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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0338%/8h= +37.1% APRpaid last 24h +0.173%
Price spread now: Binance against edgeX+0.031%80s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.399%+$40 on $10k
Price spread, last 2 days (all we have)+0.010%+$1 · spread now +0.031%, 7d avg +0.018%
Together, before fees+0.409%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.12−0.0302get 0.0151% / 4h2h 16m$81K$327K20x
ShortBinance AAPLUSDT339.220.0036get 0.0036% / 8h6h 16m$22.3M$66.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$71.08
Price spread: +0.031% → +0.018%
$1.32
Slippage, 4 orders
−$13.12
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$40.27
Costs to cover
0.321%
Break-even
3.0 days
Slippage from edgeX: live order book, 52 min ago; Binance: live order book, 11 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 edgeX live order book, 52 min ago5.32 bp10.5 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.15 bp5.9 bp −$68.7 bp −$8731.5 bp −$3,154doesn't fit

AAPL on 32 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 AAPLUSDClong−0.0302%4h339.12long leg$81K$327K20x
Deribit AAPL_USDC-PERPETUAL−0.0192%1h338.98−0.041%$28K$67K10xas long as short
Nado AAPL-PERP−0.0083%1h339.18+0.019%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.20+0.023%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.26+0.042%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.26+0.042%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.08−0.011%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.28+0.048%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.16+0.014%$17K$433K10xas long as short
SunX AAPL-USDT0.0000%8h339.22+0.030%$566$4.7M20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.06−0.017%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.25+0.039%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0012%8h339.19+0.020%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.13+0.003%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.11−0.002%$782K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.18+0.018%$950K$3.5M20xas long as short
Binance AAPLUSDTshort+0.0036%8h339.22+0.031%$22.3M$66.9M25x
Extended AAPL_24_5-USD+0.0040%1h339.15+0.009%$288K$2.0M10xas long as short
Hotstuff AAPL-PERP+0.0040%1h339.17+0.015%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.08−0.011%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.11−0.002%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.93−0.056%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.21+0.027%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.99−0.038%$1.4M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0055%1h339.21+0.027%$40.8M$75.7M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.04−0.023%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.16+0.012%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.09−0.008%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.12+0.001%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.179%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.92−0.058%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.30+0.054%$5K$11K20xas long as short