Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Phemex−0.021%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1881.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.021%, 7d avg −0.017%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AAPLUSDT339.900get 0.0000% / 4h2h 53m$2.1M$7K10x
ShortSunX AAPL-USDT339.830get 0.0000% / 8h6h 53m$714$4.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
Price spread: −0.021% → −0.017%
−$0.34
Slippage, 4 orders
−$167.81
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$188.15
Costs to cover
1.878%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; SunX: live order book, 5 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 Phemex live order book, 5 min ago1.76 bp41.6 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago44.86 bp49.4 bp −$49doesn't fitdoesn'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−0.0111%4h339.900.000%$81K$325K20xas long as short
Nado AAPL-PERP−0.0048%1h339.75−0.044%$556K$35K20xas long as short
BloFin AAPL-USDT−0.0015%8h339.84−0.018%$346K$166K20xas long as short
Aster AAPLUSDT0.0000%8h339.80−0.028%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.72−0.053%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.77−0.040%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.82−0.024%$6.4M$232.4M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.75−0.044%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.64−0.076%$3.0M$6.8M100xas long as short
Bitget AAPLUSDT0.0000%8h339.78−0.035%$6.2M$3.5M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AAPL0.0000%8h339.85−0.016%$2.5M$1.2Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.99+0.026%$22K$345K10xas long as short
SunX AAPL-USDTshort0.0000%8h339.83−0.021%$714$4.3M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.69−0.062%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h339.94+0.012%$62K$242K30xas long as short
Phemex AAPLUSDTlong0.0000%4h339.90long leg$2.1M$7K10x
QFEX AAPL-USD+0.0031%1h339.75−0.044%$3.3M$4.3M10xas long as short
Lighter AAPL+0.0032%1h339.78−0.036%$928K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.79−0.032%$986K$3.1M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.63−0.079%$45K25xas long as short
Hotstuff AAPL-PERP+0.0048%1h339.76−0.041%$36K20xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.78−0.035%$40.4M$76.4M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.73−0.050%$279K$350K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.76−0.041%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.60−0.088%$1.3M$2.2M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0056%1h339.97+0.021%$661K$653K10xas long as short
Arcus AAPL-USD+0.0082%1h339.72−0.053%$267K$60K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.70−0.059%$1.4M$107K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.84−0.018%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.77−0.038%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.77−0.037%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.97+0.021%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.35+0.132%$192K$44K30xas long as short