Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Gate+0.032%51s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.404% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.032%, 7d avg +0.014%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAPL_USDT	339.57	0	get 0.0000% / 8h	2h 06m	$3.0M	$4.9M	100x
Short	ApeX Omni AAPLUSDT	339.68	0.0100	get 0.0013% / 1h	6m 35s	$949K	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: $21
Price spread: +0.032% → +0.014%: $1.87
Slippage, 4 orders: −$15.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$17.5
Costs to cover: 0.404%
Break-even: 12.8 days

Slippage from Gate: live order book, 2 min ago; ApeX Omni: 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 Gate live order book, 2 min ago	1.33 bp	12.9 bp −$13	24.5 bp −$245	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 3 min ago	2.21 bp	7.7 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 AAPLUSDC	−0.0800%	4h	339.77	+0.058%	$81K	$326K	20x	as long as short
Nado AAPL-PERP	−0.0115%	1h	339.71	+0.042%	$556K	$38K	20x	as long as short
Hotstuff AAPL-PERP	−0.0088%	1h	339.78	+0.062%	$36K	—	20x	as long as short
BloFin AAPL-USDT	−0.0002%	8h	339.81	+0.071%	$339K	$168K	20x	as long as short
Aster AAPLUSDT	0.0000%	8h	339.70	+0.039%	$121K	$293K	20x	as long as short
Extended AAPL_24_5-USD	0.0000%	1h	339.73	+0.046%	$288K	$1.8M	10x	as long as short
Binance AAPLUSDT	0.0000%	8h	339.83	+0.077%	$22.1M	$67.6M	25x	as long as short
Bybit AAPLUSDT	0.0000%	8h	339.85	+0.082%	$5.8M	$96.5M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	339.77	+0.059%	$6.3M	$6.9M	25x	as long as short
Gate AAPL_USDTlong	0.0000%	8h	339.57	long leg	$3.0M	$4.9M	100x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AAPLUSDT	0.0000%	8h	339.86	+0.085%	$6.2M	$3.5M	100x	as long as short
Variational Omni AAPL	0.0000%	8h	339.85	+0.081%	$2.4M	$1.4M	—	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	339.80	+0.067%	$16K	$411K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	339.80	+0.068%	$690	$4.6M	20x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.90	+0.097%	$62K	$245K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	339.86	+0.085%	$2.1M	$7K	10x	as long as short
Deribit AAPL_USDC-PERPETUAL	+0.0015%	1h	339.69	+0.035%	$28K	$68K	10x	as long as short
QFEX AAPL-USD	+0.0020%	1h	339.74	+0.050%	$3.3M	$4.4M	10x	as long as short
Lighter AAPL	+0.0032%	1h	339.68	+0.032%	$911K	$2.6M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	339.68	+0.032%	$945K	$3.7M	20x	as long as short
Arcus AAPL-USD	+0.0040%	1h	339.64	+0.021%	$267K	$60K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	339.58	+0.003%	—	$45K	25x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0048%	1h	339.55	−0.006%	$660K	$661K	10x	as long as short
tradeXYZ xyz:AAPL	+0.0050%	1h	339.70	+0.038%	$40.6M	$76.6M	20x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	339.68	+0.032%	$282K	$415K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	339.73	+0.047%	$75K	$3K	10x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	339.58	+0.003%	$1.3M	$2.4M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	339.54	−0.009%	$1.4M	$39K	20x	as long as short
ApeX Omni AAPLUSDTshort	+0.0100%	1h	339.68	+0.032%	$949K	$11.0M	50x
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	339.69	+0.035%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	339.69	+0.036%	$11K	$102	10x	as long as short
Phoenix AAPL	+0.0212%	1h	339.84	+0.080%	$5K	$11K	20x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	339.56	−0.003%	$191K	$44K	30x	as long as short