Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0150%/8h= +16.4% APRpaid last 24h +0.218%
Price spread now: KuCoin against edgeX−0.008%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.565%+$56 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.008%, 7d avg −0.051%
Together, before fees+0.461%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin 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 −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAPLUSDC339.47−0.0050get 0.0025% / 4h1h 45m$81K$328K20x
ShortKuCoin AAPLUSDTM339.440.0100get 0.0100% / 8h5h 45m$1.4M$162K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$31.45
Price spread: −0.008% → −0.051%
$4.37
Slippage, 4 orders
−$60.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$45.86
Costs to cover
0.817%
Break-even
17.2 days
Slippage from edgeX: live order book, 1 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago5.30 bp10.2 bp −$1017.4 bp −$174doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago6.78 bp34.0 bp −$34doesn't fitdoesn't fitdoesn't fit

AAPL on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AAPL-PERP−0.1600%1h339.42−0.014%$36K20xas long as short
edgeX AAPLUSDClong−0.0050%4h339.47long leg$81K$328K20x
Aster AAPLUSDT0.0000%8h339.57+0.030%$121K$295K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.48+0.004%$285K$2.1M10xas long as short
Binance AAPLUSDT0.0000%8h339.59+0.036%$22.1M$67.2M25xas long as short
Bybit AAPLUSDT0.0000%8h339.49+0.007%$6.7M$282.2M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h339.51+0.013%$6.3M$6.7M25xas long as short
Gate AAPL_USDT0.0000%8h339.42−0.014%$3.0M$7.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.59+0.036%$6.2M$3.5M100xas long as short
Variational Omni AAPL0.0000%8h339.56+0.029%$2.5M$1.3Mas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AAPL_USDT_Perp0.0000%8h339.58+0.033%$13K$336K10xas long as short
SunX AAPL-USDT0.0000%8h339.57+0.031%$360$4.2M20xas long as short
Deribit AAPL_USDC-PERPETUAL0.0000%1h339.38−0.025%$28K$70K10xas long as short
HTX AAPL-USDT0.0000%8h339.71+0.072%$62K$242K30xas long as short
Phemex AAPLUSDT0.0000%4h339.65+0.054%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0002%8h339.58+0.033%$349K$165K20xas long as short
QFEX AAPL-USD+0.0026%1h339.46−0.002%$3.2M$4.2M10xas long as short
Lighter RH AAPL+0.0032%1h339.52+0.016%$1.0M$3.2M20xas long as short
Arcus AAPL-USD+0.0040%1h339.37−0.028%$267K$52K20xas long as short
Nado AAPL-PERP+0.0046%1h339.44−0.007%$555K$29K20xas long as short
Vest AAPL-USD-PERP+0.0046%1h339.32−0.043%$45K25xas long as short
Lighter AAPL+0.0048%1h339.53+0.020%$929K$2.5M20xas long as short
Polymarket Perps AAPL-USD+0.0050%1h339.49+0.007%$279K$347K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.43−0.011%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h339.25−0.064%$1.3M$2.1M20xas long as short
tradeXYZ xyz:AAPL+0.0079%1h339.50+0.010%$40.5M$76.6M20xas long as short
Coinbase International AAPL-PERP-INTX+0.0080%1h339.77+0.089%$660K$655K10xas long as short
KuCoin AAPLUSDTMshort+0.0100%8h339.44−0.008%$1.4M$162K20x
ApeX Omni AAPLUSDT+0.0100%1h339.40−0.020%$948K$11.0M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h339.42−0.014%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.43−0.012%$11K$10210xas long as short
Injective AAPL/USDC PERP+0.0220%1h340.16+0.204%$191K$44K30xas long as short
Phoenix AAPL+0.0235%1h339.56+0.028%$5K$12K20xas long as short