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+0.0408%/8h= +44.7% APRpaid last 24h +0.207%
Price spread now: Bybit against edgeX+0.028%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.492%+$49 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.028%, 7d avg +0.003%
Together, before fees+0.426%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.025% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.65−0.0408get 0.0204% / 4h1h 29m$81K$328K20x
ShortBybit AAPLUSDT339.740get 0.0000% / 8h1h 29m$5.8M$113.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$85.73
Price spread: +0.028% → +0.003%
$2.52
Slippage, 4 orders
−$11.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$56.3
Costs to cover
0.319%
Break-even
2.4 days
Slippage from edgeX: live order book, 14 min ago; Bybit: live order book, 10 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, 14 min ago4.86 bp9.9 bp −$1017.6 bp −$176doesn't fitdoesn't fit
Sell Bybit live order book, 10 min ago0.15 bp5.6 bp −$68.2 bp −$8224.1 bp −$2,413doesn'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−0.0408%4h339.65long leg$81K$328K20x
Nado AAPL-PERP−0.0060%1h339.58−0.019%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.60−0.012%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.64−0.002%$285K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.71+0.018%$22.1M$67.7M25xas long as short
Bybit AAPLUSDTshort0.0000%8h339.74+0.028%$5.8M$113.7M100x
OKX AAPL-USDT-SWAP0.0000%8h339.70+0.016%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.46−0.055%$3.0M$5.1M100xas long as short
Bitget AAPLUSDT0.0000%8h339.76+0.034%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.70+0.017%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.72+0.023%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.69+0.013%$788$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.58−0.019%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.76+0.034%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.77+0.037%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0015%8h339.71+0.019%$342K$168K20xas long as short
QFEX AAPL-USD+0.0023%1h339.65+0.001%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.66+0.004%$663K$662K10xas long as short
Lighter AAPL+0.0032%1h339.63−0.004%$907K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.64−0.002%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.58−0.019%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.53−0.034%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.64−0.002%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.66+0.004%$40.6M$76.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.65+0.001%$279K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.62−0.008%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.46−0.055%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.49−0.046%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.57−0.022%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.57−0.022%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.60−0.014%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.80+0.045%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.51−0.040%$191K$44K30xas long as short