Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against ApeX Omni+0.124%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$360.365% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.124%, 7d avg +0.067%

Together, before fees−0.336%−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.057% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of +0.067%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAPLUSDT	338.72	0.0100	pay 0.0013% / 1h	12m 54s	$946K	$10.9M	50x
Short	HTX AAPL-USDT	339.14	0	get 0.0000% / 8h	12m 54s	$53K	$224K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee HTXbpOrdersPrice spread, now +0.124%Rate

Funding earned: −$21
Price spread: +0.124% → +0.067%: $5.69
Slippage, 4 orders: −$14.46
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$51.77
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 6 min ago; HTX: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 6 min ago	1.92 bp	6.9 bp −$7	9.0 bp −$90	doesn't fit	doesn't fit
Sell HTX live order book, 63 min ago	2.80 bp	13.0 bp −$13	15.7 bp −$157	doesn't fit	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDC	−0.0406%	4h	339.00	+0.081%	$81K	$327K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.99	+0.080%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.04	+0.094%	$6.0M	$39.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.01	+0.086%	$6.5M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.83	+0.032%	$3.0M	$4.2M	100x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.03	+0.092%	$580	$4.8M	20x	as long as short
HTX AAPL-USDTshort	0.0000%	8h	339.14	+0.124%	$53K	$224K	30x
Phemex AAPLUSDT	0.0000%	4h	339.05	+0.097%	$2.1M	$7K	10x	as long as short
GRVT AAPL_USDT_Perp	+0.0023%	8h	339.04	+0.094%	$14K	$498K	10x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.95	+0.068%	$964K	$3.8M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AAPL-USD-PERP	+0.0046%	1h	338.70	−0.006%	—	$53K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.89	+0.050%	$265K	$394K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.90	+0.053%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.72	0.000%	$1.4M	$2.4M	20x	as long as short
Lighter AAPL	+0.0064%	1h	338.90	+0.053%	$772K	$2.4M	20x	as long as short
QFEX AAPL-USD	+0.0064%	1h	338.98	+0.077%	$3.2M	$5.1M	10x	as long as short
Bitget AAPLUSDT	+0.0078%	8h	339.00	+0.083%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	+0.0093%	8h	339.04	+0.093%	$2.4M	$1.4M	—	as long as short
Hotstuff AAPL-PERP	+0.0096%	1h	338.90	+0.053%	$36K	—	20x	as long as short
BloFin AAPL-USDT	+0.0096%	8h	339.03	+0.092%	$348K	$170K	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.78	+0.018%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDTlong	+0.0100%	1h	338.72	long leg	$946K	$10.9M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.91	+0.056%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.96	+0.071%	$11K	—	10x	as long as short
Nado AAPL-PERP	+0.0117%	1h	338.79	+0.019%	$557K	$34K	20x	as long as short
Binance AAPLUSDT	+0.0118%	8h	339.04	+0.094%	$22.4M	$67.0M	25x	as long as short
Extended AAPL_24_5-USD	+0.0120%	1h	338.98	+0.076%	$285K	$1.5M	10x	as long as short
tradeXYZ xyz:AAPL	+0.0183%	1h	338.90	+0.053%	$40.8M	$76.3M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0192%	1h	339.03	+0.092%	$660K	$676K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.41	+0.204%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	339.00	+0.083%	$5K	$8K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0370%	1h	338.96	+0.071%	$28K	$66K	10x	as long as short
Arcus AAPL-USD	+0.0397%	1h	338.87	+0.044%	$269K	$70K	20x	as long as short