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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.001%
Price spread now: KuCoin against Polymarket Perps−0.003%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2342.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.003%, 7d avg +0.016%
Together, before fees−0.125%−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AAPL-USD339.600.0050pay 0.0006% / 1h2m 12s$279K$347K10x
ShortKuCoin AAPLUSDTM339.590.0100get 0.0100% / 8h6h 02m$1.4M$149K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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
$10.5
Price spread: −0.003% → +0.016%
−$1.88
Slippage, 4 orders
−$213.75
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$225.13
Costs to cover
2.338%
Break-even
157.1 days
Slippage from Polymarket Perps: live order book, 48 min ago; KuCoin: live order book, 1 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 Polymarket Perps live order book, 48 min ago1.77 bp7.5 bp −$89.4 bp −$94doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago9.42 bp96.9 bp −$97doesn't fitdoesn't fitdoesn't fit

AAPL on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP−0.1600%1h339.16−0.130%$36K20xas long as short
edgeX AAPLUSDC−0.0163%4h339.78+0.054%$81K$327K20xas long as short
BloFin AAPL-USDT−0.0017%8h339.93+0.097%$348K$165K20xas long as short
Nado AAPL-PERP−0.0008%1h339.62+0.006%$556K$30K20xas long as short
Aster AAPLUSDT0.0000%8h339.76+0.046%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.60+0.001%$288K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.70+0.029%$22.1M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.72+0.035%$6.8M$274.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.77+0.050%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.52−0.024%$3.0M$7.1M100xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.73+0.038%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.89+0.087%$2.5M$1.3Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.81+0.063%$13K$348K10xas long as short
SunX AAPL-USDT0.0000%8h339.68+0.024%$523$4.2M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.62+0.006%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h339.83+0.068%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.82+0.065%$2.1M$7K10xas long as short
QFEX AAPL-USD+0.0031%1h339.57−0.009%$3.2M$4.2M10xas long as short
Lighter AAPL+0.0032%1h339.65+0.014%$931K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.64+0.012%$1.0M$3.3M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.47−0.038%$45K25xas long as short
tradeXYZ xyz:AAPL+0.0050%1h339.56−0.012%$40.5M$76.5M20xas long as short
Polymarket Perps AAPL-USDlong+0.0050%1h339.60long leg$279K$347K10x
SoDEX AAPL-USD+0.0050%1h339.55−0.015%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.41−0.056%$1.3M$2.2M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0056%1h339.77+0.050%$660K$655K10xas long as short
Arcus AAPL-USD+0.0082%1h339.54−0.018%$267K$52K20xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.59−0.003%$1.4M$149K20x
ApeX Omni AAPLUSDT+0.0100%1h339.64+0.012%$949K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.64+0.012%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.59−0.003%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.30+0.206%$192K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.77+0.050%$5K$12K20xas long as short