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+0.0081%/8h= +8.9% APRnext payment +$0.81 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against OKX−0.006%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.325% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days+0.082%+$8 · spread now −0.006%, 7d avg +0.036%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.042% cheaper against OKX than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.036%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.021% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAPL-USDT-SWAP339.000get 0.0000% / 8h7h 50m$6.5M$6.6M25x
ShortBitget AAPLUSDT338.980.0081get 0.0081% / 8h7h 50m$6.2M$3.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$17.01
Price spread: −0.006% → +0.036%
−$4.19
Slippage, 4 orders
−$10.47
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.66
Costs to cover
0.325%
Break-even
15.1 days
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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 OKX live order book, 2 min ago0.15 bp8.4 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.15 bp7.7 bp −$812.8 bp −$12836.4 bp −$3,639doesn'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−0.0218%4h338.92−0.023%$81K$326K20xas long as short
Nado AAPL-PERP−0.0080%1h338.82−0.053%$556K$36K20xas long as short
Aster AAPLUSDT0.0000%8h338.97−0.009%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.02+0.006%$6.0M$39.4M100xas long as short
OKX AAPL-USDT-SWAPlong0.0000%8h339.00long leg$6.5M$6.6M25x
Gate AAPL_USDT0.0000%8h338.77−0.068%$3.0M$4.2M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h338.93−0.021%$13K$479K10xas long as short
SunX AAPL-USDT0.0000%8h339.02+0.006%$471$4.7M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.84−0.047%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.18+0.053%$52K$225K30xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex AAPLUSDT0.0000%4h338.98−0.006%$2.1M$6K10xas long as short
Hotstuff AAPL-PERP+0.0016%1h338.90−0.029%$36K20xas long as short
Lighter AAPL+0.0032%1h338.85−0.043%$771K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h338.89−0.032%$957K$3.6M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.77−0.068%$53K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h338.91−0.027%$40.8M$76.0M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.84−0.047%$264K$395K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.89−0.032%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.64−0.106%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0059%1h338.99−0.003%$3.2M$5.1M10xas long as short
Bitget AAPLUSDTshort+0.0081%8h338.98−0.006%$6.2M$3.4M100x
Variational Omni AAPL+0.0098%8h339.02+0.007%$2.4M$1.4Mas long as short
KuCoin AAPLUSDTM+0.0100%8h338.64−0.106%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.81−0.056%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.90−0.029%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h338.96−0.012%$11K10xas long as short
BloFin AAPL-USDT+0.0109%8h339.03+0.009%$346K$170K20xas long as short
Binance AAPLUSDT+0.0119%8h339.02+0.006%$22.3M$66.9M25xas long as short
Extended AAPL_24_5-USD+0.0120%1h338.95−0.015%$284K$1.6M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0184%1h339.03+0.009%$660K$674K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.78−0.065%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.05+0.015%$5K$11K20xas long as short
Arcus AAPL-USD+0.0406%1h338.86−0.041%$269K$70K20xas long as short