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−0.0060%/8h= −6.6% APRnext payment $0.60 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.003%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.003%, 7d avg −0.022%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.025% dearer against Bitget than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.022%): +$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 33 hours. At the pace of the last 7 days (−0.010% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAPLUSDT339.050.0060pay 0.0060% / 8h26m 29s$6.2M$3.5M100x
ShortBybit AAPLUSDT339.060get 0.0000% / 8h26m 29s$6.0M$39.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
−$12.6
Price spread: +0.003% → −0.022%
$2.45
Slippage, 4 orders
−$4.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$37.85
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago0.15 bp7.0 bp −$712.0 bp −$12046.4 bp −$4,639doesn't fit
Sell Bybit live order book, 2 min ago0.15 bp6.0 bp −$68.5 bp −$8534.7 bp −$3,466doesn'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−0.0258%4h339.01−0.013%$81K$324K20xas long as short
Aster AAPLUSDT0.0000%8h338.97−0.025%$122K$291K20xas long as short
Bybit AAPLUSDTshort0.0000%8h339.06+0.003%$6.0M$39.2M100x
OKX AAPL-USDT-SWAP0.0000%8h339.00−0.015%$6.5M$6.8M25xas long as short
Gate AAPL_USDT0.0000%8h338.81−0.071%$3.0M$4.2M100xas long as short
SunX AAPL-USDT0.0000%8h339.04−0.003%$922$4.8M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.72−0.097%$28K$66K10xas long as short
HTX AAPL-USDT0.0000%8h339.11+0.018%$53K$224K30xas long as short
Phemex AAPLUSDT0.0000%4h339.050.000%$2.1M$7K10xas long as short
GRVT AAPL_USDT_Perp+0.0020%8h339.11+0.017%$14K$498K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AAPL+0.0032%1h338.96−0.027%$966K$3.8M20xas long as short
Vest AAPL-USD-PERP+0.0046%1h338.67−0.112%$53K25xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.88−0.050%$265K$394K10xas long as short
SoDEX AAPL-USD+0.0050%1h338.90−0.044%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.78−0.080%$1.4M$2.4M20xas long as short
Bitget AAPLUSDTlong+0.0060%8h339.05long leg$6.2M$3.5M100x
QFEX AAPL-USD+0.0064%1h338.97−0.024%$3.2M$5.1M10xas long as short
Lighter AAPL+0.0072%1h338.92−0.038%$772K$2.4M20xas long as short
Variational Omni AAPL+0.0075%8h339.08+0.010%$2.4M$1.4Mas long as short
Hotstuff AAPL-PERP+0.0096%1h338.92−0.038%$36K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.81−0.071%$1.4M$27K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.70−0.103%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.95−0.029%$4K10xas long as short
Binance AAPLUSDT+0.0104%8h339.05−0.001%$22.4M$67.0M25xas long as short
Extended AAPL_24_5-USD+0.0104%1h338.99−0.018%$285K$1.5M10xas long as short
Aevo AAPL-PERP+0.0104%1h338.99−0.017%$11K10xas long as short
BloFin AAPL-USDT+0.0115%8h339.04−0.003%$350K$167K20xas long as short
Nado AAPL-PERP+0.0119%1h338.77−0.084%$556K$33K20xas long as short
tradeXYZ xyz:AAPL+0.0188%1h338.93−0.035%$40.8M$76.3M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0192%1h339.03−0.006%$660K$676K10xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.50+0.133%$191K$44K30xas long as short
Phoenix AAPL+0.0330%1h338.98−0.021%$5K$8K20xas long as short
Arcus AAPL-USD+0.0397%1h338.91−0.041%$269K$70K20xas long as short