Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0505%/8h= +55.3% APRpaid last 24h +0.237%

Price spread now: ApeX Omni against edgeX+0.010%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs+$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.711%+$71 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.010%, 7d avg −0.034%

Together, before fees+0.658%+ Points / potential airdropedgeX: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and ApeX Omni is 0.044% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.17	−0.0405	get 0.0202% / 4h	3h 06m	$81K	$327K	20x
Short	ApeX Omni AAPLUSDT	339.20	0.0100	get 0.0013% / 1h	6m 51s	$947K	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.010%Rate

Funding earned: $105.99
Price spread: +0.010% → −0.034%: $4.36
Slippage, 4 orders: −$16.43
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $74.92
Costs to cover: 0.354%
Break-even: 2.1 days

Slippage from edgeX: live order book, 46 min ago; ApeX Omni: live order book, 2 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 edgeX live order book, 46 min ago	5.31 bp	10.3 bp −$10	17.7 bp −$177	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	2.21 bp	7.8 bp −$8	9.1 bp −$91	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 AAPLUSDClong	−0.0405%	4h	339.17	long leg	$81K	$327K	20x
Deribit AAPL_USDC-PERPETUAL	−0.0104%	1h	339.04	−0.038%	$28K	$67K	10x	as long as short
Nado AAPL-PERP	−0.0096%	1h	339.19	+0.007%	$555K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.22	+0.014%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.17	+0.001%	$278K	$1.5M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.26	+0.027%	$22.0M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.18	+0.004%	$5.8M	$71.4M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.26	+0.027%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.98	−0.055%	$3.0M	$4.5M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.28	+0.033%	$6.2M	$3.5M	100x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAPL	0.0000%	8h	339.27	+0.032%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.29	+0.035%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.24	+0.021%	$784	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.36	+0.057%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.34	+0.051%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0027%	8h	339.26	+0.027%	$340K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0030%	1h	339.14	−0.008%	$3.2M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.02	−0.043%	$803K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.04	−0.038%	$939K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.07	−0.029%	$266K	$61K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.07	−0.029%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.06	−0.032%	$40.5M	$76.1M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.12	−0.014%	$278K	$408K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.13	−0.011%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.91	−0.076%	$1.3M	$2.5M	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0096%	1h	339.12	−0.014%	$661K	$656K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.25	+0.024%	$1.4M	$38K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	339.20	+0.010%	$947K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.12	−0.014%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.15	−0.006%	$11K	—	10x	as long as short
Hotstuff AAPL-PERP	+0.0120%	1h	339.15	−0.005%	$36K	—	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.05	−0.035%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	339.26	+0.027%	$5K	$11K	20x	as long as short