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+0.0174%/8h= +19.0% APRpaid last 24h +0.183%
Price spread now: KuCoin against edgeX0.000%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.510%+$51 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now 0.000%, 7d avg −0.054%
Together, before fees+0.398%+ Points / potential airdropedgeX: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.054% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.15−0.0074get 0.0037% / 4h3h 03m$81K$328K20x
ShortKuCoin AAPLUSDTM339.150.0100get 0.0100% / 8h3h 03m$1.4M$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$36.53
Price spread: 0.000% → −0.054%
$5.39
Slippage, 4 orders
−$128.85
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$107.93
Costs to cover
1.498%
Break-even
27.7 days
Slippage from edgeX: live order book, 50 min ago; KuCoin: live order book, 7 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, 50 min ago5.31 bp10.3 bp −$1017.7 bp −$177doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago6.64 bp77.8 bp −$78doesn't fitdoesn'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
Nado AAPL-PERP−0.0096%1h339.10−0.015%$555K$38K20xas long as short
edgeX AAPLUSDClong−0.0074%4h339.15long leg$81K$328K20x
BloFin AAPL-USDT−0.0021%8h339.22+0.021%$341K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.15−0.001%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.10−0.016%$278K$1.6M10xas long as short
Binance AAPLUSDT0.0000%8h339.18+0.009%$22.0M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.17+0.006%$5.8M$73.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.22+0.021%$6.3M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.95−0.059%$3.0M$4.5M100xas long as short
Bitget AAPLUSDT0.0000%8h339.29+0.041%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.20+0.016%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.25+0.030%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.19+0.012%$709$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.03−0.035%$28K$67K10xas long as short
HTX AAPL-USDT0.0000%8h339.25+0.030%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.34+0.056%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0030%1h339.08−0.021%$3.2M$4.4M10xas long as short
Lighter AAPL+0.0032%1h339.04−0.032%$808K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h339.06−0.026%$939K$3.6M20xas long as short
Hotstuff AAPL-PERP+0.0040%1h339.07−0.024%$36K20xas long as short
Arcus AAPL-USD+0.0040%1h339.04−0.032%$266K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.02−0.038%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.08−0.021%$40.5M$76.2M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.07−0.024%$277K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.05−0.029%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.03−0.035%$1.3M$2.5M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0096%1h339.12−0.009%$661K$656K10xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.150.000%$1.4M$38K20x
ApeX Omni AAPLUSDT+0.0100%1h339.16+0.003%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.08−0.021%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.09−0.018%$11K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.05−0.029%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.25+0.030%$5K$11K20xas long as short