Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.027%

Price spread now: Bitget against Hotstuff+0.077%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.077% dearer against Hotstuff than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff AAPL-PERP	339.03	0.0024	pay 0.0003% / 1h	23m 02s	$36K	—	20x
Short	Bitget AAPLUSDT	339.29	0	get 0.0000% / 8h	3h 23m	$6.2M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Hotstuff. 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 HotstuffbpFee BitgetbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$5.04
Price spread: +0.077% → 0.000%: $7.67
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$14.37
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	0.15 bp	9.6 bp −$10	15.0 bp −$150	47.4 bp −$4,745	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 AAPLUSDC	−0.0890%	4h	339.07	+0.012%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0068%	1h	339.23	+0.060%	$555K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.20	+0.049%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.15	+0.034%	$287K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.24	+0.062%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.24	+0.062%	$5.9M	$70.1M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.23	+0.059%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.01	−0.006%	$3.0M	$4.5M	100x	as long as short
Bitget AAPLUSDTshort	0.0000%	8h	339.29	+0.077%	$6.2M	$3.5M	100x
Variational Omni AAPL	0.0000%	8h	339.12	+0.025%	$2.4M	$1.4M	—	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	339.13	+0.030%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.23	+0.059%	$451	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.12	+0.027%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.31	+0.083%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.22	+0.056%	$2.1M	$7K	10x	as long as short
Hotstuff AAPL-PERPlong	+0.0024%	1h	339.03	long leg	$36K	—	20x
BloFin AAPL-USDT	+0.0028%	8h	339.17	+0.041%	$340K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	339.11	+0.024%	$3.2M	$4.5M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.13	+0.029%	$782K	$2.4M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.14	+0.032%	$941K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.98	−0.015%	$266K	$61K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.03	0.000%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.17	+0.041%	$40.5M	$76.1M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.17	+0.041%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.17	+0.041%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.93	−0.029%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	338.78	−0.074%	$661K	$657K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.20	+0.050%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.88	−0.044%	$947K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.16	+0.038%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.13	+0.029%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.89	−0.041%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	339.20	+0.050%	$5K	$11K	20x	as long as short