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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0302%/8h= +33.1% APRpaid last 24h +0.161%
Price spread now: SunX against edgeX+0.036%74s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1191.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.036%, 7d avg +0.012%
Together, before fees+0.333%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SunX 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 +0.012%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.12−0.0302get 0.0151% / 4h2h 14m$81K$327K20x
ShortSunX AAPL-USDT339.240get 0.0000% / 8h6h 14m$583$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$63.46
Price spread: +0.036% → +0.012%
$2.43
Slippage, 4 orders
−$102.3
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$53.41
Costs to cover
1.193%
Break-even
12.9 days
Slippage from edgeX: live order book, 54 min ago; SunX: live order book, 4 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, 54 min ago5.32 bp10.5 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago44.65 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit

AAPL on 32 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−0.0302%4h339.12long leg$81K$327K20x
Nado AAPL-PERP−0.0084%1h339.14+0.008%$555K$38K20xas long as short
Deribit AAPL_USDC-PERPETUAL−0.0045%1h338.99−0.038%$28K$67K10xas long as short
Hotstuff AAPL-PERP−0.0008%1h339.17+0.015%$36K20xas long as short
Aster AAPLUSDT0.0000%8h339.19+0.020%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.30+0.054%$6.0M$39.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.28+0.048%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.05−0.020%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.23+0.033%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.16+0.014%$17K$433K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDTshort0.0000%8h339.24+0.036%$583$4.7M20x
HTX AAPL-USDT0.0000%8h339.35+0.068%$53K$225K30xas long as short
Phemex AAPLUSDT0.0000%4h339.24+0.036%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0002%8h339.24+0.034%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.13+0.003%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.09−0.009%$782K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.15+0.009%$950K$3.5M20xas long as short
Extended AAPL_24_5-USD+0.0032%1h339.16+0.013%$288K$2.0M10xas long as short
Binance AAPLUSDT+0.0033%8h339.26+0.042%$22.3M$66.8M25xas long as short
Arcus AAPL-USD+0.0040%1h339.10−0.005%$270K$70K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.07−0.014%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.94−0.053%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.19+0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.00−0.035%$1.4M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0057%1h339.18+0.018%$40.8M$75.7M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.06−0.017%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.16+0.012%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.09−0.008%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.13+0.005%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.179%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.06−0.017%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.30+0.054%$5K$11K20xas long as short