Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.161%

Price spread now: OKX against edgeX+0.003%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs+$3as in the Funding arb table

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

costs, in and out, $10k−$340.340% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.374%+$37 on $10k

Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.003%, 7d avg −0.024%

Together, before fees+0.318%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.027% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	338.80	−0.0365	get 0.0182% / 4h	3h 25m	$81K	$325K	20x
Short	OKX AAPL-USDT-SWAP	338.81	0	get 0.0000% / 8h	7h 25m	$6.4M	$6.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.003%Rate

Funding earned: $76.62
Price spread: +0.003% → −0.024%: $2.7
Slippage, 4 orders: −$15.03
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $45.3
Costs to cover: 0.340%
Break-even: 2.9 days

Slippage from edgeX: live order book, 48 min ago; OKX: live order book, 3 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, 48 min ago	5.31 bp	10.2 bp −$10	16.9 bp −$169	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.15 bp	6.5 bp −$6	11.1 bp −$111	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	−0.0365%	4h	338.80	long leg	$81K	$325K	20x
Nado AAPL-PERP	−0.0018%	1h	338.61	−0.055%	$554K	$38K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	338.84	+0.012%	$122K	$291K	20x	as long as short
Bybit AAPLUSDT	0.0000%	8h	338.83	+0.009%	$6.0M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAPshort	0.0000%	8h	338.81	+0.003%	$6.4M	$6.5M	25x
Hotstuff AAPL-PERP	0.0000%	1h	338.69	−0.033%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.61	−0.056%	$3.0M	$4.2M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.90	+0.030%	$17K	$489K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.82	+0.006%	$613	$4.7M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	338.93	+0.038%	$52K	$224K	30x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAPLUSDT	0.0000%	4h	338.90	+0.029%	$2.1M	$6K	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.67	−0.039%	$770K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.72	−0.024%	$957K	$3.6M	20x	as long as short
Bitget AAPLUSDT	+0.0038%	8h	338.83	+0.009%	$6.2M	$3.4M	100x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.56	−0.071%	—	$49K	25x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	338.73	−0.021%	$40.8M	$76.0M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.62	−0.053%	$263K	$396K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.71	−0.027%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.51	−0.086%	$1.4M	$2.5M	20x	as long as short
QFEX AAPL-USD	+0.0059%	1h	338.79	−0.003%	$3.2M	$5.0M	10x	as long as short
Variational Omni AAPL	+0.0083%	8h	338.82	+0.007%	$2.4M	$1.4M	—	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.60	−0.059%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.63	−0.050%	$946K	$10.9M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.74	−0.018%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.74	−0.016%	$11K	—	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0104%	1h	338.68	−0.036%	$28K	$66K	10x	as long as short
Binance AAPLUSDT	+0.0109%	8h	338.82	+0.005%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0112%	1h	338.73	−0.020%	$286K	$2.4M	10x	as long as short
BloFin AAPL-USDT	+0.0115%	8h	338.82	+0.006%	$346K	$169K	20x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0184%	1h	338.61	−0.056%	$655K	$668K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.58	−0.065%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0330%	1h	338.90	+0.029%	$5K	$11K	20x	as long as short
Arcus AAPL-USD	+0.0406%	1h	338.77	−0.009%	$269K	$70K	20x	as long as short