Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.025%

Price spread now: Hotstuff against Bitget−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.032% cheaper against Bitget than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAPLUSDT	339.49	0	get 0.0000% / 8h	2h 35m	$6.2M	$3.5M	100x
Short	Hotstuff AAPL-PERP	339.38	0.0056	get 0.0007% / 1h	35m 07s	$36K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Position, each leg$Hold fordaysFee BitgetbpFee HotstuffbpOrdersPrice spread, now −0.032%Rate

Funding earned: $11.76
Price spread: −0.032% → 0.000%: −$3.24
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$8.48
Costs to cover: 0.170%
Break-even: 12.0 days

Slippage unknown: Bitget: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

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 Bitget live order book, 3 min ago	0.74 bp	9.1 bp −$9	13.2 bp −$132	38.6 bp −$3,856	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0078%	4h	339.51	+0.006%	$81K	$327K	20x	as long as short
Nado AAPL-PERP	−0.0072%	1h	339.48	−0.003%	$555K	$38K	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	−0.0045%	1h	339.31	−0.053%	$28K	$68K	10x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.45	−0.013%	$121K	$295K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.42	−0.020%	$278K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.50	+0.002%	$22.0M	$67.2M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.53	+0.012%	$5.8M	$88.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.50	+0.003%	$6.2M	$6.9M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.24	−0.074%	$3.0M	$4.7M	100x	as long as short
Bitget AAPLUSDTlong	0.0000%	8h	339.49	long leg	$6.2M	$3.5M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.52	+0.010%	$2.4M	$1.3M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.52	+0.009%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.51	+0.006%	$744	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.62	+0.038%	$52K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.56	+0.021%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0019%	8h	339.57	+0.024%	$341K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.47	−0.006%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.42	−0.022%	$834K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.44	−0.015%	$945K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.31	−0.053%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.38	−0.032%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.16	−0.097%	$661K	$659K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.38	−0.032%	$40.5M	$76.3M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.38	−0.032%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.43	−0.018%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.35	−0.041%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERPshort	+0.0056%	1h	339.38	−0.032%	$36K	—	20x
KuCoin AAPLUSDTM	+0.0100%	8h	339.30	−0.056%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.43	−0.018%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.38	−0.032%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.41	−0.022%	$11K	—	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.47	−0.006%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.36	−0.038%	$191K	$44K	30x	as long as short