Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0800%/8h= +87.6% APRpaid last 24h +0.195%

Price spread now: Hotstuff against edgeX−0.013%7-day average — · you buy dearer than you sell

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

Long on edgeX 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 airdropedgeX: Active · Hotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$24 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	338.88	−0.0744	get 0.0372% / 4h	14m 47s	$81K	$328K	20x
Short	Hotstuff AAPL-PERP	338.84	0.0056	get 0.0007% / 1h	14m 47s	$36K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.013%Rate

Funding earned: $168.04
Price spread: −0.013% → 0.000%: −$1.31
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $152.73
Costs to cover: 0.140%
Break-even: 0.6 days

Slippage unknown: edgeX: live order book, 43 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 edgeX live order book, 43 min ago	5.17 bp	10.1 bp −$10	17.4 bp −$174	doesn't fit	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 AAPLUSDClong	−0.0744%	4h	338.88	long leg	$81K	$328K	20x
Nado AAPL-PERP	−0.0021%	1h	338.86	−0.007%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.83	−0.015%	$122K	$290K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	338.82	−0.019%	$284K	$2.0M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	338.91	+0.008%	$21.9M	$67.1M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.88	−0.001%	$5.9M	$47.2M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.90	+0.005%	$6.3M	$6.8M	25x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.68	−0.060%	$3.0M	$4.3M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.97	+0.025%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	338.94	+0.018%	$2.4M	$1.4M	—	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	338.97	+0.025%	$17K	$425K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.94	+0.016%	$342	$4.6M	20x	as long as short
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.75	−0.040%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.01	+0.037%	$53K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.019%	$2.1M	$7K	10x	as long as short
BloFin AAPL-USDT	+0.0028%	8h	338.94	+0.016%	$342K	$168K	20x	as long as short
QFEX AAPL-USD	+0.0031%	1h	338.90	+0.005%	$3.2M	$4.7M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.79	−0.029%	$782K	$2.5M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.81	−0.022%	$946K	$3.6M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.82	−0.019%	$266K	$67K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.74	−0.043%	—	$45K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.80	−0.025%	$40.5M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.80	−0.025%	$278K	$422K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.79	−0.028%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.66	−0.066%	$1.3M	$2.5M	20x	as long as short
Hotstuff AAPL-PERPshort	+0.0056%	1h	338.84	−0.013%	$36K	—	20x
Coinbase International AAPL-PERP-INTX	+0.0080%	1h	338.78	−0.031%	$659K	$661K	10x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.86	−0.007%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.71	−0.051%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.89	+0.002%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.84	−0.013%	$11K	—	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.72	−0.048%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0283%	1h	338.97	+0.025%	$5K	$11K	20x	as long as short