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

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.79 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance+0.018%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.033%−$3 · spread now +0.018%, 7d avg −0.007%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.025% dearer against Binance than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.007%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAPLUSDT339.090.0079pay 0.0079% / 8h42m 08s$22.4M$67.4M25x
ShortSunX AAPL-USDT339.150get 0.0000% / 8h42m 08s$380$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
−$16.5
Price spread: +0.018% → −0.007%
$2.47
Slippage, 4 orders
−$91.46
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$123.49
Costs to cover
1.095%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; SunX: live order book, 6 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 Binance live order book, 15 min ago0.15 bp5.9 bp −$68.8 bp −$8832.7 bp −$3,266doesn't fit
Sell SunX live order book, 6 min ago44.67 bp49.2 bp −$49doesn't fitdoesn'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−0.0509%4h339.09+0.001%$81K$327K20xas long as short
Aster AAPLUSDT0.0000%8h339.02−0.021%$122K$291K20xas long as short
Bybit AAPLUSDT0.0000%8h339.11+0.006%$6.0M$39.6M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.07−0.006%$6.5M$7.0M25xas long as short
Gate AAPL_USDT0.0000%8h338.88−0.062%$3.0M$4.2M100xas long as short
SunX AAPL-USDTshort0.0000%8h339.15+0.018%$380$4.8M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.82−0.080%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.24+0.044%$52K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.16+0.021%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0007%8h339.12+0.008%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h339.03−0.018%$964K$3.8M20xas long as short
Bitget AAPLUSDT+0.0036%8h339.13+0.012%$6.2M$3.4M100xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.76−0.097%$53K25xas long as short
Variational Omni AAPL+0.0048%8h339.13+0.013%$2.4M$1.4Mas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.96−0.038%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.96−0.038%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.86−0.068%$1.4M$2.4M20xas long as short
QFEX AAPL-USD+0.0064%1h339.090.000%$3.2M$5.1M10xas long as short
Binance AAPLUSDTlong+0.0079%8h339.09long leg$22.4M$67.4M25x
Extended AAPL_24_5-USD+0.0080%1h339.04−0.015%$285K$1.5M10xas long as short
BloFin AAPL-USDT+0.0081%8h339.14+0.015%$348K$167K20xas long as short
Lighter AAPL+0.0088%1h338.98−0.032%$773K$2.4M20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.87−0.065%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.76−0.097%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.99−0.029%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.09−0.001%$11K10xas long as short
Nado AAPL-PERP+0.0128%1h338.83−0.075%$556K$35K20xas long as short
Hotstuff AAPL-PERP+0.0128%1h339.03−0.018%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.018%$660K$677K10xas long as short
tradeXYZ xyz:AAPL+0.0215%1h338.96−0.038%$40.9M$76.5M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.57+0.142%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h339.090.000%$2K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h339.03−0.018%$270K$71K20xas long as short