Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h +0.222%

Price spread now: Polymarket Perps against edgeX−0.037%64s7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs+$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.305% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.601%+$60 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.037%, 7d avg −0.070%

Together, before fees+0.555%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.033% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.070%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.70	−0.0218	get 0.0109% / 4h	57m 47s	$81K	$328K	20x
Short	Polymarket Perps AAPL-USD	339.57	0.0050	get 0.0006% / 1h	57m 47s	$279K	$424K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: $56.19
Price spread: −0.037% → −0.070%: $3.26
Slippage, 4 orders: −$13.48
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $28.97
Costs to cover: 0.305%
Break-even: 3.4 days

Slippage from edgeX: live order book, 45 min ago; Polymarket Perps: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 45 min ago	4.86 bp	9.9 bp −$10	17.6 bp −$176	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 45 min ago	0.88 bp	4.9 bp −$5	6.0 bp −$60	8.0 bp −$798	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDClong	−0.0218%	4h	339.70	long leg	$81K	$328K	20x
Nado AAPL-PERP	−0.0090%	1h	339.59	−0.033%	$555K	$37K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.60	−0.027%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.49	−0.062%	$286K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.57	−0.036%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.61	−0.025%	$6.1M	$129.7M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.52	−0.052%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.40	−0.087%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.59	−0.031%	$6.2M	$3.6M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.75	+0.018%	$2.4M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.70	+0.002%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.60	−0.028%	$384	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.49	−0.061%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.70	+0.001%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	+0.013%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0021%	8h	339.72	+0.007%	$342K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0027%	1h	339.63	−0.019%	$3.3M	$4.3M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.53	−0.049%	$941K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.52	−0.052%	$948K	$3.5M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.60	−0.028%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.49	−0.061%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.65	−0.013%	$36K	—	20x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.53	−0.049%	$40.6M	$76.2M	20x	as long as short
Polymarket Perps AAPL-USDshort	+0.0050%	1h	339.57	−0.037%	$279K	$424K	10x
SoDEX AAPL-USD	+0.0050%	1h	339.57	−0.037%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.48	−0.063%	$1.3M	$2.4M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0064%	1h	339.55	−0.043%	$660K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.44	−0.075%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.51	−0.055%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.58	−0.034%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.55	−0.044%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.048%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.48	−0.063%	$191K	$44K	30x	as long as short