Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0637%/8h= −69.7% APRpaid last 24h −0.125%

Price spread now: edgeX against Hotstuff+0.033%58s7-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 edgeX

What this pair did over the last

the charts below follow

Funding, last 3 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 · edgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.033% dearer against Hotstuff than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 58 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	Hotstuff AAPL-PERP	338.98	0.0128	pay 0.0016% / 1h	40m 14s	$36K	—	20x
Short	edgeX AAPLUSDC	339.09	−0.0509	pay 0.0254% / 4h	40m 14s	$81K	$327K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$133.72
Price spread: +0.033% → 0.000%: $3.32
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$144.39
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; edgeX: live order book, 38 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 edgeX live order book, 38 min ago	5.31 bp	10.5 bp −$11	18.0 bp −$180	doesn't fit	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 AAPLUSDCshort	−0.0509%	4h	339.09	+0.033%	$81K	$327K	20x
Aster AAPLUSDT	0.0000%	8h	339.00	+0.005%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.12	+0.041%	$6.0M	$39.6M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.07	+0.027%	$6.5M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.88	−0.030%	$3.0M	$4.2M	100x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.14	+0.047%	$549	$4.8M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.20	+0.065%	$52K	$223K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.16	+0.053%	$2.1M	$7K	10x	as long as short
GRVT AAPL_USDT_Perp	+0.0009%	8h	339.14	+0.046%	$14K	$498K	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.05	+0.021%	$964K	$3.8M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	+0.0039%	8h	339.12	+0.041%	$6.2M	$3.4M	100x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.77	−0.062%	—	$53K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.93	−0.015%	$265K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.97	−0.003%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.82	−0.047%	$1.4M	$2.4M	20x	as long as short
Variational Omni AAPL	+0.0057%	8h	339.14	+0.049%	$2.4M	$1.4M	—	as long as short
BloFin AAPL-USDT	+0.0058%	8h	339.07	+0.027%	$348K	$167K	20x	as long as short
QFEX AAPL-USD	+0.0064%	1h	339.03	+0.015%	$3.2M	$5.1M	10x	as long as short
Lighter AAPL	+0.0080%	1h	339.02	+0.012%	$773K	$2.4M	20x	as long as short
Extended AAPL_24_5-USD	+0.0080%	1h	339.08	+0.030%	$285K	$1.5M	10x	as long as short
Binance AAPLUSDT	+0.0083%	8h	339.14	+0.047%	$22.4M	$67.3M	25x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.85	−0.038%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.76	−0.065%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.99	+0.003%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.08	+0.029%	$11K	—	10x	as long as short
Nado AAPL-PERP	+0.0124%	1h	338.84	−0.043%	$556K	$35K	20x	as long as short
Hotstuff AAPL-PERPlong	+0.0128%	1h	338.98	long leg	$36K	—	20x
Coinbase International AAPL-PERP-INTX	+0.0192%	1h	339.03	+0.015%	$660K	$677K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0208%	1h	338.98	0.000%	$40.9M	$76.5M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.57	+0.174%	$191K	$44K	30x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0222%	1h	338.97	−0.003%	$28K	$66K	10x	as long as short
Phoenix AAPL	+0.0330%	1h	339.15	+0.050%	$2K	$8K	20x	as long as short
Arcus AAPL-USD	+0.0397%	1h	338.99	+0.003%	$270K	$70K	20x	as long as short