Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.8% APRpaid last 24h +0.207%

Price spread now: Bybit against edgeX+0.022%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.492%+$49 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.022%, 7d avg +0.003%

Together, before fees+0.432%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	339.70	−0.0218	get 0.0109% / 4h	59m 36s	$81K	$328K	20x
Short	Bybit AAPLUSDT	339.77	0	get 0.0000% / 8h	59m 36s	$6.0M	$129.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.022%Rate

Funding earned: $45.69
Price spread: +0.022% → +0.003%: $1.94
Slippage, 4 orders: −$11.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $15.68
Costs to cover: 0.319%
Break-even: 4.6 days

Slippage from edgeX: live order book, 44 min ago; Bybit: live order book, 4 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, 44 min ago	4.86 bp	9.9 bp −$10	17.6 bp −$176	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.15 bp	5.6 bp −$6	6.2 bp −$62	19.4 bp −$1,944	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	−0.0218%	4h	339.70	long leg	$81K	$328K	20x
Nado AAPL-PERP	−0.0049%	1h	339.55	−0.042%	$555K	$37K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.61	−0.024%	$121K	$292K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.62	−0.021%	$286K	$1.9M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.72	+0.007%	$22.1M	$67.5M	25x	as long as short
Bybit AAPLUSDTshort	0.0000%	8h	339.77	+0.022%	$6.0M	$129.1M	100x
OKX AAPL-USDT-SWAP	0.0000%	8h	339.71	+0.004%	$6.3M	$7.0M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	339.51	−0.055%	$3.0M	$5.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	339.72	+0.007%	$6.2M	$3.6M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.75	+0.018%	$2.4M	$1.2M	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AAPL_USDT_Perp	0.0000%	8h	339.70	+0.002%	$16K	$402K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.71	+0.004%	$499	$4.5M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	339.52	−0.052%	$28K	$69K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.78	+0.025%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.74	+0.013%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0023%	8h	339.76	+0.019%	$342K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0023%	1h	339.67	−0.008%	$3.3M	$4.3M	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0024%	1h	339.55	−0.043%	$660K	$662K	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.66	−0.011%	$945K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.63	−0.019%	$949K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.62	−0.022%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.47	−0.066%	—	$45K	25x	as long as short
Hotstuff AAPL-PERP	+0.0048%	1h	339.65	−0.013%	$36K	—	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.62	−0.022%	$279K	$424K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.64	−0.016%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.52	−0.052%	$1.3M	$2.4M	20x	as long as short
tradeXYZ xyz:AAPL	+0.0053%	1h	339.65	−0.013%	$40.6M	$76.2M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.53	−0.049%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	339.51	−0.055%	$948K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.57	−0.037%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.61	−0.025%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.86	+0.048%	$5K	$12K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.48	−0.063%	$191K	$44K	30x	as long as short