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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Arcus against ApeX Omni+0.027%53s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.027%, 7d avg −0.016%
Together, before fees−0.282%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.042% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.016%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.026% in total) that is about 6.1 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAPLUSDT339.400.0100pay 0.0013% / 1h14m 26s$948K$11.0M50x
ShortArcus AAPL-USD339.490.0040get 0.0005% / 1h14m 26s$267K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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
−$12.54
Price spread: +0.027% → −0.016%
$4.25
Slippage, 4 orders
−$19.7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$42.49
Costs to cover
0.342%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; Arcus: live order book, 29 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 ApeX Omni live order book, 5 min ago2.21 bp7.2 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell Arcus live order book, 29 min ago2.65 bp9.8 bp −$1012.7 bp −$127doesn'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−0.0170%4h339.53+0.040%$81K$328K20xas long as short
Nado AAPL-PERP−0.0049%1h339.41+0.002%$555K$38K20xas long as short
Hotstuff AAPL-PERP−0.0024%1h339.50+0.029%$36K20xas long as short
BloFin AAPL-USDT−0.0015%8h339.60+0.059%$341K$169K20xas long as short
Aster AAPLUSDT0.0000%8h339.49+0.026%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.49+0.027%$286K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.59+0.056%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.66+0.077%$5.9M$123.0M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.57+0.050%$6.3M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h339.400.000%$3.0M$5.2M100xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AAPLUSDT0.0000%8h339.62+0.065%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.60+0.057%$2.4M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.57+0.049%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.58+0.053%$462$4.6M20xas long as short
HTX AAPL-USDT0.0000%8h339.71+0.091%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.60+0.059%$2.1M$7K10xas long as short
Deribit AAPL_USDC-PERPETUAL+0.0015%1h339.37−0.009%$28K$69K10xas long as short
QFEX AAPL-USD+0.0023%1h339.46+0.018%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55+0.044%$660K$668K10xas long as short
Lighter AAPL+0.0032%1h339.50+0.030%$944K$2.7M20xas long as short
Lighter RH AAPL+0.0032%1h339.50+0.029%$944K$3.6M20xas long as short
Arcus AAPL-USDshort+0.0040%1h339.49+0.027%$267K$60K20x
Vest AAPL-USD-PERP+0.0046%1h339.30−0.029%$45K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.46+0.018%$279K$424K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.53+0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.26−0.041%$1.3M$2.4M20xas long as short
tradeXYZ xyz:AAPL+0.0068%1h339.48+0.024%$40.6M$76.5M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.32−0.024%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDTlong+0.0100%1h339.40long leg$948K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.35−0.015%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.39−0.002%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.75+0.103%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.33−0.021%$191K$44K30xas long as short