Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0479%/8h= −52.5% APRpaid last 24h −0.187%

Price spread now: edgeX against BloFin−0.006%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.499%−$50 on $10k

Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.006%, 7d avg −0.020%

Together, before fees−0.504%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAPL-USDT	338.82	0.0115	pay 0.0115% / 8h	7h 24m	$346K	$169K	20x
Short	edgeX AAPLUSDC	338.80	−0.0365	pay 0.0182% / 4h	3h 24m	$81K	$325K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$100.69
Price spread: −0.006% → −0.020%: $1.45
Slippage, 4 orders: −$13.85
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$134.09
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from BloFin: live order book, 45 min ago; edgeX: live order book, 49 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 BloFin live order book, 45 min ago	0.29 bp	6.3 bp −$6	7.7 bp −$77	21.4 bp −$2,139	doesn't fit
Sell edgeX live order book, 49 min ago	5.31 bp	10.5 bp −$10	18.2 bp −$182	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 AAPLUSDCshort	−0.0365%	4h	338.80	−0.006%	$81K	$325K	20x
Nado AAPL-PERP	−0.0018%	1h	338.60	−0.066%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.83	+0.003%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.75	−0.021%	$6.0M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.69	−0.038%	$6.4M	$6.6M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.53	−0.086%	$3.0M	$4.2M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.90	+0.024%	$17K	$489K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.82	0.000%	$613	$4.7M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.93	+0.032%	$52K	$224K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.90	+0.024%	$2.1M	$6K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAPL	+0.0032%	1h	338.60	−0.066%	$770K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.67	−0.044%	$956K	$3.6M	20x	as long as short
Bitget AAPLUSDT	+0.0036%	8h	338.79	−0.009%	$6.2M	$3.4M	100x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.48	−0.100%	—	$47K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.61	−0.062%	$40.8M	$75.8M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.62	−0.059%	$263K	$396K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.71	−0.032%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.51	−0.091%	$1.4M	$2.5M	20x	as long as short
Hotstuff AAPL-PERP	+0.0056%	1h	338.61	−0.062%	$36K	—	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.66	−0.047%	$3.2M	$5.0M	10x	as long as short
Variational Omni AAPL	+0.0083%	8h	338.82	+0.001%	$2.4M	$1.4M	—	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.61	−0.062%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.63	−0.056%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.74	−0.024%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.74	−0.022%	$11K	—	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0104%	1h	338.68	−0.041%	$28K	$66K	10x	as long as short
Binance AAPLUSDT	+0.0108%	8h	338.75	−0.020%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0112%	1h	338.66	−0.046%	$286K	$2.4M	10x	as long as short
BloFin AAPL-USDTlong	+0.0115%	8h	338.82	long leg	$346K	$169K	20x
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.61	−0.062%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.58	−0.071%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.90	+0.024%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.75	−0.021%	$269K	$70K	20x	as long as short