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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0390%/8h= +42.7% APRpaid last 24h +0.273%
Price spread now: Injective against edgeX−0.060%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs+$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.952%+$95 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.060%, 7d avg +0.079%
Together, before fees+0.898%+ Points / potential airdropedgeX: Active · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.140% cheaper against edgeX than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.079%). If the spread goes back, that is −$14 on $10k: about 29 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.53−0.0170get 0.0085% / 4h1h 15m$81K$328K20x
ShortInjective AAPL/USDC PERP339.330.0220get 0.0028% / 1h15m 09s$191K$44K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$81.83
Price spread: −0.060% → +0.079%
−$13.98
Slippage, 4 orders
−$31.3
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$27.53
Costs to cover
0.403%
Break-even
4.6 days
Slippage from edgeX: live order book, 28 min ago; Injective: live order book, 29 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, 28 min ago4.86 bp9.9 bp −$1017.6 bp −$176doesn't fitdoesn't fit
Sell Injective live order book, 29 min ago7.95 bp11.7 bp −$1211.8 bp −$118doesn't fitdoesn'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−0.0170%4h339.53long leg$81K$328K20x
Nado AAPL-PERP−0.0050%1h339.42−0.034%$555K$38K20xas long as short
BloFin AAPL-USDT−0.0015%8h339.60+0.019%$341K$169K20xas long as short
Aster AAPLUSDT0.0000%8h339.45−0.025%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.45−0.025%$286K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.59+0.016%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.63+0.028%$6.0M$123.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.59+0.016%$6.3M$6.9M25xas long as short
Hotstuff AAPL-PERP0.0000%1h339.51−0.007%$36K20xas long as short
Gate AAPL_USDT0.0000%8h339.34−0.057%$3.0M$5.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.62+0.025%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.60+0.018%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.57+0.009%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.58+0.013%$462$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.71+0.052%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.60+0.019%$2.1M$7K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0015%1h339.37−0.049%$28K$69K10xas long as short
QFEX AAPL-USD+0.0023%1h339.45−0.025%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55+0.004%$660K$668K10xas long as short
Lighter AAPL+0.0032%1h339.44−0.027%$944K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.44−0.028%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.49−0.013%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.33−0.060%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.46−0.022%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.53−0.001%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.26−0.081%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0065%1h339.47−0.019%$40.6M$76.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.32−0.063%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.40−0.040%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.35−0.054%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.39−0.042%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.75+0.063%$5K$12K20xas long as short
Injective AAPL/USDC PERPshort+0.0220%1h339.33−0.060%$191K$44K30x