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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0962%/8h= +105.4% APRpaid last 24h +0.232%
Price spread now: BloFin against edgeX+0.044%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs+$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.613%+$61 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.044%, 7d avg +0.020%
Together, before fees+0.570%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BloFin is 0.024% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.613% in total (about 32.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.57−0.0978get 0.0489% / 4h1h 52m$81K$326K20x
ShortBloFin AAPL-USDT339.72−0.0015pay 0.0015% / 8h1h 52m$341K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$202.07
Price spread: +0.044% → +0.020%
$2.41
Slippage, 4 orders
−$12.78
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$170.69
Costs to cover
0.338%
Break-even
1.1 days
Slippage from edgeX: live order book, 56 min ago; BloFin: live order book, 33 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, 56 min ago5.16 bp10.2 bp −$1017.9 bp −$179doesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago0.15 bp6.2 bp −$67.9 bp −$7922.2 bp −$2,222doesn'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 AAPLUSDClong−0.0978%4h339.57long leg$81K$326K20x
Nado AAPL-PERP−0.0055%1h339.51−0.017%$555K$38K20xas long as short
BloFin AAPL-USDTshort−0.0015%8h339.72+0.044%$341K$168K20x
Hotstuff AAPL-PERP−0.0008%1h339.60+0.009%$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.52−0.015%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.63+0.017%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.71+0.041%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.66+0.027%$7.0M$103.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.68+0.033%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.44−0.038%$3.0M$4.9M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.77+0.059%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.65+0.025%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.64+0.021%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.71+0.041%$775$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.56−0.003%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.80+0.068%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.74+0.050%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0023%1h339.65+0.024%$3.2M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.006%$660K$657K10xas long as short
Lighter AAPL+0.0032%1h339.56−0.003%$908K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.570.000%$951K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.55−0.006%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.46−0.032%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.60+0.009%$280K$416K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.61+0.012%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.48−0.026%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0093%1h339.62+0.015%$40.6M$76.6M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.39−0.053%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.47−0.029%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.59+0.006%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.60+0.010%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.77+0.059%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.39−0.053%$191K$44K30xas long as short