Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0429%/8h= +47.0% APRpaid last 24h +0.026%

Price spread now: Deribit against HTX−0.047%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.047% cheaper against HTX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAPL-USDT	339.23	0	get 0.0000% / 8h	1h 45m	$53K	$223K	30x
Short	Deribit AAPL_USDC-PERPETUAL	339.07	0.0429	get 0.0054% / 1h	45m 54s	$28K	$65K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee HTXbpFee DeribitbpOrdersPrice spread, now −0.047%Rate

Funding earned: $90.05
Price spread: −0.047% → 0.000%: −$4.72
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $66.33
Costs to cover: 0.190%
Break-even: 1.8 days

Slippage unknown: HTX: live order book, 36 min ago; Deribit: no order-book sample. 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 HTX live order book, 36 min ago	2.80 bp	8.8 bp −$9	10.3 bp −$103	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0903%	4h	339.25	+0.006%	$81K	$326K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.14	−0.026%	$122K	$291K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.08	−0.043%	$284K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.15	−0.024%	$22.3M	$67.5M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.17	−0.018%	$6.1M	$31.0M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.05	−0.053%	$6.6M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.87	−0.106%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.11	−0.035%	$6.2M	$3.4M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.29	+0.016%	$2.4M	$1.5M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.22	−0.002%	$14K	$498K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX AAPL-USDT	0.0000%	8h	339.10	−0.038%	$773	$4.8M	20x	as long as short
HTX AAPL-USDTlong	0.0000%	8h	339.23	long leg	$53K	$223K	30x
Phemex AAPLUSDT	0.0000%	4h	339.19	−0.012%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0011%	8h	339.13	−0.029%	$352K	$168K	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.04	−0.056%	$968K	$3.8M	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.82	−0.121%	—	$53K	25x	as long as short
Lighter AAPL	+0.0048%	1h	339.01	−0.066%	$768K	$2.5M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.92	−0.091%	$265K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.99	−0.071%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.70	−0.156%	$1.5M	$2.4M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	339.04	−0.056%	$3.2M	$5.1M	10x	as long as short
Hotstuff AAPL-PERP	+0.0088%	1h	339.00	−0.068%	$36K	—	20x	as long as short
Nado AAPL-PERP	+0.0094%	1h	338.85	−0.113%	$556K	$35K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.84	−0.115%	$1.4M	$28K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.87	−0.106%	$947K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.00	−0.068%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.05	−0.054%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.93	−0.088%	$659K	$675K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0198%	1h	339.00	−0.068%	$40.9M	$77.0M	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.66	+0.127%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0354%	1h	339.29	+0.018%	$2K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0364%	1h	339.01	−0.065%	$270K	$70K	20x	as long as short
Deribit AAPL_USDC-PERPETUALshort	+0.0429%	1h	339.07	−0.047%	$28K	$65K	10x