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−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.021%
Price spread now: tradeXYZ against ApeX Omni+0.012%65s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.222%−$22 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.012%, 7d avg −0.057%
Together, before fees−0.259%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.069% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.057%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.222% in total) that is about 2.2 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAPLUSDT339.490.0100pay 0.0013% / 1h24m 23s$948K$11.0M50x
ShorttradeXYZ xyz:AAPL339.530.0050get 0.0006% / 1h24m 23s$40.6M$76.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$10.5
Price spread: +0.012% → −0.057%
$6.9
Slippage, 4 orders
−$7.12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$38.72
Costs to cover
0.351%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; tradeXYZ: 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 ApeX Omni live order book, 5 min ago2.21 bp7.2 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago0.44 bp9.9 bp −$1013.1 bp −$131doesn'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−0.0797%4h339.60+0.034%$81K$326K20xas long as short
Nado AAPL-PERP−0.0059%1h339.33−0.048%$555K$38K20xas long as short
Aster AAPLUSDT0.0000%8h339.57+0.024%$121K$292K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.48−0.003%$285K$1.8M10xas long as short
Binance AAPLUSDT0.0000%8h339.57+0.023%$22.1M$67.7M25xas long as short
Bybit AAPLUSDT0.0000%8h339.58+0.027%$7.1M$117.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.54+0.015%$6.3M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h339.38−0.032%$3.0M$5.1M100xas long as short
Bitget AAPLUSDT0.0000%8h339.65+0.047%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.65+0.049%$2.4M$1.4Mas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.72+0.069%$16K$402K10xas long as short
SunX AAPL-USDT0.0000%8h339.59+0.029%$710$4.6M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.41−0.024%$28K$69K10xas long as short
HTX AAPL-USDT0.0000%8h339.71+0.065%$62K$245K30xas long as short
Phemex AAPLUSDT0.0000%4h339.70+0.062%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0002%8h339.59+0.029%$342K$168K20xas long as short
Hotstuff AAPL-PERP+0.0008%1h339.490.000%$36K20xas long as short
QFEX AAPL-USD+0.0023%1h339.47−0.006%$3.3M$4.3M10xas long as short
Coinbase International AAPL-PERP-INTX+0.0024%1h339.55+0.018%$660K$668K10xas long as short
Lighter AAPL+0.0032%1h339.39−0.029%$910K$2.6M20xas long as short
Lighter RH AAPL+0.0032%1h339.39−0.029%$944K$3.6M20xas long as short
Arcus AAPL-USD+0.0040%1h339.52+0.009%$267K$60K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.35−0.041%$45K25xas long as short
tradeXYZ xyz:AAPLshort+0.0050%1h339.53+0.012%$40.6M$76.4M20x
Polymarket Perps AAPL-USD+0.0050%1h339.48−0.003%$279K$422K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.56+0.021%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.31−0.053%$1.3M$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h339.32−0.050%$1.4M$39K20xas long as short
ApeX Omni AAPLUSDTlong+0.0100%1h339.49long leg$948K$11.0M50x
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.48−0.003%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.51+0.007%$11K$10210xas long as short
Phoenix AAPL+0.0212%1h339.72+0.068%$5K$12K20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.41−0.024%$191K$44K30xas long as short