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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against OKX+0.003%73s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.003%, 7d avg +0.040%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.037% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.040%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAPL-USDT-SWAP339.710get 0.0000% / 8h1h 40m$6.3M$6.9M25x
ShortBloFin AAPL-USDT339.720.0001get 0.0001% / 8h1h 40m$341K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.16
Price spread: +0.003% → +0.040%
−$3.72
Slippage, 4 orders
−$4.48
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$30.04
Costs to cover
0.265%
Break-even
1326.0 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 45 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, 3 min ago0.15 bp7.4 bp −$711.6 bp −$116doesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago0.15 bp6.2 bp −$67.9 bp −$7922.2 bp −$2,222doesn'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−0.0398%4h339.62−0.026%$81K$328K20xas long as short
Nado AAPL-PERP−0.0044%1h339.58−0.037%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.59−0.036%$121K$293K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.56−0.043%$288K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.68−0.010%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.68−0.009%$5.9M$108.3M100xas long as short
OKX AAPL-USDT-SWAPlong0.0000%8h339.71long leg$6.3M$6.9M25x
Gate AAPL_USDT0.0000%8h339.45−0.077%$3.0M$5.0M100xas long as short
Bitget AAPLUSDT0.0000%8h339.710.000%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.73+0.004%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.75+0.010%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.710.000%$611$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.46−0.074%$28K$68K10xas long as short
HTX AAPL-USDT0.0000%8h339.72+0.003%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.69−0.006%$2.1M$7K10xas long as short
BloFin AAPL-USDTshort+0.0001%8h339.72+0.003%$341K$168K20x
QFEX AAPL-USD+0.0023%1h339.67−0.012%$3.2M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55−0.047%$660K$656K10xas long as short
Lighter AAPL+0.0032%1h339.59−0.036%$907K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.59−0.035%$950K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.62−0.026%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.51−0.059%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.64−0.021%$280K$417K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.60−0.032%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.48−0.068%$1.3M$2.4M20xas long as short
Hotstuff AAPL-PERP+0.0056%1h339.65−0.018%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0067%1h339.60−0.032%$40.6M$76.6M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.45−0.077%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.51−0.059%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.54−0.050%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.55−0.047%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.82+0.032%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.11+0.118%$191K$44K30xas long as short