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−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against HTX−0.044%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.044%, 7d avg −0.014%
Together, before fees+0.211%+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.031% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX AAPL-USDT339.310get 0.0000% / 8h2h 46m$53K$225K30x
ShortBloFin AAPL-USDT339.16−0.0020pay 0.0020% / 8h2h 46m$342K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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
−$4.26
Price spread: −0.044% → −0.014%
−$3.07
Slippage, 4 orders
−$10.79
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$42.12
Costs to cover
0.348%
Break-even
never at this rate
Slippage from HTX: live order book, 65 min ago; BloFin: live order book, 43 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 HTX live order book, 65 min ago2.80 bp8.8 bp −$910.0 bp −$100doesn't fitdoesn't fit
Sell BloFin live order book, 43 min ago0.29 bp6.4 bp −$68.1 bp −$8115.7 bp −$1,567doesn'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
edgeX AAPLUSDC−0.0272%4h339.12−0.056%$81K$328K20xas long as short
Nado AAPL-PERP−0.0031%1h339.01−0.088%$555K$38K20xas long as short
BloFin AAPL-USDTshort−0.0020%8h339.16−0.044%$342K$168K20x
Aster AAPLUSDT0.0000%8h339.05−0.077%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.09−0.065%$278K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.18−0.038%$21.9M$67.1M25xas long as short
Bybit AAPLUSDT0.0000%8h339.17−0.041%$5.9M$89.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.18−0.038%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.97−0.100%$3.0M$4.6M100xas long as short
Bitget AAPLUSDT0.0000%8h339.25−0.018%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.25−0.019%$2.4M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.24−0.021%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.16−0.044%$610$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.98−0.097%$28K$68K10xas long as short
HTX AAPL-USDTlong0.0000%8h339.31long leg$53K$225K30x
Phemex AAPLUSDT0.0000%4h339.19−0.035%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0020%1h339.08−0.068%$3.2M$4.4M10xas long as short
Hotstuff AAPL-PERP+0.0024%1h339.02−0.085%$36K20xas long as short
Lighter AAPL+0.0032%1h339.02−0.086%$835K$2.5M20xas long as short
Lighter RH AAPL+0.0032%1h339.05−0.077%$946K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.02−0.085%$266K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.94−0.109%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.08−0.068%$662K$657K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.03−0.083%$40.5M$76.3M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.10−0.062%$277K$408K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.03−0.083%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.90−0.121%$1.3M$2.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.07−0.071%$1.4M$38K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.97−0.100%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.07−0.071%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.06−0.072%$11K10xas long as short
Phoenix AAPL+0.0212%1h339.27−0.012%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.95−0.106%$191K$44K30xas long as short