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−0.0099%/8h= −10.8% APRnext payment $0.99 per $10,000 · paid last 24h +0.024%
Price spread now: HTX against KuCoin+0.106%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.106%, 7d avg +0.085%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.021% dearer against KuCoin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.085%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.009% in total) that is about 17 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AAPLUSDTM339.590.0099pay 0.0099% / 8h2h 07m$1.4M$39K20x
ShortHTX AAPL-USDT339.950get 0.0000% / 8h2h 07m$62K$245K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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
−$20.79
Price spread: +0.106% → +0.085%
$2.09
Slippage, 4 orders
−$112.14
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$154.84
Costs to cover
1.361%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 39 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 KuCoin live order book, 3 min ago6.48 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 39 min ago2.80 bp13.2 bp −$1316.3 bp −$163doesn't fitdoesn'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−0.0800%4h339.77+0.052%$81K$326K20xas long as short
Nado AAPL-PERP−0.0117%1h339.72+0.037%$556K$38K20xas long as short
Hotstuff AAPL-PERP−0.0088%1h339.78+0.056%$36K20xas long as short
BloFin AAPL-USDT−0.0012%8h339.81+0.065%$339K$168K20xas long as short
Aster AAPLUSDT0.0000%8h339.69+0.030%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.76+0.049%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.80+0.062%$22.1M$67.6M25xas long as short
Bybit AAPLUSDT0.0000%8h339.82+0.068%$7.0M$95.8M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.83+0.071%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.60+0.003%$3.0M$4.9M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.86+0.080%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.85+0.075%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.80+0.061%$16K$411K10xas long as short
SunX AAPL-USDT0.0000%8h339.84+0.074%$700$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.71+0.035%$28K$68K10xas long as short
HTX AAPL-USDTshort0.0000%8h339.95+0.106%$62K$245K30x
Phemex AAPLUSDT0.0000%4h339.80+0.062%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0020%1h339.74+0.044%$3.3M$4.4M10xas long as short
Lighter AAPL+0.0032%1h339.73+0.041%$911K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.73+0.041%$946K$3.7M20xas long as short
Arcus AAPL-USD+0.0040%1h339.65+0.018%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.60+0.003%$45K25xas long as short
Coinbase International AAPL-PERP-INTX+0.0048%1h339.55−0.012%$660K$662K10xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.76+0.050%$40.6M$76.6M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.65+0.018%$282K$415K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.76+0.050%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.62+0.009%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTMlong+0.0099%8h339.59long leg$1.4M$39K20x
ApeX Omni AAPLUSDT+0.0100%1h339.68+0.027%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.70+0.032%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.71+0.037%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.84+0.074%$5K$11K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.56−0.009%$191K$44K30xas long as short