$424K10xas long as short
SunX AAPL-USDT0.0000%8h338.79+0.003%$711$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.61−0.050%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h338.90+0.035%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h338.99+0.062%$2.1M$6K10xas long as short
BloFin AAPL-USDT+0.0004%8h338.85+0.021%$343K$169K20xas long as short
QFEX AAPL-USD+0.0013%1h338.76−0.006%$3.2M$4.8M10xas long as short
Lighter AAPL+0.0032%1h338.62−0.049%$771K$2.4M20xas long as short
Lighter RH AAPL+0.0032%1h338.66−0.035%$950K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h338.76−0.006%$269K$69K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.58−0.059%$45K25xas long as short
Coinbase International AAPL-PERP-INTXlong+0.0048%1h338.78long leg$659K$673K10x
Polymarket Perps AAPL-USDshort+0.0050%1h338.58−0.059%$261K$370K10x
SoDEX AAPL-USD+0.0050%1h338.69−0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.65−0.038%$1.3M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0065%1h338.69−0.027%$40.7M$75.8M20xas long as short
Hotstuff AAPL-PERP+0.0088%1h338.68−0.030%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.72−0.018%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.72−0.018%$946K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.69−0.027%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.67−0.032%$10K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.72−0.018%$191K$44K30xas long as short
Phoenix AAPL+0.0259%1h338.93+0.044%$5K$11K20xas long as short