Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0466%/8h= +51.1% APRpaid last 24h +0.205%

Price spread now: Aster against edgeX−0.030%110s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.551% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.548%+$55 on $10k

Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.030%, 7d avg +0.014%

Together, before fees+0.486%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.043% cheaper against edgeX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	340.00	−0.0466	get 0.0233% / 4h	3h 41m	$81K	$328K	20x
Short	Aster AAPLUSDT	339.90	0	get 0.0000% / 8h	7h 41m	$121K	$294K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now −0.030%Rate

Funding earned: $97.91
Price spread: −0.030% → +0.014%: −$4.31
Slippage, 4 orders: −$38.15
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $38.46
Costs to cover: 0.551%
Break-even: 4.3 days

Slippage from edgeX: live order book, 57 min ago; Aster: live order book, 55 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 edgeX live order book, 57 min ago	3.97 bp	9.1 bp −$9	15.9 bp −$159	doesn't fit	doesn't fit
Sell Aster live order book, 55 min ago	3.09 bp	15.1 bp −$15	189.1 bp −$1,891	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 AAPLUSDClong	−0.0466%	4h	340.00	long leg	$81K	$328K	20x
Nado AAPL-PERP	−0.0026%	1h	339.87	−0.037%	$556K	$36K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0015%	1h	339.76	−0.069%	$28K	$69K	10x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	339.90	−0.030%	$121K	$294K	20x
Extended AAPL_24_5-USD	0.0000%	1h	339.92	−0.022%	$285K	$2.1M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	340.00	+0.003%	$22.2M	$67.1M	25x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.98	−0.005%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.82	−0.052%	$3.0M	$5.6M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.96	−0.010%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	340.07	+0.023%	$2.5M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	340.04	+0.013%	$13K	$349K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	340.01	+0.004%	$755	$4.4M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	340.10	+0.031%	$62K	$244K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.96	−0.010%	$2.1M	$7K	10x	as long as short
Hotstuff AAPL-PERP	+0.0008%	1h	339.96	−0.010%	$36K	—	20x	as long as short
Bybit AAPLUSDT	+0.0009%	8h	340.02	+0.007%	$6.3M	$181.2M	100x	as long as short
QFEX AAPL-USD	+0.0010%	1h	339.88	−0.034%	$3.2M	$4.2M	10x	as long as short
BloFin AAPL-USDT	+0.0015%	8h	339.92	−0.022%	$345K	$166K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.92	−0.022%	$663K	$653K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.94	−0.017%	$932K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.92	−0.022%	$956K	$3.2M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.88	−0.034%	$267K	$59K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.78	−0.063%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.80	−0.058%	$279K	$350K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.85	−0.043%	$76K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.72	−0.081%	$1.3M	$2.3M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0073%	1h	339.85	−0.043%	$40.4M	$76.6M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.84	−0.046%	$1.4M	$71K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.84	−0.046%	$949K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.86	−0.040%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.85	−0.042%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	340.22	+0.066%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	340.55	+0.163%	$192K	$44K	30x	as long as short