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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0163%/8h= −17.8% APRpaid last 24h +0.014%
Price spread now: Deribit against SunX−0.047%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.047% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAPL-USDT339.160get 0.0000% / 8h6h 18m$573$4.7M20x
ShortDeribit AAPL_USDC-PERPETUAL339.00−0.0163pay 0.0020% / 1h18m 34s$28K$67K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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
−$34.19
Price spread: −0.047% → 0.000%
−$4.72
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$53.91
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago44.68 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAPL on 32 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−0.0672%4h339.13−0.010%$81K$326K20xas long as short
Deribit AAPL_USDC-PERPETUALshort−0.0163%1h339.00−0.047%$28K$67K10x
Nado AAPL-PERP−0.0079%1h339.26+0.029%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.24+0.022%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.26+0.029%$6.0M$39.3M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.26+0.029%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.08−0.024%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.18+0.006%$6.2M$3.5M100xas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.06−0.028%$17K$433K10xas long as short
SunX AAPL-USDTlong0.0000%8h339.16long leg$573$4.7M20x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AAPL-USDT0.0000%8h339.30+0.041%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.21+0.015%$2.1M$6K10xas long as short
Variational Omni AAPL+0.0012%8h339.19+0.007%$2.4M$1.4Mas long as short
QFEX AAPL-USD+0.0028%1h339.14−0.006%$3.2M$4.9M10xas long as short
Lighter AAPL+0.0032%1h339.18+0.006%$743K$2.3M20xas long as short
Lighter RH AAPL+0.0032%1h339.18+0.006%$951K$3.5M20xas long as short
Extended AAPL_24_5-USD+0.0040%1h339.18+0.005%$288K$2.0M10xas long as short
Arcus AAPL-USD+0.0040%1h339.04−0.035%$270K$70K20xas long as short
Binance AAPLUSDT+0.0041%8h339.26+0.029%$22.3M$66.8M25xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.12−0.012%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.96−0.059%$262K$396K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.18+0.006%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.98−0.053%$1.4M$2.5M20xas long as short
tradeXYZ xyz:AAPL+0.0057%1h339.18+0.006%$40.8M$75.7M20xas long as short
Hotstuff AAPL-PERP+0.0088%1h339.19+0.009%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.03−0.038%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h339.08−0.024%$947K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.11−0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.11−0.015%$11K10xas long as short
Coinbase International AAPL-PERP-INTX+0.0136%1h338.51−0.192%$655K$665K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h338.92−0.071%$191K$44K30xas long as short
Phoenix AAPL+0.0236%1h339.21+0.015%$5K$11K20xas long as short